KWSG Earmarks N12b for New Infrastructure Under IFK
The state governor, Dr Abdulfatah Ahmed who disclosed this yesterday in Ilorin at the opening ceremony of the 137th Joint Tax Board (JTB) meeting hosted by Kwara State Internal Revenue Service (KWIRS), said that "our reinvigoration efforts have moved our paltry monthly average revenue of N600million in 2015 to about N1.5billion in 2016."
According to the governor, "this positive result has encouraged us to go ahead with our plan to plough the increased revenue back into the development of infrastructure for the state through the introduction of IFK."
The Governor said IFK has funded ongoing infrastructure in the state to the tune of about N4.7billion out of an approved N13billion saying that another N12billion is slated for funding new infrastructure such as the Diamond underpass in Ilorin, new campuses for KWASU, at Osi, Ilesha-Baruba and Ilorin Solar-powered street lights, dualisation of major roads in the state and a new indoor sports hall for Ilorin Township stadium.
"Let me emphasize that there is no other way we have been able to pool this N25billion for infrastructure under the current economic clime without the reform of our revenue collection and management structure under KWIRS. As a state, we have come a long way politically and economically and specifically in terms of our revenue profile", he said.
Earlier, the National Chairman of Joint Tax Board (JTB) Mr Babatunde Fowler said the board have adopted the blueprint of the Kwara State Government for other states of the federation to follow saying "without taxation, Nigeria cannot move forward." Mr Fowler called on state governments to emulate the Kwara model by granting autonomous to tax agencies for maximum results promising that such gesture will not be abused by the agencies.
Also speaking, chairman, Kwara State Internal Revenue Service, Dr Muritala Awodun thanked the state governor for his support to the service since inception and, especially, the opportunity to host the Joint Tax Board.
Cloud Tag: What's trending
Click on a word/phrase to read more about it.
Doyin Awoyale Bio Ibrahim Susan Modupe Oluwole Busari Alabi Alausa Sadiq Umar Abdulkadir Bolakale Sakariyah Tunde Kazeem Unicontinental Construction Company Ramadhan Abdulmumini AbdulRazaq 2017 Budget Hijab Abdulwasiu Bolaji Adeyi Saidu Isa Taofik Abiodun Ahmed Senior Staff Union Of Colleges Of Education Christopher Tunji Ayeni Tinubu Shola Odetundun Saka Balikis Kehinde Buari Edun Face Masks Taofik Abdulkareem Kwara State Internal Revenue Service Democracy Day Rabiu Kwankwaso Titus Suberu-Ajibola Kwara Central Jumoke F. Ajao Hydro-electric Power Producing Areas Development Commission COVID Sam Okaula Baba Adini Of Kwara State Monthly Sanitation Exercise Okanlawon Musa Haliru Yahaya Kawu Kwara Muhammed Taofeeq Abdulrazaq Modupe Oluwole Laboratory-to-Product AbdulRasaq Abdulmajeed Alaro Centre For Peace And Strategic Studies Curfew Muhammed Aliyu Magaji Are Esinniobiwa Quareeb Ben Duntoye EFCC Saka Aleshinloye Ilorin Descendants Progressive Union Ebola Sola Saraki Educational Foundation Oba Abdulraheem Peter Amogbonjaye 3MTT Fatai Olodo Universal Basic Education Commission Ilorin Curfew Orire Hijaab David Oyedepo Hauwa Nuru Joshua Adeyemi Adimula LABTOP Lithium MMWG Balogun Fulani Okin Group Muhammed Mahe Abdulkadir Chief Imam Of Omu-Aran Aminat Omodara Bamidele Aluko Kisira Abubakar Abdullahi Bata Tsado Manman Medinat Folorunsho Salman