Borno raises panel on N28b IGR target
Borno State government has inaugurated a Joint Revenue Committee (BJRC) with representatives from 27 councils and Ministries of Finance and Justice to assist the state realize this year’s Internally Generated Revenue (IGR) target of N28 billion.
Inaugurating the committee at the weekend in Maiduguri, the Permanent Secretary/Chairman of Borno State Internal Revenue Services (BSIRS), Alhaji Kolomi Mutah, said that the committee’s task is to work towards installing a vibrant tax system to achieve socio-economic objectives of the state government.
He said Governor Kashim Shettima’s approval to constitute and inaugurate the committee was because taxation is a critical component of government at all levels.
His words: “Under the Nigerian tax system; each state of the federation is to establish a State Joint Revenue Committee. This is in accordance with section 92 of the Personal Income Tax Act, (PITA). The functions of the State Joint Revenue Committee as contained in Section 93 of PITA is to implement the decisions of the Joint Tax Board (JTB).
He said that the committee was also to advise the JTB and the state and local council on revenue matters so as to meet this year’s IGR target of N28 billion.
No Comments yet