KADUNA GOVERNMENT GENERATE N14.2 BILLION IGR

KADUNA GOVERNMENT GENERATE N14.2 BILLION IGR

           The kaduna State Internal Revenue Service (KDIRS) said it has generate N14.2 billion as Internally Generatd Revenue (IGR) betwen January and end of May. 

           KDIRS Executive Chairman,Mukhtar Ahmed, made this known in an interview with News Agency of Nigeria (NAN) in Kaduna on Friday.

Ahmed said that the state has increased its IGR from an averge of N8000 milion a month i 2015 to between N 2.7 billion and N3.0 billion monthly in 2018.

          According to him, the N14.2 billion generated in five months is for the above N11.5 billion generated in the whole of 2015 and more than half of the N23 billion generated in 2016.

         ''Our target is to generate N4.0 billion a month and with the ongoing reform in tax administration and revenue collection in the state, i am very confident that we shall get there. 

     ''Already we are around N3.0 billion and the ngoing integration of all 63 revenue generating agencies in the state via an electronc platform will take us there and beyond''.

He said that the revenue profile of the state has been on consistent increase since th reform in revenue collection, beginning with the tax law that established KDIRS in 2016 as the sole revenue colllector in the state.

''The laws among other things harmonised and abolished cash collection as well as automated all revenue collection in the state'', Ahmed said.

The Chairman expressed confidence that the state woukd achieve the N42 billionset IGR target by December, following the impressive performance in the first five months.  (NAN). 

 

 


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Relevant Information
Tax Rate
  • 7% First N 300,000
  • 11% Next N 300,000
  • 15% Next N 500,000
  • 21% Next N 500,000
  • 21% Next N 1,600,000
  • 24% Above N 3,200,000
Tax Payment Mode
  • Option 1 InterSwitch PayDirect
  • Option 2 Quick Teller

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