Tracereporters –The Katsina State State Internal Revenue Service (KTIRS) is targeting operators of Point of Sale, POS to help in generating N40 billion it plans to generate for the 2024 fiscal year, the board chairman, Alhaji Isiyaku Muhammad has said.
He made the revelations, Tuesday during a meeting with local council chairmen and stakeholders as part of efforts to improve revenue collection in the state by the Dikko Umar Radda administration.
The board planned to put in place measures that would ensure the state government was able to cover its recurrent expenditure with the IGR without the federal allocation.
He noted that Katsina State is not faring well compared to its peers in internal revenue generation and the narrative should change.
“The state falls among the six states in the country that can not stand on its feet without the federal allocation, the situation is so disturbing.
“Many states that are beyond us in terms of IGR collection did not pass us in generating revenue, but the problem is how to collect and capture them in the records.
“The state lost 70 percent of its revenues to poor collection. We understand that it has been generating much IGR, but they have not been captured in the government records.
“Therefore, all measures will be put in place to ensure that in the 2024 report, Katsina state occupies the 5th or 6th position in the country, because we have all it takes,” the Board Chairman maintained.
According to him, local government revenue generation is being classified as third party fund, adding that, the law indicated that only the board has the right to access them.
The Chairman, therefore, urged Ministries, Departments and Agencies (MDAs), local government councils and other stakeholders to cooperate with the board toward the sustained development of the state.
A cross section of the council chairmen and stakeholders who attended the meeting assured of their readiness to cooperate with the Board to achieve it’s goals and target for the year.
