Plans are underway by the Kano State Inside Revenue Service (KIRS) to realize N15 billion monthly revenue by 2026.
Alhaji Muhammed Abba Aliyu, the Government Director, Compliance and Enforcement at KIRS, made the disclosure at a multi-sector stakeholders’ engagement in collaboration with Partnership for Agile Governance and Local weather Engagement PACE held in Kano.
In accordance to him, “the projection is anchored on a brand new tax framework that prioritises equity and effectivity.”
He famous that beneath the revised system solely people incomes above N800,000 yearly could be taxed thereby shielding decrease earnings earners from undue monetary strain.
The Government Director defined that the tax construction now rests squarely on earnings tax from employment or enterprise actions, service expenses for accessing public facilities and penalties for authorized infractions, saying that the strategy goals to streamline revenue assortment whereas reinforcing the social contract between residents and the state.
PACE Consultant, Alhassan Usman emphasised the transformative energy of digital tax methods and urged residents to transfer away from money-primarily based interactions with revenue officers, advocating for safe, traceable digital funds.
The marketing campaign, he stated, past revenue era, seeks to educate residents on the lengthy-time period advantages of tax compliance, including that correct tax information will assist entrepreneurs monitor their monetary well being and place themselves for development alternatives.
That is coming as Kano doubled IGR and emerged amongst Nigeria’s quickest-rising revenue States in 2024 with N74.77 billion from N37.38 billion in 2023, in accordance to knowledge launched by the Nationwide Bureau of Statistics (NBS).
The milestone was achieved by blocking leakages and overhauling the Kano State Inside Revenue Service (KIRS) upon assumption of workplace by the governor in 2023, in accordance to Governor Abba Kabir Yusuf’s Particular Adviser on Data, Ibrahim Adam.
The Governor’s Data Supervisor additionally acknowledged that Governor Yusuf employed among the best fingers to deal with the state’s revenue era, therefore the results of Kano topping the chart in 2024.
Ibrahim Adam added that Governor Abba Kabir Yusuf is assuring the individuals of the state that he’s very grateful for the cooperation the administration is receiving from the populace, with the promise of doing extra.
