KADUNA TARGETS ₦120BN IGR IN 2026 — KADIRS CHAIRMAN. (PHOTO).

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 Kaduna Targets ₦120bn IGR In 2026 — KADIRS Chairman   Kaduna State has set an Internally Generated Revenue (IGR) target of ₦120 billion for the 2026 fiscal year, with the Kaduna State Internal Revenue Service (KADIRS) expected to play a central role in achieving the target. The Executive Chairman of KADIRS, Jerry Adams, FCTI, FNIM, FCE, CNA, disclosed this during the Service’s Annual Performance Review, Work Plan, and Strategic Retreat.  He explained that although the state government approved ₦74 billion as KADIRS’ official revenue target, the Service raised its internal benchmark to ₦80.09 billion to motivate staff to exceed expectations. He further stated that the proposed 2026 budget by the Kaduna State Planning and Budget Commission stands at ₦117.28 billion, with KADIRS expected to generate ₦74.28 billion, while Ministries, Departments, and Agencies (MDAs) are projected to generate ₦43.24 billion. According to Adams, the retreat was convened to strengthen implement...
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PRESIDENT BUHARI APPROVED THE EXTENSION OF VAID TO JUNE 30,2018.

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      President Muhammadu Buhari has approved the extension of the Voluntary Assets and Income Declaration Scheme (VAIDS) to June 30, 2018.
The short extension after the original March 31 date is based on the appeals of professional bodies and individual taxpayers. However, no further extension of time will be approved after June 30.
The President added that a new date was also given, based on the conviction of Federal Ministry of Finance that the overall objective to increase compliance will be attained, and additional revenue will accrue.

A fresh Executive Order will be made to give legal backing to the new timeline.
According to President Muhammadu Buhari, "For a nation of people who are competitive and driven, it is not a pride that we are the lowest performer in tax to GDP, not just in Africa, but in the world.”
“Nigeria's growth needs are such that every Nigerian must do his duty to his nation, to his neighbour, and to himself.”
"Hiding monies overseas, evading taxes by manipulation, and other unwholesome practices, have never developed a country, and for Nigeria to attain her true potential, these must stop.”
The President urged Nigerian companies and individuals to join government in the rebuilding mission, "and do the right thing by taking this window of extension to regularize."
He added that the right thing may not be convenient or comfortable, "but in the long run, we will all have a nation we can be proud of." PMB further urged tax authorities to use the extension window to perfect plans to prosecute those who fail to regularize their tax status.Voluntary Assets and Income Declaration Scheme (VAIDS) is one of the key policies being used by the Federal Government to reposition the Nigerian economy and correct inherited underdevelopment.
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