Business

Borno govt rakes in N2.8bn IGR in one month

The Borno State Government has generated N2.8 billion Internally Generated Revenue (IGR) between January 1 and February 15, 2024.

The Executive Chairman of the Borno State Internal Revenue Service (BIRS), Prof. Bello Ibrahim, disclosed this at a press conference in Maiduguri, the state capital, on Friday, February 23.

Ibrahim said the Service collected N1.7 billion revenue in January while N1.1 billion was generated from February 1 to February 15.

EFCC arraigns 2 for N36.2m fraud in Borno

He stated that the BIRS also generated N19.4 billion from Ministries, Departments and Agencies as well as local government councils in 2023.

The BIRS chairman said the state recorded a remarkable increase in its revenue generation sequel to blockage of leakages, dedication and improved staff welfare as well as the application of modern technology that eased tax collection payment systems.

“The performance and huge successes achieved by the Babagana Zulum’s administration is due to the consolidation of the state government’s aggressive IGR drive across major sectors of the economy,” he said.

The Star

Segun Ojo

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