Kwara generates N6.6B as IGR in 2017 as government intensifies tax collection

Reading Time: 2 minutes

[Kwara]–The Kwara State Government  on Wednesday  said it generated N6.6 billion as Internal Generated Revenue (IGR) in the first quarter of 2017.

This revelation was according to The Kwara State Internal Revenue Service (KWIRS)announced by its Executive Chairman, Dr Muritala Awodun,  in Ilorin at the quarterly briefing of the agency.

Awodun explained that the figure was a significant improvement from the N3.4 billion generated in the first  quarter of 2016.

Breaking down the figure, the chairman stated that the service generated N2.1 billion in January; N1.7 billion in February and N2.7 billion in  March.

According to him, the increment in revenue generation was as a result of  the  intensified effort of the service as well as the cooperation received from  tax payers by officials of the state revenue service.

He explained that the service had not introduced a new tax policy, but only intensified tax collection as well  as ensured the blockage of  detected revenue leakages.

Speaking on the takeover of revenue collection from local governments, Awodun said that N100 million was generated for the councils for the three months under review.

“This is the amount all the council would generate in a year before we took over last April.

“We generated  N240 million for them last year and from the look of things, we should be able to generate more than that by the close of December this year.

“This is with  the exception of 10 per cent that the state government remits to them every month. The state government has not failed in this regard,” he said.

The chairman also  disclosed that work was in the pipeline to automate the collection of revenue in the state to reduce leakages.

Awodun further said that the state hosted the 137th meeting of the Joint Tax Board (JTB) in the first quarter  where stakeholders applauded the reform in tax process in the state.




Copyright 2017 The Page. Permission to use quotations from this article is granted subject to appropriate credit being given to www.thepageng.com as the source.

Comments

comments

Leave a Reply

Your email address will not be published. Required fields are marked *