17 January 2013

Nigeria: Ekiti Eyes N14 Billion IGR in 2013

Ado-Ekiti — The Chairman of Ekiti State Internal Revenue Service, Mr. Isola Akingbade, said his agency has set a target of N14 billion for itself as Internally Generated Revenue this year.

Speaking at a forum in Ado-Ekiti yesterday, Mr. Akingbade said the agency had blocked several leakages of government revenues through the introduction of e-payment system, Point of Sales (POS) and the Taxpayer Identification Number (TIN) Project.

Mr. Akingbade noted that apart from boosting the state IGR, the POS would make payment of tax more convenient for people, stressing that the state has already taken delivery of 15 POS equipment.

He added that the state would begin to look inward to the agricultural sector, commerce and tourism in order to increase its IGR, noting that the informal sector including artisans and market people would not be left out.

Mr. Akingbade also urged the people to patronize the state for their vehicle registration, assuring that registration of vehicles in the state was the cheapest in the whole of South-West.

Copyright © 2013 Daily Trust. All rights reserved. Distributed by AllAfrica Global Media (allAfrica.com). To contact the copyright holder directly for corrections — or for permission to republish or make other authorized use of this material, click here.

AllAfrica publishes around 2,000 reports a day from more than 130 news organizations and over 200 other institutions and individuals, representing a diversity of positions on every topic. We publish news and views ranging from vigorous opponents of governments to government publications and spokespersons. Publishers named above each report are responsible for their own content, which AllAfrica does not have the legal right to edit or correct.

Articles and commentaries that identify allAfrica.com as the publisher are produced or commissioned by AllAfrica. To address comments or complaints, please Contact us.