Grant autonomy to states' revenue boards, Fowler urges governors

Date: 2017-03-14

The Chairman of the Joint Tax Board, Mr. Babatunde Fowler, has urged state governors to grant autonomy to their revenue boards to enable them perform optimally.

Fowler, who is also the Executive Chairman, Federal Inland Revenue Service, stated this at the opening ceremony of the 137th Meeting of the JTB held in Ilorin, Kwara State.

A statement from the FIRS on Monday quoted him to have commended the Governor of Kwara State, AbdulFatah Ahmed for improving the tax revenue of the state.

The state's annual internally generated revenue grew from N7.1bn in 2015 to N17.2bn in 2016

He said, "The good work that you are doing is evident in the performance of the Kwara State Internal Revenue Service. It is good enough for others to follow. We commend the work that KWIRS is doing and agreed amongst ourselves to adopt is as a model.

"Like I often tell my colleagues, we members of JTB must not disappoint Nigerians. I like you to call on other governors, your colleagues in other states who have not taken the bold step to please do and give autonomy to State Internal Revenue Services. Please help us to convey this to them as an ambassador and tell other governors."

While calling on the members of the JTB to intensify efforts towards meeting their revenue targets, he called on the various state governments to enhance funding of tax authorities so as to achieve the desired objectives.

"You may have a vision. But if you don't have the revenue to drive that vision, it is mere dream, he added.

The governor, according to the statement said the state has floated the Kwara State Infrastructure Bond into which a percentage of the state's IGR will be paid.

He added that the objective of the said the state is to ensure that contractors are no longer owed, adding that with this development, banks would no longer panic when they give loans to contractors.

Source

 


Cloud Tag: What's trending

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

Smart School     Sabi     Edu     NFAI     Yinka Aluko     College Of Arabic And Islamic Legal Studies     Bankole Omishore     Sobi Hill     VADA     Kolawole Bashirat     Buhari     Ilorin.Info     Yoruba     AIT Ilorin     Muslim Stakeholders Of Kwara State     KWASIEC     AbdulKareem Yusuf Danhawa     JSSCE     Aasiyat Bello Oyedepo     Funmilayo Oniwa     HICA     Olayinka Oladapo Jogunola     M.Y. Abdulrahaman     Yomi Ogunsola     Yusuf Babatunde Abdulwahab     AbdulFatai Adeniyi Dan-Kazeem     Najim Yaasin     Kamaldeen Gambari     Kunle Suleiman     Moro     Saheed Alakoso     Jaigbade Alao     PharmAccess Foundation     Ojo Fadumila     Oloye     Tunji Oyawoye     Igbaja     Abubakar Abdullahi Bata     Christopher Odetunde     Bayer Nigeria Limited     KWIRS     Olukotun Of Ikotun     Saadu Gbogbo Iwe     Tayo Awodiji     Ndakene     Otuka     KWSIEC     Muhammed Abdullahi     Abdulwahab Olarewaju Issa     Taofik Abiodun Ahmed     Ibrahim Labaika     Hijaab     Moses Salami     Oye Tinuoye     UTME     Federal Neuro-Psychiatric Hospital     Jumoke Gafar     Saba Mamman Daniel     Mustapha AbdulGaniyu     Mahee Abdulkadir     New Model Police Station     Owo Arugbo     Sarah Jubril     Sunday Otokiti     Suleiman Rotimi Iliasu     Toyin Sanusi     Oniyangi Kunle Sulaiman     Abdulrazaq Akorede     Umar Adelodun     Egbejila     Azeez Salawu     Kayode Oyin-Zubair     Dan Iya Of Ilorin     Abdulrazaq Aiyelabegan     Ishola Moses Abiodun     Ilorin Like-Minds     Oba Abu    

Cloud Tag: What's trending

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

Roseline Oni Aremu     IYA ALFA NLA     Oju Ekun Sarumi     Share-Tsaragi     Assayomo     Mashood Dauda     Akorede     Yahaya Seriki Gambari     Saudat Abdulbaqi     Nurudeen Muhammed     Kale Belgore     Musa Yeketi     Earlyon Technologies     Shaaba Lafiagi     KWSUED     KWASIEC     Hydroelectric Power Producing Areas Development Commission     Ilorin Amusement Park     Baba-Isale     Kaosarah Adeyi     KWASSIP     Shonga Farm Project     Issa Memunat Moyosore     Muhammadu Gobir     IFK     Omupo     Tafidan Kaiama     Dapo Teni Nig Enterprise     Ilorin Airport     Balogun Ajikobi     Adaramaja     GRA     REO CAKES     Yahaya Abdulkareem Babaita     Kwara State Branch Of The National Library     Muritala Olarewaju     Makama Of Kaiama     Trade Lenda SME Fair     Quareeb Islamic Association     FOMWAN     Oke-Ode     Oni Adebayo     March 18     Clement Yomi Adeboye     Iqra Books     Third Estate     Sarakite     Muritala Awodun     Valsolar     Sango-UITH Road     Shao     Kehinde Boyede     Chief Imam Of Offa     UITH     Iyabo Adewuyi     Government House     Abiodun Musa Aibinu     Sheikh Alimi     Adijat Adebiyi     Otoge     Bareke     Tunde Kazeem     Apaola     ASKOMP     Allocation     Edu     International Vocational Centre     Agbarere     Saka Asiat Ayinke     Eleja     Ijakadi     Nagode     Oluranti Idowu     Obuh     Baruten     Shaykh Luqman Jimoh     Mujtabah Bature