In a bid to improve economic base of Niger State, Governor Abubakar Sani Bello said government will ensure full implementation of the recommendations of the committee on repositioning the Internally Generated Revenue of the state.
He stated this yesterday in his office while receiving the report of the Professor Muhammad Nasir Maiturare led committee.
He said for the administration to achieve its set goals in the face of limited resources every legal step necessary will be taken to ensure adherence to the recommendations made, stressing that government was committed to improving the state’s IGR.
To this end, the governor constituted a committee, headed by Commissioner for Finance, Ibrahim Balarabe for the implementation of the recommendations of Maiturare Committee.
He charged the committee to fashion out workable modalities for the actualisation of an improved internally generated revenue so to reduce dependence on monthly federal allocation.
The governor who gave the committee a target, tacitly said, “If I start seeing figures like N2 billion in a month, then it is a good start but if less, there will be need for more work and we will continue to review until we get it right.
“There is need for the implementation committee to ensure that all the recommendations are religiously carried out for effective and desired result”.
Earlier, the Chairman of the Committee, Prof. Mohammed Maiturare, said the state has the potentials and capacity to improve on its IGR only if government will fully implement it’s recommendations.
The committee said it found out that the state Internally Generated Revenue has been handicapped by some factors, which includes inappropriate determination of taxable income and narrow tax.
Maiturare further pinned the low IGR in the state to poor information flow and systemic linkages within the state internal revenue service (IRS), stressing that the state has some untapped users charges that have potentials to boost cash flow into the state.
He said the committee visited Lagos, Kano, Kaduna and Edo states to understudy their Internal Revenue Service with a view to improving on the existing modalities in the state. .
The committee suggested that for a new and effective tax regime, the Governor should serve as the state chief tax officer in accordance with best practice in other states with high IGR rate.
It also advised that the Governor should serve as a rallying point for tax advocacy in the state by engaging stakeholders such as the business community, religious and traditional leaders with a view to raising their consciousness in their civic responsibilities.