Kano State Targets N80 Billion Internal Revenue in 2025: Governor Yusuf

Following the federal government’s tax reform policy, Kano State Governor Abba Kabir Yusuf has announced his intention to generate over N80 billion in internal revenue in 2025, contributing to the state’s development.

Yusuf disclosed this in a statement signed by Sanusi Bature Dawakin Tofa, Director-General, Media and Publicity, Government House, Kano, on Saturday.

Yusuf revealed that his administration aims to generate over N20 billion in revenue for each quarter of the year 2025.

The project is an indication of the state’s intention to invest tax revenue in projects that will positively impact citizens’ lives and the state’s economy, thereby boosting tax revenue generation.

It should be recalled that the state governor previously expressed his administration’s commitment to sanitising and securing the state’s business environment. This includes implementing a verification and registration exercise for all expatriates and their businesses operating within the state.

The state government emphasised that the revenue generated will be judiciously utilised to enhance key sectors such as water and sanitation, health, education, urban renewal, and agricultural development.

Yusuf noted that starting from the first quarter of 2025, significant advancements in these sectors are expected to drive the state’s overall development.

“To ensure effective reforms in revenue generation, the Governor will commission a new model for tax collection.

“This model is expected to substantially increase revenue generation for the 2025 fiscal year, enabling the administration to fulfill its campaign promises across various critical sectors of development,” the state government said.

The Executive Chairman of the Kano State Internal Revenue Service (KIRS), Dr. Zaid Abubakar, also stated that “the reform is not aimed at increasing taxes but at improving the efficiency of tax collection and ensuring compliance with tax regulations.”

He added, “Kano State has projected the generation of over twenty billion naira in revenue each quarter of 2025.”