NGSIRS Records 170% IGR Increase
By : Yahaya Zakka, Minna
Niger State Internal Revenue Service (NGSIRS) has recorded One Hundred and Seventy percent increase in its Internal Generated Revenue (IGR) from the first quarter of 2024 official IGR collection figures.
This was disclosed in a statement issued by the Group Head, Tax Operations, Aminu Bawa on behalf of the Executive Chairman, Mohammed Etsu in Minna recently.
The statement further disclosed that the agency generated a total of N7,031,981,398.93 as the amount collected for the months of January, February, and March 2024 respectively.
“This marks a significant improvement from the total sum of N2,605,507,197.15 collected for the corresponding period in 2023, representing a 170% growth in the amount generated in comparative terms between first quarter of 2023 and first quarter of 2024.
This development was a result of the robust support received from Farmer Governor of Niger State, Mohammed Umar Bago, and the different strategies deployed by the management of the service
The immense support received from the current administration resulted in the service generating a total of N21,675,361,059.11 as total collections for the year 2023, as against the total sum of N16,848,325,487.70 collected in the year 2022” the statement explained.
The Chairman assured Nigerlites that the service was on course to deliver on its year 2024 Budgetary IGR target of N5 billion per month, as all mechanisms are being put in place to achieve the set target.