Kano Targets ₦80bn IGR with New Tax Compliance Reforms
19 / 100 Powered by Rank Math SEO SEO Score Kano to Prosecute Tax Defaulters in 2025, Aiming for ₦80 Billion Revenue The Kano State Government has unveiled plans to commence prosecuting tax defaulters in 2025 as part of its comprehensive tax administration reforms. The state aims to boost its Internally Generated Revenue (IGR) to over ₦80 billion next year, with a quarterly target of ₦20 billion. This announcement was made by Dr. Zaid Abubakar, Executive Chairman of the Kano State Internal Revenue Service (KIRS), during a High-Level Retreat for top government officials. Enhancing Tax Compliance Without Raising Taxes Dr. Abubakar emphasized that the reforms are not focused on increasing tax rates but rather on improving the efficiency of tax collection and ensuring compliance with existing tax laws. The governor’s spokesperson, Sanusi Bature Dawakin Tofa, highlighted that the current administration has already made strides in improving revenue generation. He said: “It is worth recalling that Governor Abba Yusuf replaced the previous chairman of the revenue service and introduced a new management structure. These changes have significantly boosted the agency’s performance in the third and fourth quarters of 2024.” A New Tax Collection Model for 2025 To further enhance revenue generation, the government plans to implement a modernized tax collection system. This new model is expected to improve revenue streams significantly, ensuring that the administration can deliver on its campaign promises across key sectors such as education, healthcare, and infrastructure. By prioritizing compliance and efficiency, Kano State aims to establish a sustainable revenue base to support long-term development goals. READ ALSO: Follow the LMSINT MEDIA channel on WhatsApp: Join Our WhatsApp Group Hear: Chat on WhatsApp Join our Telegram Chanel. Discover more from LMSINT STORE Subscribe to get the latest posts sent to your email. Type your email… Subscribe
Subscribe now to keep reading and get access to the full archive.