Taraba Improves IGR from N800 Million to 1.6b Monthly
The Taraba State Internal Revenue Service (TSIRS) says it has improved internally generated revenue (IGR) from N800 million to N1.6 billion since assuming its new leadership in June 2024.
Brig. Gen. Jeremiah Faransa (rtd), Chairman of the TSIRS, made the disclosure on Thursday in Jalingo, speaking to newsmen in his office about the service’s activities since he assumed office in June 2024.
Faransa also revealed that IGR rose from N10 billion in 2023 to over N11 billion as at September 2024.
He said the service is expected to hit over N15 billion in IGR when it includes October, November, and December collections.
Faransa attributed poor IGR to the non-implementation of the Treasury Single Account (TSA), the proliferation of revenue and security checkpoints, weak revenue linkages, analogue revenue collection, and a lack of training and retraining for the service’s staff, among others.
The chairman, however, said he has closed all illegal revenue checkpoints across the state’s 16 local government areas. He said state laws on revenue collection recognised TSIRS as the only organisation responsible for revenue collection.
He further said staff of the service have since embarked on training and retraining to engage in digital operations and harmonise revenue collection activities in the state.
“It is only in Taraba that you will discover multiple illegal checkpoints; we are not in a war zone where they mount multiple checkpoints on the roads.
“The revenue collections were before now going into the pockets of some individuals; we have blocked the leakages, we have brought back revenue collections in the hands of government, and our IGR has significantly improved.
“Before I assumed office in June 2024, the state used to generate between N700 and N800 million; we are now generating over N1.6 billion per month.
“As at 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 2023.
“By the time we take the remaining three months of the year 2024, we should be hitting N15 billion, which is a headway.
” We must think outside the federation account; nobody can build Taraba for us. It is our responsibility, and we have to support Gov. Kefas to achieve his transformation agenda,”. Faransa stated. #Taraba Improves IGR from N800 Million to 1.6b Monthly#
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