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.

Ashiru     CCB     UTME     Raliat Elelu-Habeeb     Gbenga Olawepo     Maryam A. Garuba     Gobirawa     Muyideen Ajani Bello     Voices Of Tomorrow     Quranic Recitation Competition     Quran     Economic And Financial Crimes Commission     Jebba     Olabode George Towoju     Adama Isa     11th Galadima     ASKOMP     Kwara     Deji Ajani     Makama Of Kaiama     Hauwa Nuru     Sadiq Umar     Haliru Yahaya     Olatunji Ayeni     Michael Nzwekwe     Okanlawon Taiwo     Tope Daramola     Yakubu Dogara     Isiaka Abdulrazak     Olushola Saraki     Abioye Bello     Saliu Shola Taofeek     Towobola Abdulrahman Toyin     Rashidi Yekini     Raji AbdulRasaq     Tunde Kazeem     Kola Adesina     Kola Olota     AbdulRauf Keji     Dasuki Belgore     NURTW     Rebecca Olanrewaju     Lanre Jimoh     Moremi High School     Kale Bayero     Roheemat Hammed     Saka Asiat Ayinke     Abdulazeez Arowona     Garment Factory     Abdulrosheed Okiki     Noah Yusuf     Kishira     Musa Aibinu     PPS     Ajidagba     Otoge     Women For Change And Development Initiative     Abdulmalik Bashir Mopelola Risikatullahi     Bashiru Makama     Ilesha Gwanara Road     Bankole Omishore     Alfa Belgore     Ayodele Kuburat Olaosebikan     Ayobami Seriki     Oke Sunna     Galadiman Ngeri     Yakub Lai Gobir     Akeem Olatunji     Musa Alhassan Buge     Tanke     Mohammed Yahaya Barki     Babs Iwarere     Jimoh Olusola Imam     JSSCE     Baboko     Alaiye     Adijat Adebiyi    

Cloud Tag: What's trending

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

Sun Qing Rong     Oniye     Saka Onimago     Zubair Folorunsho Erubu     Onilorin Of Ilorin     Bankole Omisore     Idi-Ape     Dan Iya     Atunwa     Abdulganiy Abimbola Abdussalam     Gafaru Olayiwola Olorisade     Baba Isale     Bahago     Wasiu Onidugbe     Shuaibu Yaman     Yahya Mohammed     Senior Staff Union Of Colleges Of Education     Kulende-UITH     Magaji Erubu     Www.Kwarareports.com     Bola Shagaya     SDP     Erubu Oba Zubair     Razak Atunwa     Abubakar Ndakene     Sulyman Atolagbe Alege     Amasa     Wahab Kunle Shittu     Musa Alhassan Buge     Sayomi     Yusuf Ali     Habeeb Saidu     Bola Sagaya     Javed Khan     CELF     Wasiu Odewale     Abiodun Abdulkareem     Oluranti Idowu     Jaiz Bank     Ibrahim Sulu Gambari     Wahab Olasupo Egbewole     Nurudeen Muhammed     Isiaka Saka Opobiyi     Kwara State University Of Education     Omotoso Musa     Buhari     Suleman Abubakar     Zara Umar     Agor Market     Tafida     Frootify     Odolaye Aremu     Babajide Ajayi     Femi Oladiji     Rotimi Samuel Olujide     Yakubu Gobir     Jumoke Gafar     Sulyman Buhari     Olaiya Zuberu     Abdulazeez Uthman     Emmanuel Olatunji Adesoye     Bamidele Adegoke     Pategi     Umaru Saro     Abdulrazaq Solihudeen     Isau     Okoolowo     Jamiu Oyawoye     Issa Memunat Moyosore     Abdulrazak Shehu Akorede     CCT     Ijagbo Health Centre     Oba Abu     Abubakar Lah     Kaosarah Adeyi     Tsado Manman     A.G.F Abdulrasaq