Kwarans least tax payers in Nigeria – KWIRS...Individual pay N125, private sector N1,000 per month

Date: 2018-01-19

The Kwara State Internal Revenue Service (KWIRS) said its target is to reach the threshold of over N38 billion as revenue to be generated internally in 2018 even as it noted that Kwarans are the least taxpayers in the country.

The Executive Chairman of the service, Dr Murtala Awodun said this on Tuesday in Ilorin during a media parley organised at the instance of the state Ministry of Information at Savannah Hotel, Ilorin.

According to Awodun, the projected revenue this year is N38billion which has been included in the budget recently passed by the Kwara State House of Assembly and accented by Governor Abdulfatah Ahmed.

He said KWIRS since 2015 when it began operation has improved the revenue generated from N7. 2 to N17.4, and 19.94 billion in 2016 and 2017 respectively. Awodun attributed social pressure as one of the factors that impeded its effort in meeting its 2017 target of about N30 billion.

He said the service has resolved to adopt strategy of praising the stakeholders and would continue to reinforce and retain taxpayers to do more. Comparing tax payment in Kwara with other states, Awodun said Kwara is the lowest in terms of income paying tax in the country.

He said, despite the federal government law on tax which stipulated the least tax per person as N6,500, the service ensures that Kwarans pay what is convenient for them.

"The informal sector people pay N1,500 per annum as tax, which is N125 per month and there is nobody in that formal sector, the organised private sector, that is paying less than 12,000 per annum.

"Whoever is collecting minimum wage will pay nothing less than 12,000 per annum. So if the people in the informal sector are paying N125 monthly... we have taken into consideration that this thing (tax) is a bit strange and we have to introduce it in a subtle way.

"This is despite the fact that the federal government law on tax said the lowest paying person in any state throughout the federation should pay N6,500. Here in Kwara State, we ensure that it is what they say is convenient for them that they pay and that is what we continued with," he added.

He said since 2015, the IF-K has been used to complete many of the ongoing projects and new ones in the state.

Awodun noted that if government has not created a law to channel the taxes being generated into infrastructure, the money would have been liable to misappropriation.

He listed the Geri-Alimi underpass, Kulende/UITH dualisation and new campuses of KWASU among others as dividends of the tax services which the government would not ordinarily be able to do.

He said most of the project would be completed before the end of the year adding that there should be no abandoned project in this administration.

In his remarks, the Commissioner for Information, Alhaji Mahmud Babatunde Ajeigbe said the purpose of the gathering was to bridge the gap between service and media on one hand and general public on the other.

Present at the parley included the Managing Director/Editor-In-Chief of National Pilot, Alhaji Billy Adedamola, Permanent Secretary of the ministry, Dr (Mrs) Rhoda Funmilayo Ajiboye, General Manager of The Herald Newspapers, Alhaji Abdulrazaq Adebayo and his Radio Kwara counterparts, Alh. Abdullateef Adebowale.

Source

 

Cloud Tag: What's trending

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

Forgo Battery Company Limited     Sunday Otokiti     Alimi     Sulyman Age AbdulKareem     Galadima     Sadiq Buhari     Bayo Ajia     Ayo Adeyemi     Bayo Onimago     Rotimi Samuel Olujide     Nnazua     Hijab     Omu Aran     Eleyele     Oniyangi     Undergraduate Bursary     Okeose Christian Cementary     Alabi Olayemi Abdulrazak     Academic Staff Union Of Universities     Kwara Apc     Mufutau Olatinwo     General Hospital, Offa     Rafiu Ibrahim     Baboko Primary School     Elelu     Tsado Manman     Azeez Bello     KWSUED     Taofik Abiodun Ahmed     Femi Gbajabiamila     AGILE Programme     HAMFAT Clinic And Maternity     Joana Nnazua Kolo     Ganmo Power Sub-Station     Magaji Are     Yusuf AbdulRasheed     Local Government Pension Board     Afusat Nike Ibrahim     Iyiola Oyedepo     Dan-Kazeem     COVID     Kwara 2023     Alloy Chukwuemeka     Lawal Arinola Kudirat     Ibikunle Ogunleye     Ariyo     Sabi     Lanre Badmus     Kwara United     Abdulkadir Remi Hawawu     Samuel Adedoyin     Durbar     Tunde Mukaila Mustapha     Young Progressives Party     Ado Bayero     Kpotum Mohammed Baba     Dan Masanin     Yusuf Amuda Gobir     Illyasu Abdullahi     Kwara State Television     Ramadhan     Shehu Alimi Foundation For Peace And Development     Ibrahim Kayode Adeyemi     Abatemi Usman     Shonga Farm Project     Abdulhakeem Adelaja Amao     Adijat Adebiyi     Abdulraufu Mustapha     Segun Olawoyin     Boko Haram     Kwara State Football Association     Shuaibu Yaman Abdullahi     Ike Ekweremadu     Ajibola Ademola Julius     Sobi FM     Dagbalodo     Ahmed Dankaya    

Cloud Tag: What's trending

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

Vasolar Consortium     Salihu Yahaya     Iqra Books     Read With Me     Wahab Abayawo     Sarafadeen Kayode Akorede     Mahe Abdulkadir     QuickWin     Kwara State Branch Of The National Library     Yusuf Badmus     Emir Of Shonga     Jumoke Monsura Gafar     Majlis For Sadakah, Zakat And Waqf     Kwara Basketball Association     Wahab Olasupo Egbewole     Oni Adebayo     Danladi     Ibrahim Sulu Gambari     Lawan     Sa\'adu Gambari     Ilorin Innovation Hub     Ibrahim Agboola Gambari     Oju Ekun Sarumi     Turaki Of Ilorin     Tinubu Legacy Forum     Laolu Saraki     Gbadeyan Gbadura Yomi     Yemi Sanni     Rotimi Samuel Olujide     Ambassador Kayode Laro     Oniwa     Afolasade Opeyemi Kemi     Adaramaja     Abdulfatai Baakini     Vasolar-Kwara Company Ltd     IHS     BECE     Femi Ogunsola     Rueben Parejo     N-Power     Abiodun Musa Aibinu     Kamoru Kadiri     March 18     David Adesina     Roheemat Hammed     Kwara State Polytechnic     Abraysports FC     Federal Allocation     Shaykh Luqman Jimoh     NNPP     Saidu Isa     Bareke     Aisha Ahman Pategi     Musa Ayinla Yeketi     Shururat Olatinwo     Quarry Royal Valley     IF-K     Yusuf Olaolu Ali     Raji AbdulRasaq     Donatus Ejidike     Abdullahi Adisa Akodudu     Modibbo Kawu     Ahmed Alhasssan     Musa Alhassan Buge     Aliyu Kora-Sabi     Seun Bolaji     Sarah Jubril     Apado     Umar Sanda Yusuf     Doyin Awoyale     Ibrahim Labaika     Sanitation Exercise     Aishat Sulu-Gambari     Ajidagba     Olaiya Zuberu     Segun Olawoyin     Mutawalle