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TODAY’S NEWS
BUA and Dangote Group Freeze Cement Price to Back Tinubu’s Projects North East Alert: Terrorists Flee as Army Gains Upper Hand Troops Crush Boko Haram in Sambisa Forest, Recover Bomb-Making Gear Nigerian Embassy Faces Crisis, Seeks Urgent $10M to Rebuild Image Baby Sale Scandal: Lagos Police Rescue Newborn Sold for N3m Professor Lectures Empty Class, Ignites Viral Debate Over Student Attitude Benue Killings calls for furious Senate’s Arrest of 13 Attackers Compulsory Voting Bill Sparks Outrage as Reps Target 18+ Nigerians Brigadier General Amechi Agwu Takes Over 23 Brigade in Yola Ibadan Electricity Surge: Govt Unlocks 20MW Power, 5M Lives Touched Boko Haram Camps Crushed in Brutal Forest Raid by Nigerian Troops JAMB Glitch Forces Urgent UTME Retake for 380,000 Students Ooni Praises Tinubu as 18 Key Leaders Take South-West Stage Ghana Cedi Surge shocks Markets, Outshines Naira, Dollar Dangote Programs Unlock Over 120 New Jobs for Nigerian Graduates
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Business and Economy

Kaduna’s IGR Hits N62.49 Billion, Sets Record in Northern Nigeria

By Newsroom
Administrator Newsroom
Posted: November 3, 2024 at 1:39 pm, Updated: November 3, 2024 at 1:39 pm
Governor Uba Sani of Kaduna, Nigeria

[keypoints]

  • Record Revenue Generation: Kaduna State achieved a record-breaking N62.49 billion in internal revenue in 2023, leading the northern region of Nigeria, thanks to reforms driven by Governor Uba Sani.
  • Innovative Tax Automation: The “Pay Kaduna Portal” has streamlined tax payments and minimized revenue leakages, significantly improving tax collection processes and accessibility for residents.
  • Public Trust in “Tax for Service”: Visible infrastructure improvements under Governor Sani’s administration have strengthened public trust, leading to increased voluntary tax compliance.

[/keypoints]

Kaduna’s IGR Hits N62.49 Billion, Sets Record in Northern Nigeria

Kaduna State has taken the lead in internal revenue generation (IGR)across Northern Nigeria, thanks to Governor Uba Sani’s commitment to financial inclusion and tax system reforms.

The Kaduna State Internal Revenue Service (KADIRS) collected N62.49 billion in 2023, a figure that earned the state the top spot in the region, according to the National Bureau of Statistics (NBS).

KADIRS Executive Chairman Jerry Adams credited this achievement to strategic reforms and Governor Sani’s efforts to streamline tax processes.

“Governor Sani’s dedication to automating tax collection has revolutionized our system,” Adams said.

A key element of this success is the “Pay Kaduna Portal,” an online platform where residents can pay their taxes with ease.

“This automation has reduced leakages in the system,” explained Adams. “With a simple click, taxpayers can handle obligations like Withholding Tax and Stamp Duty.”

In a shift from previous strategies, KADIRS has focused on expanding the tax net horizontally rather than increasing taxes. This approach, introduced in July 2022, has fostered steady revenue growth without putting extra financial pressure on residents.

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Governor Uba Sani’s “Tax for Service” motto resonates with citizens, as visible improvements in infrastructure and services have boosted voluntary tax compliance.

“People see how their money is being used, and it encourages them to fulfill their tax obligations,” Adams added.

Adams urged Kaduna residents to continue supporting these initiatives by promptly paying Property Tax, Ground Rents, and other dues. He emphasized that the Governor’s backing gives KADIRS the potential to further boost the state’s revenue collection.

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Related topic
2023 revenue / financial inclusion / Governor Uba Sani / Ground Rents / IGR / internal revenue generation / Jerry Adams / KADIRS / Kaduna State / Kaduna State Internal Revenue Service / N62.49 billion / National Bureau of Statistics / Northern Nigeria / Pay Kaduna Portal / Property Tax / Stamp Duty / tax automation / tax compliance / tax reforms / Withholding Tax
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