Politics

Sokoto state IGR hits N3.8bn quarterly – gov

Sokoto State Governor, Ahmed Aliyu, announced that the state’s Internally Generated Revenue has increased from N2.6 billion to N3.8 billion in less than a year.

He revealed this while speaking at the Annual Conference of the Chartered Institute of Taxation of Nigeria, held in Abuja on Tuesday.

According to him, the improvement recorded in the state’s IGR resulted from the measures introduced by his administration on tax collection and management.

“When we came on board, the taxation system we met was not very encouraging due to sharp practices that bedevilled both the collection and utilization of the internally generated revenue.

“We then introduced measures that sanitized the entire system of revenue collection and management in the state,” he added

As a result, the governor said his administration was able to raise more funds which are being used judiciously to improve the quality of lives of the electorates.

“Through this intervention, the state’s Internally Generated Revenue has risen from N2.6bn to N3.8bn in less than a year of our administration,” he said.

He added that the present administration has executed various people-oriented projects cutting across road networks, water supply, empowerment programmes and improving the health conditions of the people of the state, among others.

Aliyu assured the CITN of his administration’s commitment to collaborate with the body to further enhance tax collection in the State.

According to him, collaboration becomes necessary considering the huge demands by the electorate for people-oriented programmes in the State.

Aliyu added that his 9-point innovative agenda was designed in line with the yearnings and aspirations of the people of the State, hence the need to source more funds to meet the people’s expectations.

He also charged CITN to ensure massive sensitization of Nigerians on the importance of paying taxes, saying that not many Nigerians are aware of their responsibility when it comes to paying taxes.

He described CITN as a body of professionals who have a lot to contribute to national development and charged them to use their expertise to assist the country in its revenue generation.

Earlier, the President of the CITN, Samuel Agbeluyi, said the annual conference was meant to discuss extensively how to improve on the mandate of CITN.

 

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