Business
Kaduna Lost N18bn Revenue In 2013 – Commissioner
The Kaduna State Commissioner for Finance, Alhaji Samaila Aliyu yesterday said the state government had lost N18 billion out of the N29 billion revenue it projected in 2013.
Aliyu said this in an interview with newsmen in Kaduna. He said only N11 billion was realised as internally generated revenue by ministries, departments and agencies (MDAs) during the period.
He said the loss had impacted adversely on the execution of capital projects in the state.
“The 2013 budget projections were too ambitious and unrealistic as the state only has two major revenue generating MDAs.
“Though we have 70 revenue generating MDAs but the Board of Internal Revenue and the state Ministry of Lands are the two major revenue sources in the state,” the commissioner said.
Aliyu said his ministry had set out modalities to boost the 2014 revenue by various MDAs and avoid problems encountered last year.
He said the government would reinforce the revenue machinery of the MDAs through direct assessment and other strategies.
“We will also work with the legislators to ensure that relevant laws were initiated to replace obsolete ones in order to enhance revenue generation.
“We would also enhance revenue collections at various levels to enable us implement the budget as planned,” the commissioner said.
He assured residents that the state government was committed to the development of infrastructure this year.