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Kaduna IRS targets N62 billion in 2024

by Catherine Agbo
January 18, 2024
in Business Scene
0
Kaduna IRS targets N62 billion in 2024
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The Kaduna State Internal Revenue Service (KADIRS), says it is targeting N62 billion Internally Generated Revenue (IGR) in 2024.

Speaking at the KADIRS two-day Annual Performance Review and Strategic Retreat in Zaria, Executive Chairman of the service, Mr Jerry Adams, said in previous years, they stretched and always achieved the target of IGR given to them by the government.

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He said that KADIRS would continuously leverage and
deploy emerging ICT solutions and data management systems that would enhance revenue collection, tracking, optimization and efficient administration.

Adams added that through the standing committee on digital transformation and integration of all revenue lines and creating seamless channels of tax and revenue payments, the service has enhanced tax payer relationships and compliance at every touchpoint in the discharge of their functions.

He said that the innovative ICT solutions they leveraged on, which is the Central Billing System, and Big Data Single Window, provide a 360-degree view of every single revenue stream.

According to him, the system empowered taxpayers to file returns online without single paper or physical presence in the KADIRS tax offices, which also allows the service to collect taxes due from those returns electronically.

Adams said the aim of the retreat was to take
inventory of KADIRS activities and performance in the preceding year as well as strategise, brace up, and prepare for the collective goals of the new fiscal year which is very important to them as a service.

He also said it was aimed at reviewing its performance in the preceding year, to identify successes, problems and challenges and realign for
a better future.

He restated KADIRS’s commitment in ensuring tackling of possible tax leakages, which would enable realisation of their set target.

Adams disclosed that the service was also working on launching the Central Billing System and Business Reporting Dashboard, which would all help them block revenue leakages.

Governor Uba Sani had in his 2024 “Budget of Rural Transformation and Inclusive Development”, set an annual IGR target of about N120 billion and tasked the KADIRS with the direct responsibility of generating over N5.8 billion, which represents 47.33 per cent of the state’s IGR target.

Sani also saddled KADIRS to, while working in collaboration with other revenue generating MDAs, generate another N63.2 billion, which represents 52.66 per cent of the state’s IGR target.

 

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