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Home Business News Politics

Plateau State generates IGR of N17 billion in 9 months

William UkpebyWilliam Ukpe
1 year ago
in Politics
Plateau State generates IGR of N17 billion in 9 months
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The Plateau state government has announced that it generated internal revenue of N17 billion from January to September 2021.

This was disclosed by Mr Arlat Dasogot, Chairman, Plateau State Internal Revenue Service (PSIRS) at the state’s revenue council whistleblowing sub-committee stakeholder engagement on Monday, in Jos, according to the News Agency of Nigeria.

The revenue boss stated that despite revenue targets being at least N2 billion monthly, the state was only able to realise over a billion per month, except for June and August that was lower than a billion, citing that Plateau revenue law enacted in November 2020, would significantly boost the state’s IGR.

What the state revenue boss said

Mr Dasogot said, “Efforts to implement the law fully has been on, we have been working with our partners comprising mostly professionals.

“We are implementing the law together with Ministries, Agencies and Departments (MDAs) and we are witnessing improvements in revenues the MDA have been collecting.

“Prior to the law, the MDAs were not fully accounting for the revenues they were collecting, but with the law, they know that they must account for the revenues they collect.

“We are making progress but we are not yet there, but we are not losing hope.”

He said that the whistleblowing would help PSIRS to redefine its compass, adding that where leakages were identified, the whistleblowing should report them so that they would be taken to the revenue council to address.

What you should know

The 36 states and the Federal Capital Territory generated a sum of N1.31 trillion as Internally generated revenue (IGR) in 2020. The states’ IGR declined by 1.93% from N1.33 trillion, recorded in the previous year to N1.31 trillion in 2020. It however increased by 11.7% compared to N1.69 trillion recorded in 2018.

Lagos State recorded the highest Internally Generated Revenue of N418.99 billion, accounting for 32.1% of the total and closely followed by Rivers State with N117.19 billion.

Others with the highest IGR in 2020 include Abuja (N92.06 billion), Delta (N59.73 billion), and Kaduna (N50.75 billion).

Kebbi State recorded the highest year-on-year growth of 87.02%, closely followed by Ebonyi at 87.3%. Oyo State grew its IGR by 42.23%, Borno (41.63%), while Katsina grew by 34.16%.

Related

Tags: IGRPlateau State Internal Revenue ServicePSIRS

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