Kwara’s IGR Collection Hits N17.4bn

Internal revenuePhoto by Andrew Harrer/Bloomberg via Getty Images
  • Kwara’s IGR Collection Hits N17.4bn

The Executive Director, Kwara State Internal Revenue Service, Dr. Muritala Awodun, on Thursday disclosed that the agency collected N17.4bn as Internally Generated Revenue in 2016.

He stated that this was a significant improvement from the N7.2bn generated in 2015.

Awodun spoke in Ilorin, the state capital, during a meeting between the KWIRS and government officials as well as the business community.

According to him, the feat recorded by the service justified the establishment of the agency by the Governor Abdulfatah Ahmed administration.

Awodun said, “The revenue is just the base. There are so many things that are tied to revenue generation and the corporate community is very significant if it must happen. They are very significant even to the revenue we are talking about.

“But other things that must happen for revenue to grow revolves around enterprise creation and sustainability of the created enterprises.”

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Samed Olukoya
Samed Olukoya is the CEO/Founder of investorsking.com, a digital business media, with over 10 years' experience as a foreign exchange research analyst and trader. A graduate of University of East London, U.K. and a vivid financial markets analyst.

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