Kogi grows monthly revenue by N3bn

The Kogi State Revenue Service has disclosed that it has recorded a significant increase in revenue generation to N3 billion monthly under the leadership of its executive chairman, Mr Sule Enehe.

Enehe, who made the disclosure during a Stewardship Forum organised by the Correspondents’ Chapel of the Nigeria Union of Journalists, Kogi State Council, on Friday in Lokoja.

According to Enehe, “the N3 billion monthly revenue generation surpasses the proposed taxation income budget for the half year.”

He noted that the state’s Internally Generated Revenue used to be N750 million monthly when he assumed office in November 2021. Thus,

attributing the success to effective tax administration and service delivery, made possible by his management team’s commitment to judiciously utilise the state’s 10 per cent IGR for staff salaries and operational costs.

Speaking on capacity building and technology drive success, Enehe highlighted the agency’s efforts to boost staff morale and productivity through capacity building, staff welfare, and promotions based on seniority.

The chairman also noted the introduction of a Central Billing System and Automated Taxation, which have helped to reduce revenue leakages.

The KGIRS boss expressed his administration’s readiness to partner with journalists in publicising the agency’s activities.

He appealed to Kogi residents to promptly pay their taxes so that they could enjoy the dividends of democracy and development.

Commenting on the challenges and future prospects, Enehe identified obstacles in enforcing taxation laws and taxpayers’ reluctance to meet their tax obligations as major challenges facing the agency.

However, he expressed optimism about the new Nigeria Revenue Tax Act, which is set to take effect in January next year, and which aims to harmonise tax laws and reduce double taxation.

“The new law harmonises all tax acts into single document to reduce double taxation,” he said.

Enehe lauded Gov. Ahmed Ododo for his effective leadership and unwavering support to KGIRS in meeting its revenue generation targets.

Earlier, the Chairman of the Correspondents’ Chapel, Mr Segun Salami, stated that the Stewardship Forum was designed to provide a platform for leaders to showcase their achievements and challenges in service delivery.