Niger Internal Revenue Service generates over N7bn in first Quarter 2024

2024-05-06 18:11:47

Daily Post Nigeria

The Niger State Internal Revenue Service (NGSIRS) has revealed that in the first quarter of 2024 , it generated the sum of N7,031,981,398.93 as Internal Generated Revenue (IGR) in the state.

It stated that the amount represented a 170 per cent growth in IGR compared to the N2,605,507,197.15 released in the first quarter of 2023.

The Executive Chairman of the NGSIRS, Mohammed M. Etsu, who made the disclosure in Minna, said the collection was for the months of January, February, and March 2024.

According to him, "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 Q1 2023 and Q1 2024".

"This was as a result of the robust support received from the Governor of Niger State, Umaru Mohammed Bago, and the different strategies deployed by the management of the service."

He further explained that the Service generated N21,675,361,059.11 as total collections for 2023, as against N16,848,325,487.70 collected in 2022.

Etsu assured people of the state of the commitment of the Service 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.

2024-05-06 News