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    MarketForces Africa » MarketForces News » Kano Revenue Service Targets N100bn IGR in 2025
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    Kano Revenue Service Targets N100bn IGR in 2025

    Ogochukwu NdubuisiBy Ogochukwu NdubuisiFebruary 12, 2025No Comments2 Mins Read
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    Kano Revenue Service Targets N100bn IGR in 2025
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    Kano Revenue Service Targets N100bn IGR in 2025

    The Kano State Revenue Service (KIRS), has set a target to increase the state’s Internally Generated Revenue (IGR) to over N100 billion in  2025. The Executive Chairman of the Service, Dr Zaid Abubakar, made the announcement on Wednesday in Kano, during the agency’s annual performance review for 2024 and its strategic plan for 2025.

    Abubakar disclosed that KIRS has developed both medium and long-term plans to enhance the state’s revenue generation. “For the medium-term revenue collection plan, we aim to collect more than N100 billion in 2025, and in subsequent years, we expect to surpass N200 billion.

    “The state government has set a target of N75 billion for 2025, but we are committed to exceeding it,” he explained. He further noted that the service intended to utilise technology as part of its ongoing digitisation efforts to reduce leakages and improve transparency.

    “We will continue to deploy emerging ICT solutions and data management systems to optimise revenue collection, track progress, and ensure efficient administration,” Abubakar stated.

    The Executive Chairman explained that the meeting aimed to assess the agency’s activities and performance in the previous year and to strategise for the new fiscal year, aligning efforts to meet collective goals.

    He also mentioned that the Kano State Government planned to review the state’s revenue generation laws to strengthen the revenue base.

    “The governor has approved a review of these laws, and we expect to complete the process before the end of the first quarter of this year,” Abubakar confirmed. #Kano Revenue Service Targets N100bn IGR in 2025#

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    Ogochukwu Ndubuisi
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    Ogochukwu Ndubuisi is an editorial content strategist and financial news writer at MarketForces Africa, covering a broad range of topics including Nigeria's equity markets, infrastructure development, energy, government policy, corporate finance, and digital economy.With over 2,400 published articles on MarketForces Africa, Ogochi brings depth and consistency to the publication's daily news coverage.Her reporting spans Nigerian Exchange Group market movements, Lagos State infrastructure projects, and federal government economic policies, oil and gas developments, and emerging sectors shaping Nigeria's economic landscape.She also covers Africa-wide stories, including East African market indices, continental investment trends, and cross-border economic developments.Ogochi works closely with MarketForces Africa's editorial and corporate communications teams to deliver accurate, timely, and well-researched content to the publication's professional readership.Ogochukwu Ndubuisi is based in Lagos, Nigeria.

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