Connect with us

Business

Kogi KGIRS has up the ante in revenue base as alternative to federal allocations

Published

on

Spread the love

Kogi KGIRS has up the ante in revenue base as alternative to federal allocations

To diversify the States source of revenue away from Federal allocations to meet up with its obligations, the Kogi State Internal Revenue Service (KGIRS), has brought innovations and new tax items to increase the state’s internally generated revenue (IGR).

Amongst the new tax items activated by the agency include property tax, consumption tax, stamp duties, direct assessment tax from artisans, motorcyclists etc and infrastructural tax, amongst others.
The Executive Chairman of the Service, Alhaji Yakubu Oseni who spoke at the one year anniversary of Governor Yahaya Bello said that the agency has engaged the services of professionals and has fully computerized its tax payment system to block all forms of revenue leakages.
He added that all taxes must be paid into the state revenue accounts to curb fraud mostly associated with “hand to hand payment”.
He said that due to blockages of revenue leakages, aggressive revenue drive and creation of enabling environment, the state’s IGR which hitherto hovers between N250 and N300 million monthly, has increase to about N700 million within the space of seven to eight months.
Oseni indicated that the agency hit over N1 billion in December 2016.
The chairman who attributed the success to the commitment of the state governor Alhaji Yahaya Bello for creating an enabling environment for KGIRS.
He promised that the monthly target of 9 billion naira given to the agency by the state government would be realized
According to him, “I don’t think that realizing the target of 9 billion naira monthly will be a problem. We have the human resources and enabling environment to achieve the target.
“We only achieved the over 1 billion naira in the month of December by a mere blockage of few leakages and little effort. What we have in stock, by the time we start unveiling them and the revenue harmonization bill in the state house of assembly is passed and assented to, we will definitely achieve a lot of successes for the the state.

He lauded the governor for granting autonomy to KGIRS, noting that the five storey edifies meant for revenue house which was inaugurated to mark the administration’s one year will go along way in solving the challenges of office accommodation and improve the productivities of staff.
He expressed optimism that revenues generated will be utilised judiciously to uplift the living standard of the people, calling on corporate organizations in the state to be prompt in remitting their taxes to the government.

Continue Reading
Click to comment

Leave a Reply

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

Business

Sahad Stores moves to invest in Bauchi, as Gov Muhammed welcomes initiative

Published

on

By

Spread the love

Sahad Stores moves to invest in Bauchi, as Gov Muhammed welcomes initiative

By Princess Rose Yusuf, Bauchi

The chief Executive Officer of Sahad Stores Alhaji Ibrahim Mijinyawa has promise to make Bauchi State a business destination with his plan to establish a department store in the State.
Mijinyawa spok when he was received in audience by the executive Governor of Bauchi State Alhaji Bala Muhammed.

The business mogul indicated that he is in Bauchi to bring business opportunities to the people of the State through construction of Sahad super market.

He said with his good relationship with Governor Bala, his company will support him to succeed in the sector of business development.

Receiving the business mogul at Council Chamber, Government House Bauchi. Governor Muhammed expressed gratitude to him for planning to construct a modern market in Bauchi.

Governor Bala with the development, promised to allocate a land for the immediate commencement of the construction exercise of the super market.

He said the super market when established in the state, will go along way in improving business and trade activities in the state for economic development.

Governor Muhammed thanked the CEO of the super market for his support to Nigerians through providing affordable goods and services.

Continue Reading

Business

Gov Sule seeks support from FG to boost agric sector

Published

on

By

Spread the love

Gov Sule seeks support from FG to boost agric sector

From Daniel Abel, Lafia

Nasarawa State Governor, Abdullahi Sule, has sought further collaboration and support from the Federal Ministry of Agriculture and Rural Development to boost agricultural activities and rural roads development.

Sule made the call when he paid a thank-you visit to the Minister of Agriculture and Rural Development, Alhaji Muhammad Sabo Nanono, in Abuja, yesterday.

The Governor pointed out that Nasarawa State being an agricultural state, requires the support of the ministry to attain its potential of adding value to the agricultural sector of the country’s economy.

In his appeal, Sule called on the ministry to include Nasarawa State in the Rural Agricultural and Marketing project (RAAM), given its proximity to the Federal Capital Territory and the high number of agricultural activities the minister has indicated interest during his two-day working visit to the state.

The Governor equally solicited the support of the ministry in the area of critical infrastructure like rural roads and water supply.

He specifically reminded the minister of his earlier promise to consider the Doma/Rukubi, Azara/Gindin Asha, as well as the rehabilitation of the Awe/Tunga rural road.

Sule also identified the Lafia/Kilema/Rice Mill internal road, the borehole facilities at the rice mill and cassava processing plant.

“You have seen that Nasarawa State is truly an agricultural state and if properly giving the support, Nasarawa will add value to the agricultural sector of Nigeria,” the Governor said.

He showed appreciation to the minister for taking time out of his tight schedule to pay a two-day working visit to the state, during which he made some promises, with the Governor returning the visit as a follow-up.

Responding, the Minister of Agriculture and Rural Development, Alhaji Muhammad Sabo Nanono, said Nasarawa State is key to agricultural development in the country and that with its enormous potentials, the state holds a future for a strong agricultural relationship in the industrial sector.

Alhaji Nanono gave the Dangote Sugar plantation as a testimony of the great potential Nasarawa State holds in especially large scale allied industries.

According to the minister, when fully operational, the Dangote Sugar refinery has capacity to employ 30, 000 people.

“I see that Nasarawa State will be lifted from a rural to a major industrial state. The business acumen that you put into your governance will attract people to the state to invest,” the Minister said.

Alhaji Nanono assured that his ministry will give Nasarawa State support in some rural roads, as well as influence major agricultural undertakings to the state.

Continue Reading

Business

Nationaldaddi Committed To Helping Nigerians Get Affordable Lands, Houses

Published

on

By

Spread the love

Nationaldaddi Committed To Helping Nigerians Get Affordable Lands, Houses

**Floats Estate

A Nigerian young businesses mogul, Ike Bishop Okoronkwo has said that he is committed to helping Nigerians to get lands and houses of their own.

Okoronkwo, who is popularly known as NationalDaddi, has floated his own estate to achieve this commitment.

The estate known as Bishop Court Estate is situated in the city of Abuja and Lagos.

Addressing newsmen in Abuja, Okoronkwo said, “I am committed to helping many Nigerians to get lands and houses of their own.”

He also restated his commitment to help other young Nigerians to grow in entrepreneurship and creativity, adding that his aim of going into different businesses, is to help build Nigeria and its people.

According to his profile, “Nationaldaddi as his popularly known on social media is a man of different parts. He was one of the young Nigerians who won President Jonathan youwin program in 2012 and since then have ventured into so many businesses including IT, entertainment, hospitality, content creation, degital trading and recently real estate.

Continue Reading

Trending