Business

Kaduna govt generates N58.09bn as IGR in 2022

The Kaduna State Government has declared that it generated N58.09 as Internally Generated Revenues (IGR) in 2022.

The Executive Chairman of the Kaduna State Internal Revenue Service (KADIRS), Zaid Abubakar, made this known via a statement issued on Thursday, May 18.

Abubakar disclosed that the state’s IGR rose from less than N13 billion in 2015 to N52.85 billion in 2021, rising to N58.09 billion in 2022.

He noted that unprecedented levels of IGR collection have been a notable feature of the Kaduna State Governor, Nasir El-Rufai‘s administration.

“However, media reports citing IGR collection figure for 2022 that is different from N58.09 billion did not emanate from any authorised agency of the Kaduna State Government and should be disregarded,” the KADIRS noted.

READ ALSO: World Bank lauds Kaduna govt for AGILE project ownership

He said the state government’s accomplishments in vastly increasing its IGR has further convinced the government that it can still improve its revenue generation.

Abubakar added: “The State Government, under the leadership of Malam Nasir El-Rufai, is proud of what it has already achieved, and it has no need to massage what are clearly impressive results, and which represent a clear outcome of the hard work of its officials and agencies.

“Kaduna State is now rightly acknowledged as one of the top IGR states, although it is still far from its aspirations. It has maintained a steady trajectory of growth in its IGR: N44.96bn in 2019, N50.77bn in 2020, N52.85bn in 2021 and N58.09 in 2022.

“These remarkable strides owe much to the legal and institutional reforms undertaken since 2015 to strengthen the ability to collect revenues and to block leakages.

“The Tax Codification and Consolidation Law enacted by the El-Rufai government appoints the Kaduna State Internal Revenue Service (KADIRS) as the sole collector of government revenues, outlines all the taxes and levies payable in the state and prohibits the cash collection of revenue by any public officer.

“The reforms that have driven these successes in IGR have no doubt created a viable platform for the incoming government to build on for further progress in expanding state government revenues,” the KADIRS chairman stated.

The Star

Segun Ojo

Recent Posts

Osun police declare 2 wanted over ritual killing of FRSC officer, daughter

The Osun State Police Command has declared two persons wanted over the alleged ritual killing…

29 minutes ago

Viral photo of police recruit with iPhone 12 Pro triggers reactions

A photograph showing a police recruit holding an iPhone 12 Pro during a recruitment screening…

55 minutes ago

Education key to national development — Obasanjo

Former President Olusegun Obasanjo has emphasised that any nation that fails to prioritise education risks…

1 hour ago

Troops arrest suspected ISWAP informant in Yobe

Troops of the 159 Battalion, working with members of the Civilian Joint Task Force (CJTF),…

1 hour ago

CBN Centres of Excellence abandoned in UNILAG, other universities

Several Centres of Excellence established by the Central Bank of Nigeria (CBN) in universities across…

2 hours ago

‘100% fake news’: Trump slams CNN over Iran war

United States President Donald Trump has lashed out at CNN over its coverage of the…

4 hours ago

This website uses cookies.