Kogi State’s internally generated revenue (IGR) has increased from N6.5 billion to N23.5 billion annually over eight years, according to Alhaji Salihu Enehe, the executive chairman of the Kogi State Board of Internal Revenue Service (KGIRS). Speaking in Lokoja during the 2024 stakeholders’ interactive session on taxation, Enehe attributed this increase to the state government’s efforts, effective tax management, and the implementation of policies that curbed previous leakages.
The transition from manual to digital tax administration has significantly reduced illegal tax collection activities, with many perpetrators being arrested and prosecuted. Enehe emphasized the critical role of stakeholders in this success.
Despite the improvements, many stakeholders expressed concerns about multiple and high tax rates impacting their businesses and employees. Private school operators specifically appealed for a review of school levies, noting that the economic downturn has significantly reduced student intake.
Source: Daily Trust