Taraba Improves IGR From N800m To N1.6bn Monthly

Taraba State Internal Revenue Service (TSIRS) says it has improved Internal Generated Revenue (IGR) from N800 million to 1.6 Billion since assumption of it’s new leadership in June 2024.

The Service also revealed that it has risen from last year’s IGR of N10 billion to over N11 billion in nine months which is expected to hit over N15 billion IGR after October, November and December collections are computed on its IGR chat.

This was disclosed by the chairman TSIRS Brig. Gen. Jeremiah Faransa  (rtd), he disclosed this while speaking to journalists in his office on the activities of the service under a few months of his reign.

Faransa said the lark of single treasury account, proliferation of revenue and security checkpoints, revenue linkages, analogous operations in collection of revenues and lark of training and retraining of the service’s staff was behind forces that bedeviled the state’s revenue collection.

The chairman said since he assumed office, he has closed down all the illegal revenue check points across the sixteen local government areas of the state, stating that the state laws only empowers the Taraba State Internal Revenue Service with responsibility of revenue collections.

RELATED

NCC To Spotlight Mobile Virtual Network Investment, Growth Potential At Forum

54 seconds ago

Recruitment: Customs Denounce Viral CBT Shortlist, Say Process Still Ongoing

4 minutes ago

He further stated that staff of the service have since embarked on training and retraining to engage in digital operations to harmonize activities of revenue collections in the state to further enhance growth in the activities of revenue collections.

“Is only in Taraba state that when visited you will discover multiple illegal check points, we are not in a war zone where they mount multiple check points on the roads, the revenue collections were before now going into the hands of individuals, we blocked the linkages, we brought back revenue collections in the hands of government and our IGR has significantly improved.

“Before I assumed office June 2024, the state use to generate between N700 to N800 million, we are now generating over N1.6 Billion per month, as at from January to September which is so far the last collection on our revenue central chat, we are having over N11 Billion as against N10 Billion for the whole of year 2023.

“By the time we take the remaining 3 months of the year 2024, we should be close to hit N15 Billion which for me I believe is a headway to IGR improvement, we must have to think outside federation account, nobody can build Taraba for us, is our responsibility and we have to support Governor Agbu Kefas to achieve his transformation agenda. Faransa stated.

LEADERSHIP reports that Taraba state recorded the least state with N10 Billion among the 36 states of the federation in 2023 according to the National Bureau of Statistics.