Kaduna State’s IGR rises by 145% to N30bn

Business a.m. - - NEWS - Nse An­thony-Uko, in Abuja

THE KADUNA STATE IN­TER NAL Rev­enue Ser­vice (KDIRS) has an­nounced an in­crease in the sub-na­tional’s in­ter­nally gen­er­ated rev­enue (IGR) to about N30 bil­lion from Jan­uary to De­cem­ber, 2018.

Mukhtar Ahmed, ex­ec­u­tive chair­man of the agency gave the fig­ure while in­au­gu­rat­ing In­terSwitch’s of­fice in Kaduna.

Ahmed said the fig­ure rep­re­sented over 145 per cent in­crease within the last three years that is be­tween 2015 and 2018 fis­cal years.

“The de­lib­er­ate gov­ern­ment poli­cies and leg­isla­tive back­ing by the State House of As­sem­bly helped the growth of the IGR from N11.8bn in 2015 to N26.53 bil­lion in 2017, show­ing more than 145 per cent in­crease within three years.“

The State Gov­ern­ment had tar­geted N42 bil­lion for 2018, but was able to

gen­er­ate only about N30 bil­lion at the end of the year.

Ahmed at­trib­uted the growth in rev­enue gen­er­a­tion to the col­lab­o­ra­tion be­tween the agency and In­terSwitch Net­works that pro­vided the state with so­lu­tion and tech­nol­ogy for rev­enue track­ing.

The pol­icy made all pay­ments com­pul­sory on the In­terSwitch “Pay Di­rect Plat­form “adopted by the State Gov­ern­ment in ad­di­tion to the Trea­sury Sin­gle Ac­count (TSA) sys­tem.

Chinyere Don-Okhuofo, Di­vi­sional Chief Ex­ec­u­tive Of­fi­cer, In­terswitch Net­works said the or­gan­i­sa­tion was ready to pro­vide more ser­vices and in­no­va­tions to the state gov­ern­ment to en­hance its rev­enue gen­er­a­tion.

Don-Okhuofo said In­terswitch was al­ready en­gaged in a pi­lot pro­gramme to au­to­mate two of the 33 hos­pi­tals in the state to en­able it make di­rect pay­ment into the State Gov­ern­ment ac­counts.

She also pledged the com­pany’s readi­ness to pro­vide a new ser­vice to en­hance the trans­port sys­tem of the state in ad­di­tion to other new in­no­va­tions.

Ac­cord­ing to her, In­terswitch de­cided to open its of­fice in Kaduna State to bring such ser­vices closer to the gov­ern­ment to fast track rev­enue growth as well as to en­sure ef­fec­tive ser­vice de­liv­ery.

She said the ef­fort would equally boost the fi­nan­cial in­clu­sion of the peo­ple of the state to re­duce poverty.

She com­mended the Kaduna gov­ern­ment for be­ing vi­sion­ary and fast in ex­e­cut­ing rev­enue poli­cies, adding that the state is among the 33 states of the fed­er­a­tion col­lab­o­rat­ing In­terswitch Net­works.


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