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– The governor of Kwara state has revealed how the state makes N1.5billion every month
– Governor Ahmed said the success was through the Kwara Internal Revenue Service (KWIRS)
– He revealed this while speaking at a function in Ilorin on Tuesday, September 13
Kwara state Governor Abdulfatah Ahmed
The governor of Kwara state, Abdulfatah Ahmed has revealed that the state government now generates about N1.5billion monthly as internally generated revenue.
While speaking at a function organised by members of the ‘Third Estate,’ in Ilorin on Tuesday, September 13, the governor revealed this.
Governor Ahmed also said that this was against the monthly revenue of N500 million the state used to generate before the introduction of new revenue collection strategy through the Kwara Internal Revenue Service (KWIRS).
Praising the internal revenue services, he said the state government must look beyond earnings from the federation account in order to survive present funding challenges.
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According to Vanguard, he revealed that his administration has since changed the process of revenue generation without introducing new taxes to meet the current challenges of infrastructural development.
“I am happy that the consciousness has come to us as a country, as a state and most importantly as a government that we cannot continue to depend on federation allocations.
“Hence, we have been able to drive our internally generated revenue by changing the process and the personnel,” he explained.
The state governor revealed that the state government would have been in dire financial challenges if not for the increased internally generated revenue. And that whatever comes from the federation account were used in paying salaries and wages.
The governor added that his government has resolved not to lay off workers at state and local government in order not to compound the prevailing difficulties. He also said that as part of his administration’s effort to drive agriculture as money earner for the state, it has earmarked 10, 000 hectares of land for next farming season to deepen the administration’s off- taker demand driven initiative in agriculture.
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Chairman of Third Estate, Dr Yusuf Lawal , said the body had rendered community support to the people. Lawal listed such support to include provision of borehole, financial assistance to indigent students and scholarship to brilliant students for post graduates studies from Ilorin Emirate.
Meanwhile, Senate President, Bukola Saraki at an interactive press briefing with media correspondents in Kwara State, after observing the Eid-el-Kabir prayers in Ilorin on Monday, September 12, said the Senate on resumption will respond to the economic crisis.
Using a number of measures which include getting managers of the economy to give account to the people, making tough recommendations to the President on needed changes, formulating necessary legislative framework for economic recovery and wide consultations across the private sector.
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