Business
Katsina Collects N700m IGR Monthly – Commissioner
The Katsina State
Government said that its monthly Internally Generated Revenue (IGR) had increased from N130 million to N700 million.
The Commissioner for Finance, Alhaji Muhammad Jari, told newsmen on Tuesday in Katsina.
Jari said that the feat was achieved because of the special attention the administration accorded revenue generation in order to reduce overdependence on the Federation Account.
He said that Katsina was among the first states to introduce Tax Identification Number (TIN) in 2013 in order to enhance the revenue base of the state.
According to him, with the introduction of the system, all the revenue collected from corporate organisations and individuals go directly into the state account.
Jari urged the people of the state to continue to pay their tax as and when due to enable the government provide more dividends of democracy.
He said that the government had approved five per cent of the total revenue generated in the state for the Board of Internal Revenue to boost the morale of tax collectors toward effective service delivery.
The commissioner also said that the state generated N8.1 billion IGR in 2013 and expressed optimism that the figure would reach one billion naira in the near future.
He said that government had opened additional revenue offices in Baure, Charanchi, Dandume, Faskari, Ingawa and Kaita local government areas to enhance revenue collection.