Tuesday, October 4, 2022
Array

El-Rufai generates N30bn IGR for Kaduna

Must read

Rayyan Alhassan
Rayyan Alhassanhttps://dailynigerian.com/author/rayyan/
Rayyan Alhassan is a graduate of Journalism and Mass Communication at Sikkim Manipal University, Ghana. He is the acting Managing Editor at the Daily Nigerian newspaper, a position he has held for the past 3 years. He can be reached via [email protected], or www.facebook.com/RayyanAlhassan, or @Rayyan88 on Twitter.
- Advertisement -

The Kaduna State Internal Revenue Service, KDIRS, said on Friday, that the state government collected about N30 billion as Internally Generated Revenue, IGR, from January to December, 2018.

The Executive Chairman of the agency, Mukhtar Ahmed, gave the figure while inaugurating InterSwitch State office in Kaduna.

Ahmed said the figure represented over 145 per cent increase within the last three years, that is between 2015 and 2018 fiscal years.

READ ALSO: Nigerian govt to assist erosion, flood-prone communities

“The deliberate government policies and legislative backing by the State House of Assembly helped the growth of the IGR from N11.8bn in 2015 to N26.53 billion in 2017, showing more than 145 per cent increase within three years.“

READ ALSO:   NAF in special operation, neutralises many bandits in Kaduna

The News Agency of Nigeria reports that the State Government had targeted N42 billion for 2018, but was able to generate only about N30 billion at the end of the year.

Ahmed attributed the growth in revenue generation to the collaboration between the agency and InterSwitch Networks that provided the state with solution and technology for revenue tracking.

The policy made all payments compulsory on the InterSwitch “Pay Direct Platform“ adopted by the State Government in addition to the Treasury Single Account, TSA, system.

Chinyere Don-Okhuofo, Divisional Chief Executive Officer, Interswitch Networks said the organisation was ready to provide more services and innovations to the state government to enhance its revenue generation.

READ ALSO:   Kaduna targets N150bn revenue in 2 years – Commissioner

Don-Okhuofo said Interswitch was already engaged in a pilot programme to automate two of the 33 hospitals in the state to enable it to make a direct payment into the State Government accounts.

She also pledged the company’s readiness to provide a new service to enhance the transport system of the state in addition to other new innovations.

According to her, Interswitch decided to open its office in Kaduna State to bring such services closer to the government to fast-track revenue growth as well as to ensure effective service delivery.

She said the effort would equally boost the financial inclusion of the people of the state to reduce poverty.

READ ALSO:   BREAKING: Iyan Zazzau drags El-Rufai to court over appointment of Ahmed Bamalli as emir

She commended the Kaduna government for being visionary and fast in executing revenue policies, adding that the state is among the 33 states of the federation collaborating Interswitch Networks.

NAN

- Advertisement -

More articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here

- Advertisement -

Latest article

- Advertisement -
cosgrove

- Website Designed By DEBORIAN.COM, a Nigerian Web Designer and Web Developer -