Grant autonomy to states' revenue boards, Fowler urges governors

Date: 2017-03-14

The Chairman of the Joint Tax Board, Mr. Babatunde Fowler, has urged state governors to grant autonomy to their revenue boards to enable them perform optimally.

Fowler, who is also the Executive Chairman, Federal Inland Revenue Service, stated this at the opening ceremony of the 137th Meeting of the JTB held in Ilorin, Kwara State.

A statement from the FIRS on Monday quoted him to have commended the Governor of Kwara State, AbdulFatah Ahmed for improving the tax revenue of the state.

The state's annual internally generated revenue grew from N7.1bn in 2015 to N17.2bn in 2016

He said, "The good work that you are doing is evident in the performance of the Kwara State Internal Revenue Service. It is good enough for others to follow. We commend the work that KWIRS is doing and agreed amongst ourselves to adopt is as a model.

"Like I often tell my colleagues, we members of JTB must not disappoint Nigerians. I like you to call on other governors, your colleagues in other states who have not taken the bold step to please do and give autonomy to State Internal Revenue Services. Please help us to convey this to them as an ambassador and tell other governors."

While calling on the members of the JTB to intensify efforts towards meeting their revenue targets, he called on the various state governments to enhance funding of tax authorities so as to achieve the desired objectives.

"You may have a vision. But if you don't have the revenue to drive that vision, it is mere dream, he added.

The governor, according to the statement said the state has floated the Kwara State Infrastructure Bond into which a percentage of the state's IGR will be paid.

He added that the objective of the said the state is to ensure that contractors are no longer owed, adding that with this development, banks would no longer panic when they give loans to contractors.

Source

 

Cloud Tag: What's trending

Click on a word/phrase to read more about it.

Femi Gbajabiamila     Adanla-Irese     Dasuki Belgore     Kwara 2019     Hassan Taiye Salam     Abdullahi Adisa Akodudu     Hakeem Idris     Hausa     Cornelius Adebayo     Oladimeji Thompson     Taiwo Joseph     Halimat Yusuf     Abdulrahman Abdulrasak     Wahab Femi Agbaje     Gobir Organization Foundation     Ibrahim Oloriegbe     Olupako     Mufutau Olatinwo     Voices Of Tomorrow     Yahya Mohammed     Senior Staff Union Of Colleges Of Education     Adeola Abraham     Dairo Kunle Paul     Segun Adeniyi     Afin Descendants Union Of Odo-Owa     Muyideen Ajani Bello     Hauwa Nuru     Bamidele Adegoke     Funmilayo Isiaka Oniwa     Mohammed Saidu     Saba Jibril     Ilorin     Danhawa     Simeon Sule Ajibola     Mike Omotosho     Adamu Ibrahim Sabi     Shuaib Abdulkadir     Centre For Digital Economy     Kazeem Adekanye     Anilelerin     Radio Kwara     Aro Yahaya     Abdulmumini AbdulRazaq     Sheikh Hamzat Yusuf Ariyibi     Mogaji Aare     Aminu Ado Bayero     Damilola Yusuf     Kawu Baraje     Gbenga Adebayo     Ayodele Kuburat Olaosebikan     Segun Abifarin     Oke-Ogun     Ibrahim Abiodun     Saheed Akinwumi     Kazeem Gbolagade     Kwara 2015     Obuh     Aliyu Muyideen     Moshood Bakare     Owo Arugbo     Adaramaja     Ayodele Shittu     PharmAccess Foundation     Bolakale Saka     Shuaibu Yaman     Olatunji Ayeni     Ambassador Kayode Laro     John Kehinde Salako     Amusa Bello     Idiagbon     Taofik Abdulkareem     Neuropsychiatric Hospital     Bola Shagaya     Akorede     Dumagi     Mohammed Katsina Ahmed     Kwara Metro Park    

Cloud Tag: What's trending

Click on a word/phrase to read more about it.

Temi Kolawole     Olohungbebe     Maryam A. Garuba     Esuwoye     Abubakar Bature Sulu-Gambari     Kayode Bankole     Ghali Alaaya     Shuaib Jawondo     Osuwa     Suleman Abubakar     Kwara State Fish Farmers Association     Gwanara     Bisi Kristien     NIPR     AbdulRasaq Abdulmajeed Alaro     Illyasu Abdullahi     Shoprite     Orisun Igbomina     Rapheal Ashaolu     Alaro     Akanbi-Oke     Suleiman Idris     Yakubu Mohammed Abdullahi     Vasolar     Azeez Bello     Bashiru Makama     Dauda Adeniran Adeshola     Abdul-Rahoof Bello     Iqra Books     Aasiyat Bello Oyedepo     Col. Ibrahim Taiwo     Seni Saraki     Abraysports FC     Yakub Ali-Agan     CUTI     Bayer AG     Sunday Popo-Ola     Coronavirus     Sam Okaula     Abdulhakeem Amao     Oniwasi Agbaye     Olaitan Adefila     Bayo Lawal     Wasiu Odewale     Kwara Basketball Association     Ahmed Ayinla Jimoh     Third Estate     Shaaba Lafiagi     Arandun     Democracy Day     Oba Abu     Olokoba Sulyman     Ibrahim Abduquadri Abikan     John Mayokun Dada     Olaiya Victor Mobolaji     Akande Idowu Ayoola Muhammed     Adolescent Girls Initiative For Learning And Empowerment     Samari     Plat Technologies Limited     Egbejila     David Adesina     Ilorin Emirate Staff Association     Sunday Otokiti     NNPP     Igbaja     3MTT     EFCC     Saadatu Modibbo-Kawu     Isiaka Yusuf     Bukola Ajikobi     Jimoh Bashir     Ayekale     Ilorin     Kamaldeen Ajibade     SAPZ Project     Rafiu Ibrahim     Bola Sagaya