Ondo Internal Revenue Rises to N40bn
The Ondo State Government has disclosed that its Internally Generated Revenue has increased by 300 per cent to N40bn from N10bn.
The Chairman of the Ondo State Internal Revenue Service, Mr Tolu Adegbie, stated this at the induction/training programme for...
FCT Tax Reforms Targets N300bn Annual Revenue
The Federal Capital Territory (FCT) is taking steps towards boosting its revenue streams.
Currently, the FCT’s Internally Generated Revenue (IGR) is around N200 billion per year. With the implementation of these new initiatives, the FCT-IRS expects to increase IGR...
Kaduna Govt to fund Budget from IGR - Budget Commissioner
Kaduna State Government says that the state is progressing and plans to stop relying on federal allocation to fund it's budget in the next few years.
The State Commissioner and Chairman of the State Budget and...
Report Says, Only Lagos, Rivers, Anambra Can Survive On IGR, VAT
Only three states in Nigeria can survive without support from the Federal Government.
This was disclosed in BudgIT’s report ‘State of States, 2021 edition: Fiscal Options for Building Back Better’ released on Tuesday.
According to BudgIT,...
Ogun State Govt Rakes In N40bn IGR In Q1, 2021
The Ogun state government has generated N40 billion Internally Generated Revenue (IGR) in the first quarter of 2021.
The government also plans to increase the yearly Gross Domestic Product (GDP) from the current single-digit to 25...
