The Kaduna State Government has generated N44 billion as Internally Generated Revenue (IGR) from January to October 2022, according to the State Bureau of Statistics (KDBS).
The performance was based on the Monthly IGR Performance Report, published on KDBS website on Jan. 4, and obtained by the News Agency of Nigeria (NAN) in Kaduna on Thursday.
The N44 billion IGR generated represents 62.4 per cent of the N70.5 billion projected revenue target for the year, leaving a variance of N26.6 billion.
Kaduna State IGR Monthly Performance in billions (N) from Jan. to Oct., 2022
According to the report, the IGR increased from N2.9 billion in January to N5.8 billion in June and further upward to N9.8 billion in September before declining to N3.6 billion in October.
The N3.6 billion generated in October represents 61.2 per cent of the N5.9 billion targeted for the month.
It listed the five top performing revenue generating agencies to include Kaduna Internal Revenue Service with N1.5 billion, the Ministry for Finance with N1.3 billion and Kaduna State Geographic Information System with N320.4 million.
Others were the Kaduna State University with N108.9 million and Kaduna State Urban Planning and Development Agency with N65.9 million.
Reacting to the development, Mr Simeon Olatunde, Coordinator, Kaduna State Tax Justice Network, rated the performance as average.
He urged the state government to strengthen the implementation of tax for service initiative with a view to improve revenue generation to meet its targets.
Olatunde also called on KADIRS to strengthen its automated revenue collection mechanism and block leakages to guard against siphoning of revenues into private pockets.
We are also calling on taxpayers in the state to support the government through voluntary tax payment to enable it to deliver development projects that will impact on the lives of the people,” he said. (NAN)
