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

Recent Posts

NLC pickets AEDC, gives 48-hour ultimatum over sack of 900 workers

Operations at the Abuja Electricity Distribution Company (AEDC) were disrupted on Tuesday as the Nigeria…

2 hours ago

FG launches ₦20m national laureate prize to reward top student researchers

The Federal Government has introduced a new national prize scheme that will reward Nigeria’s most…

2 hours ago

Lagos CP bans taskforce from traffic operations

The Lagos State Commissioner of Police, Tijani Fatai, has directed the immediate withdrawal of the…

2 hours ago

Atiku slams Senate for approving Tinubu’s $6bn loan request

Former Vice President Atiku Abubakar has the Senate’s approval of President Bola Ahmed Tinubu’s request…

2 hours ago

EFCC re-arraigns Nadabo Energy boss over N1.4bn oil subsidy fraud

The Economic and Financial Crimes Commission (EFCC) on Tuesday re-arraigned the Chief Executive Officer of…

3 hours ago

Court orders final forfeiture of N3.4bn, properties linked to former NNPC gas company MD

The Federal High Court in Abuja has ordered the final forfeiture of N3.44 billion and…

3 hours ago

This website uses cookies.