Dr. Zacch Adedeji, wey be Chairman of Federal Inland Revenue Service (FIRS), don urge state govments to make dem ready for de tax reforms wey dey come soon. Adedeji emphasize de importance of strong Internal Generated Revenue (IGR) system for de 155th Meeting of Joint Tax Board (JTB) in Suleja, Niger State.
Him tell state govments say dem need to make sure dem collect revenue well well "for socioeconomic and human development." Adedeji say, "At dis critical point in time, we need to make our IGR capacity strong so dat revenue administration processes, especially for state govments, go be as efficient as possible to collect IGR for socioeconomic and human development."
Adedeji acknowledge de ongoing tax reform efforts led by Presidential Fiscal Policy and Tax Reforms Committee, say "we must begin to look ahead to how dese reforms go impact revenue authorities across all govment levels." Him express confidence say diligent implementation of innovative approaches fit lead to monthly IGR target of N5 billion for Niger state.
Governor Mohammed Umar Bago of Niger State, wey represent by Mustapha Ndajiwo, Commissioner for Budget and National Planning, present a case study of how Niger State improve IGR. Ndajiwo reveal say Niger State IGR rise, with average monthly collection of N2,621,710,688.94 between January and May 2024, compared to N1,806,280,088.25 for de same period last year. May 2024 alone see collection of N3,508,389,805.20, representing 45 per cent increase.
Ndajiwo attribute dis growth to three key strategies: Niger State implement strategic reforms and innovative approaches to tax collection, prioritize transparency, efficiency, and taxpayer education, and actively collaborate with Joint Tax Board.
Source: Prime 9ja Online Pidgin: FIRS Chairman Tell State Govments to Abeg Prepare for Tax Reform