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.

Fatai Garuba Labaka     Jaiz Bank     Binta Abubakar Mora     Just Event Online     Bisi Oyeleke     Saliu Oluwole     Wahab Olasupo Egbewole     Abdulazeez Arowona     ENetSuD     Aliyu Olatunji Ajanaku     Ogbondoroko     Shuaib Jawondo     Guber Aspirant     Ita-Ore     IDPU     Young Progressives Party     Kwara University Of Education     Moronfoye     CUTI     Ilorin West     Adamu Jemilat-Baki     Post Utme     Ibrahim Abdullahi     Kaosarah Adeyi     Tunde Kazeem     Lanwa     High Court     Valsolar-Kwara Company Limited     Abdulganiy Abimbola Abdussalam     Shehu Alimi Foundation     NURTW     Bayo Ojo     Kwara South     Ola Falade     Samuel Elizabeth Keatswa     Nigeria Governors\' Forum     Mopelola Abdulmaliq-Bashir     Tunji Moronfoye     AIT Ilorin     Sabitiyu Grillo     Abdulmumini Sanni Jawondo     Hakeem Idris     Arca Santa     NITDA     Allocation     Yakub Ali-Agan     Elekoyangan     Moses Adekanye     Tanke Flyover Bridge     Abikan     Isau     Dauda Adeniran Adeshola     Olatunde Olukoya     Dar-Al-Handasah Consultants     Abraysports FC     Ayotunde Emmanuel Alao     Tafidan Kaiama     Muhammad Fawaz Abubakar     Harafat E. Mukadam     Laboratory-to-Product     Olatunji Moronfoye     Pakata     Abubakar Abdullahi Bata     Ayinde Oki     Joseph Alex Offorjama     KWASSIP     New Naira Notes     Albert Ogunsola     Jimba Babatunde     Maryam A. Garuba     Kolawole Akande     Sa\'adatu Modibbo-Kawu     Asa     Razaq Atunwa     Tunde Yusuf     Okin High School     Modibo Kawu    

Cloud Tag: What's trending

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

Surajudeen Akanbi     National Association Of Nigerian Students     CELF     Esinrogunjo     Oko-Erin     Bola Magaji     Bareke     Kwara Metro Park     Ayodele Shittu     Code Of Conduct Bureau     ER-KANG Mining     Dan-Kazeem     Joseph Offorjama     Femi Oladiji     Idi-Ape     Lawyers Unite Against Corruption     March 18     Idris Garba     Senate     NSCIA     Sobi FM     Taofik Abdulkareem Babaita     Mohammed Khadijat Kubura     Maigida Soludero Transit     Garment Factory     Ilorin Emirate     ER-KANG Mining Nigeria Company Limited     Ronke Adeyemi     Kunle Okeowo     General Hospital, Offa     Student Learning Support Helpline     Bayo Onimago     Afin Descendants Union Of Odo-Owa     Balogun-Ojomu     First Lady     Afolasade Opeyemi Kemi     Abdulraheem Olesin     Fatai Adeniyi Garba     Yinka Aluko     UITH     Adeola Abraham     Ogidi-Oloje     IYA ALFA NLA     Eleja     Mohammed Abdulahi     Dumagi     Mufutau Gbadamosi Esuwoye     Abdulrosheed Okiki     Jide Ashonibare     Mohammed Alabi Lawal     Okasanmi Ajayi     Abatemi Usman     Temi Kolawole     Abdulmalik Bashir Mopelola Risikatullahi     Olatinwo     Saheed Akinwumi     General Tunde Idiagbon International Airport     Frootify     Sanusi Abubakar     Lucky Omoluwa     Bello Abubakar     SSA Youth     Olugbense     Vasolar Consortium     Micheal Imodu-Ganmo Road     Dauda Adesola     ITEM 7     Kolo     Idowu Aremu     Abdullahi Dasilva Yussuf     Cornelius Adebayo     Majlis For Sadakah, Zakat And Waqf     Islamiya Abdulraheem     Babaloja-General     AIT Ilorin     EndSARS     Sulyman Abdulkareem