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    MarketForces Africa » Uncategorized » Katsina Generates over N2bn Revenue in Sept. – Official

    Katsina Generates over N2bn Revenue in Sept. – Official

    Julius AlagbeBy Julius AlagbeOctober 5, 2024 Uncategorized No Comments2 Mins Read
    Katsina Generates over N2bn Revenue in Sept. – Official
    Dikko Umar Radda, Gov
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    Katsina Generates over N2bn Revenue in Sept. – Official

    The Katsina State Government says it has generated N2.024 billion as Internal Generated Revenue (IGR) in Sept. This is contained in a statement on Friday by Alhaji Sada Shu’aibu, Director, Corporate Communication of the State Internal Revenue Board.

     The director quoted the Executive Chairman of the board, Alhaji Muhammad Isiyaku as saying this in Katsina. The chairman recalled that the board had generated N1.80 billion in July and N1.85 billion in Aug.

    He described the feat as impressive, linking it to the blocking of leakages and the introduction of the Central Billing System by the state government. Isiyaku said that the feat would be maintained to ensure that the state government gets enough funds to execute people-oriented projects in the state.

    He further pledged the state government’s determination to generate improved IGR for the state. Commending Gov. Dikko Radda for his support, Isiyaku also appreciated the state Ministry of Finance, Budget and Economic Planning, and other relevant MDA’s for their cooperation.

    Isiyaku also urged the staff of the revenue agency to work tirelessly to achieve the objectives of the board. He, however, cautioned them against engaging in fraudulent activities, as anybody found wanting would be sanctioned, accordingly.

    Isiyaku recalled that when he came on board in Nov. 2023, the IGR was between ₦700 and 800 million, but by July 2024, about N1.85 billion was generated. Oil Prices Increase as Middle East Tensions Heated Up

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    Julius Alagbe
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    Julius Alagbe is a senior financial journalist and Editor at MarketForces Africa with nearly two decades of experience in finance, accounting, and economics reporting.He is one of Nigeria's most prolific financial market reporters, covering capital markets, monetary policy, corporate earnings, banking, telecoms, and macroeconomic developments across Africa.Julius has built a strong footprint reporting on Nigeria's leading corporates and financial services sector, including coverage of the Nigerian Exchange Group, Central Bank of Nigeria monetary operations, MTN Nigeria, GTCO, and major investment banking transactions.He regularly monitors the CBN’s open market operations, interbank FX markets, and equity market movements, providing readers with real-time intelligence on Nigeria’s financial landscape.His reporting draws on direct access to institutional research from firms including Moody’s Ratings, CardinalStone Securities, Fitch, and other leading African investment houses.Julius brings analytical depth and editorial rigour to every story, making complex financial data accessible to professionals, investors, and policymakers across Africa.Julius Alagbe is based in Lagos, Nigeria.

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