IGR
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Featured
Nasarawa generates N2.5bn IGR monthly – Official
Nasarawa State Internal Revenue Service (NSIRS) says it currently realises more than N2.5 billion monthly as internally generated revenue for the state. Mr Ahmed Yakubu-Muhammad, Executive Chairman of NSIRS, made the disclosure at the opening of a three-day training for some revenue officers on Tuesday in Lafia. He noted that the state government had earlier in the year set a…
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Featured
Katsina State posted N1.8bn IGR in July, says official
The Katsina State Government says its Internationally Generated Revenue (IGR) increased from N700 million to N1.856 billion in July. Alhaji Isyaku Mohammed, the Executive Chairman of the state’s Internal Revenue Service, made this known in an interview with the News Agency of Nigeria (NAN) in Katsina. According to him, the success was recorded through the introduction of central billing aimed…
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Featured
Makinde urges states to focus on productivity to boost IGR
Gov. Seyi Makinde of Oyo State has called on states to focus more on productive activities that can boost internally generated revenues. Makinde, mad the call while reacting to the Supreme Court judgment that granted financial autonomy to local governments. The governor, while receiving the National President of the Nigeria Union of Journalists (NUJ) Dr Chris Iziguzo, in his office…
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Featured
IGR: Enugu Govt warns imposters against fraudulent practices
The Enugu State Internal Revenue (ESIRS), has warned imposters against issuance of fake receipts to tax payers in the state saying that impersonation was a criminal offence. Mr Emmanuel Nnamani, the Executive Chairman, ESIRS, announced this in a statement on Thursday in Enugu. Nnamani said the printed notice for Capital Gains Tax dated July 2, requesting tax payers to pay…
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economy
Kogi IGR hits N23.5bn — official
The Kogi State Internal Revenue Service says the state’s Internally Generated Revenue (IGR) profile has risen from N6 billion in 2016 to N23.5 billion per annum. Alhaji Sule Enehe, the chairman of the service, announced this in a stakeholders interactive session held in Lokoja on Tuesday. Enehe explained that when he came on board as chairman in 2016, the revenue…
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economy
KTSG nets N4bn IGR in Q1 2024
Katsina State Government said it has collected N4.08 billion as Internally Generated Revenue (IGR) in the first quarter of 2024. Malam Ibrahim Kaula,Chief Press Secretary (CPS) to Gov. Dikko Radda announced this in a statement on Sunday in Katsina. According to him, the figure indicated a 227 per cent increase compared to the N1.79 billion generated during the same period…
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economy
Alake confident Nigeria ‘ll overcome economic hardship
The Minister of Solid Minerals Development, Dr. Dele Alake, has said that Nigeria will soon overcome its current economic hardship. Alake gave the assurance in a statement by his Special Assistant on Media, Segun Tomori, on Wednesday in Abuja. He said the hardship was because Nigeria was going through a gestation period of economic restructuring and reforms. He said that…
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economy
Ekiti set to introduce land use charge to increase IGR says Oyebanji
Ado-Ekiti, Dec. 20, 2023 (NAN) Gov. Biodun Oyebanji of Ekiti on Wednesday said that government would in January begin collection of land use charges to boost the state’s internally generated revenue. Oyebanji dropped the hint during 2023 service of nine Lessons and Carols held at the Obafemi Awolowo Civic and Convention Centre, Ado Ekiti . He said that the property…
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Finance
IGR: Lagos tops other states with N418.99bn in 2020
Lagos State topped other states of the federation, including the Federal Capital Territory (FCT), in Internally Generated Revenue (IGR) in 2020, realising a total of N418.99 billion in the year. This is indicated in the National Bureau of Statistics’ Published Internally Generated Revenue for State level for Fourth Quarter and Full Year 2020. It showed that in spite the challenges…
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Finance
2019 ASVI: Lagos still leads in IGR
Lagos State has continued to lead the rest of the 35 states and the Federal Capital Territory in the generation of internal revenue (IGR), raking in as much as 20 states combined. According to the Annual States Viability Index (ASVI) for 2019 released by the Economic Confidential, 7 states were insolvent, considering that their IGR for 2019 fell below 10 per…
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Nigeria
IGR: Lagos is most economically Vibrant State – NBS Report
Lagos makes enough from its internally-generated revenue, as much as 26 Nigeria states combined, making it Nigeria’s most economically vibrant state, a report has revealed. The report by the National Bureau of Statistics (NBS) listed the state as having grossed N398.7billion from its internally generated revenue (IGR) in 2019. The figure, according to the bureau, was an equivalent of the…
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