Thursday, February 22, 2024

Kaduna revenue service moves to rake in N60bn in taxes

Kaduna will witness increased revenue drive next year.

• November 28, 2020
Nasir el-rufai (Photo Credit: Twitter)

The Kaduna State Internal Revenue Service (KADIRS) says it has devised strategies to generate N60 billion Internally Generated Revenue (IGR) target set by Governor Nasir El-Rufai for 2021.

The Executive Chairman of KADIRS, Zaid Abubakar discloses this in an interview with NAN on Saturday, after a two-day meeting in Zaria to develop the strategies.

Mr. Abubakar told NAN that Gov. Nasir El-Rufai has directed KADIRS to ensure that the IGR for 2021 was higher than the allocation to the state from the Federation Account.

He said that the state government had pegged an IGR target of N51 billion in 2021, adding that the KADIRS management ambitiously increased the target to N60 billion.

“This ambitious target will put all of us on our toes so that if we did not meet the N60 billion target, we will at least generate N55 billion, higher than the N51 billion of state’s target for the years.

“Our goal is to see that the IGR contributes more than 60 to 70 percent of the state annual budget. This is a long-term plan but I believe if we are consistent with our approach, we will get there.

“This means that the public will begin to see a lot of field activities geared toward ensuring that all expected revenues are collected,” he said.

The KADIRS boss said that the agency would also carry out massive sensitisation and advocacies through available communication channels and community mobilisation for people to pay expected taxes as their civic responsibility.

He called on all taxpayers to voluntarily comply and pay all expected taxes when due through designated banks.

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