Kwara collects N8.8bn IGR in six months

Date: 2016-07-09

The Kwara State Government has collected about N8.8bn as Internally Generated Revenue between January and June.

Executive Chairman, Kwara State Internal Revenue Service, Dr. Muritala Awodun, said in Ilorin on Friday that the N8.8bn surpassed the total IGR the state government generated in 2015.

According to him, the latest development marked a remarkable improvement in IGR collection from the former average monthly of N650m before the agency was set up.

Giving details of the revenue collections, Awodun said KWIRS generated N977m in January; N1.05bn in February; N1.25bn in March; N2.07bn in April; N1.45bn in May and N1.3bn few days before the end of June.

He stated that the agency did not introduce additional revenues but only deployed competent and dedicated staff, modern technology and improved collection process.

Awodun, however, said some defaulting firms and institutions, including financial bodies, had been negotiating and reconciling their financial positions with the state government, adding that they had increased their remittances and payment.

The KWIRS boss said with the drop from N3bn monthly revenue to the state government from the Federation Account, to even less than N1bn, the improved IGR was being used to augment government revenues to a certain level.

He said, "As part of the quest to eliminate multiple taxations, the Kwara State Revenue Administration Law No. 6 of 22 June 2015 has provided for the harmonisation of collections between the state and local governments.

"There is a Joint Revenue Committee, which is made up of chairmen of all the 16 local government and the Executive Chairman, KWIRS as the Chairman of the committee.

"The KWIRS serves as consultant to collect some local government revenues on their behalf. The harmonisation has begun with KWIRS collecting only four out of all 21 legal collections collectible by local governments. Monthly collections are then remitted to each local government area as appropriate."

Source

 

Cloud Tag: What's trending

Click on a word/phrase to read more about it.

Roseline Oni Aremu     Olugbense     Danladi     Umar Ayinla Saro     Hassan Oyeleke     PAACO-PCL Consortium     Marafan Shonga     Durbar     Kale Ayo     Col. Ibrahim Taiwo     Ayodele Shittu     Ibraheem Adeola Katibi     Sola Saraki Educational Foundation     Zubair Folorunsho Erubu     Muhammad Mustapha Suleiman     Abubakar Usman Jos     Sabitiyu Grillo     Idiagbon     Ibrahim Oloriegbe     Ahmad Fatima Bisola     JUSUN     Coalition Of Kwara North Groups     Galadiman Ngeri     Sodiya     Iyabo Dupe Adekeye     EndSARS     Plat Technologies     Garuba Alikinla Shittu     IEDPU     Olanrewju Okanlawon Musa     Bisi Kristien     Tanke     John Kehinde Salako     Bashir Omolaja Bolarinwa     Oba Abdulraheem     Ifelodun     Ibrahim Sulu Gambari     IDPU     Salihu Alhaji Musa     Elekoyangan     Funmilayo Oniwa     Tope Daramola     Labaeka     Abdulhakeem Adelaja Amao     Halidu Danbaba     Olayinka Are     Kwara Pdp     Zainab Abass     Toyin Abdullahi     Split Diamond Interchange     Sidikat Alaya     Yahaya Jibril Usman     Haliru Dantoro     Maimunat Oloriegbe     James Ayeni     Smart School     Iyiola Oyedepo     Ojo Isekuse     Samuel Adedoyin     V.O. Abioye     Yakubu Mohammed Abdullahi     Haleeman Salman     Bilikis Oladimeji     Esuwoye     Oyedun Juliana Funke     IYA ALFA NLA     Razak Atunwa     LABTOP     Victor Gbenga Yusuf     Tunde Idiagbon Road     Kwara State Football Association     Folorunsho Alao     Jalala     Umar Sanda Yusuf     Kola Shittu     National Broadcasting Commission     Omupo    

Cloud Tag: What's trending

Click on a word/phrase to read more about it.

Adamu Ibrahim Sabi     AbdulHakeem Ajibola Akanbi     Mike Omotosho     Muhammad Sirajo Aliyu     Toyin Sanusi     Vasolar Consortium     Offa Descendants Union     Yashikira     Abatemi Usman     Emmanuel Bello     Kwara Central     Gbemi Saraki     Opaleke Bukola Iyabo     Yekeen Alabi     Prince Sunday Fagbemi     Ilota     Rafiu Ibrahim     Mohammed Abduraheem     Belgore     KWASEIC     Dapo Teni Nig Enterprise     Markaz Arabic And Islamic Training Institute, Agege     Kuliyan Geri     Toyin Olayinka Tejidini     Joseph Daudu     Abiodun Musa Aibinu     Saidu Isa     Ajase-Ipo     Aliyu Umar     Ibrahim Issa Jetti     Police Commissioner     Idowu Laro     Aliyu Kora-Sabi     NaAllah     Laduba     Woro     Dunmade     The Herald     Segun Ogunsola     Gambari     Moses Salami     Ilorin     Saheed Popoola     Akom Construction And Engineering Synergy Ltd     Imam Gambari     Sobi Hill     Charcoal     Raimi Iyanda     Elerin Of Erin-Ile     Saraki     Mohammed Alabi Lawal     Balogun Ajikobi     Ben Duntoye     Siraj Oyewale     Baba-Isale     Law School Scholarship     Olaiya Victor Mobolaji     CELF     Sam Okaula     Erubu     Earlyon Technologies     Share     Share/Tsaragi     Sheriff Shagaya     Innocent Okoye     ASKOMP     Muhammed Abdullahi     Gwanara     Otunba Taiwo Joseph     Abdul Jimoh Mohammed     Lotus Bank     Savannah Centre For Diplomacy, Democracy And Development     Paul Odama     National Pilot     Park     David Oyedepo     Abubakar B.M