IGR: Katsina generates N10bn

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The  poor collection of internally generated revenue by the Katsina State Government has been attributed to the non implementation of  the new tax rates and accounting extant rules and procedures on part of revenue officers.

Katsina State Government said its Internal Generated Revenue (IGR) stood at N10,670,299,951.37 as of August this year.

This was disclosed by the Permanent secretary, ministry of budget and economic planning, Abdullahi Abubakar during an interaction with the press on budget breakdown, recently.

“During the 2023 budget defence exercise, it was observed that the Internal Generated Revenue as of 31st August 2022 was N10,670,299,951.37 from the projected figure of N53,337,911,966.00 which represents 20.01 per cent.”

He further stressed  that six ministries received special attention funds of N138.1bn in the 2023 budget, where the ministry of environment received the highest allocation of N31.7bn representing 17.25 per cent

The water resources got over N29.2 billion, health N23.9 billion, works allocated the sum of N20.9 billion, while the education sector got  N18.6 billion and agriculture N13.6 billion.

Abubakar maintained that despite the turn of events, the capital expenditure performance stands at N102,476,564,682:30 which represents 22.55 per cent of the 2022 revised budget.

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