Niger revenue service generates N7.031bn IGR in three months

The Executive Chairman, Niger State Internal Revenue Service (NGSIRS), Mohammed M. Etsu, has disclosed that the agency collected a total of N7, 031,981,398.93 as the amount collected for January, February, and March 2024 respectively.

The Chairman said this while assuring the state that the service was on course to deliver on its year 2024 Budgetary Internally Generated Revenue (IGR) target of N5 billion per month, as all mechanisms are being put in place to achieve the set target.

Mohammed Etsu noted that the success was a result of the robust support received from the State Governor, Mohammed Umaru Bago, and the different strategies deployed by the management of the service, which enabled them to raise the state’s IGR by 170 per cent.

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He said this in a statement issued by the Group Head of tax Operations, Aminu M. Bawa, on behalf of the Executive Chairman. 

The statement further revealed that NGSIRS has recorded a 170 percent increase from the first quarter of 2024 official IGR collection figures, stressing that this marked a significant improvement from the total sum of N2, 605,507,197.15 collected for the corresponding period in 2023, representing 170 percent growth in the amount generated in comparative terms between the first quarter of 2023 and the first quarter of 2024.

Etsu stated further that the immense support received from the current administration in the state 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.