KWSG Earmarks N12b for New Infrastructure Under IFK
The state governor, Dr Abdulfatah Ahmed who disclosed this yesterday in Ilorin at the opening ceremony of the 137th Joint Tax Board (JTB) meeting hosted by Kwara State Internal Revenue Service (KWIRS), said that "our reinvigoration efforts have moved our paltry monthly average revenue of N600million in 2015 to about N1.5billion in 2016."
According to the governor, "this positive result has encouraged us to go ahead with our plan to plough the increased revenue back into the development of infrastructure for the state through the introduction of IFK."
The Governor said IFK has funded ongoing infrastructure in the state to the tune of about N4.7billion out of an approved N13billion saying that another N12billion is slated for funding new infrastructure such as the Diamond underpass in Ilorin, new campuses for KWASU, at Osi, Ilesha-Baruba and Ilorin Solar-powered street lights, dualisation of major roads in the state and a new indoor sports hall for Ilorin Township stadium.
"Let me emphasize that there is no other way we have been able to pool this N25billion for infrastructure under the current economic clime without the reform of our revenue collection and management structure under KWIRS. As a state, we have come a long way politically and economically and specifically in terms of our revenue profile", he said.
Earlier, the National Chairman of Joint Tax Board (JTB) Mr Babatunde Fowler said the board have adopted the blueprint of the Kwara State Government for other states of the federation to follow saying "without taxation, Nigeria cannot move forward." Mr Fowler called on state governments to emulate the Kwara model by granting autonomous to tax agencies for maximum results promising that such gesture will not be abused by the agencies.
Also speaking, chairman, Kwara State Internal Revenue Service, Dr Muritala Awodun thanked the state governor for his support to the service since inception and, especially, the opportunity to host the Joint Tax Board.
Cloud Tag: What's trending
Click on a word/phrase to read more about it.
Abdulfatah Ahmed Femi Agbaje Oye Tinuoye ER-KANG Mining Nigeria Company Limited Abdulsalam A. Yusuf Joseph Offorjama CACOVID Palliatives Raliat Elelu-Habeeb Cornelius Adebayo Madawaki Ndama Al-hassan KWAFFA Ahmad Lawan Aremu Bose Deborah Abubakar Baba Abubakar B.M Kwara State Printing And Publishing Corporation Sobi Taofik Abiodun Ahmed Ibrahim Taiwo Ahmed Ayinla Jimoh Forgo Battery Segun Olawoyin Yusuf Mubarak Oba Abdulrahim Atiku Mufutau Gbadamosi Esuwoye Salihu Ajia Farouk Salim David Oyepinola Adedumoye Abiodun Musa Aibinu Royal FM Shehu Adaramaja Kwara Poly Kolawole Bashirat Aliyu U. Tilde Tosin Saraki Muslim Stakeholders Of Kwara State Rapheal Ashaolu Azeez Salawu Alfa Modibbo Belgore Societe Generale Bank Of Nigeria Magaji Erubu AbdulRahman Saad Kwara State Infrastructure Development Fund Rex Olawoye Abdulrahman Abdulrazak ER-KANG Mining Haruna Olawale Sulaiman Bello John Olanrewaju Abdullateef Abdussalam Oro Grammar School Old Students Association Tunji Oyawoye SARS Sa\'adu Salau NaAllah Sambo Murtala Ahmed Idris Mohammed Bilikis Oladimeji Sulyman Tejidini Arinola Lawal Mahmud Babatunde Baker Muhammed Taofeeq Abdulrazaq Sabo-Oke Owo Isowo Agbarere George Innih Yoruba Olusegun Adeniyi Rabiu Kwankwaso Mohammed Yahaya Barki Kaiama Ebola AbdulHamid Adi Taofeeq Olateju Yusuf Abdulraheem Olomu