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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FAKE TAX CLEARANCE CERTIFICATES: MDAs TO AUTHENTICATE CERTIFICATES BEFORE PAYMENT-ADEOSUN.#PRESS RELEASE TODAY.

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   FEDERAL MINISTRY OF FINANCE
PRESS STATEMENT
Tuesday, 19th June, 2018

  The Federal Government has mandated all Ministries, Departments and Agencies of government (MDAs) and the Federal Inland Revenue Service (FIRS) to authenticate all Tax Clearance Certificates (TCCs) presented by companies and individuals engaged in public procurement processes.
2. This directive is in response to the proliferation of forged TCCs purportedly issued prior to the automation of the certificates from 22nd August, 2017. The validation of the TCCs will enhance the integrity of the tax system.
3. A Circular issued on Tuesday by the Honourable Minister of Finance, Mrs. Kemi Adeosun, requires the MDAs to authenticate all TCCs prior to making any payment. Electronic TCCS (e-TCCs) can be verified via logging into https//tcc.firs.gov.ng and taking the following steps: click on verify e-TCC, enter the TCC number and complete the captcha, and click on submit to view the TCC number entered.
4. For TCCs issued before 22nd August, 2017, the Circular advised the MDAs and other stakeholders to forward a list of the companies and photocopies of the TCCs to the office of the Executive Chairman, FIRS for authentication. The FIRS has undertaken to verify the TCCs within 72 hours of receipt.
5. The Minister reminds Company Directors that possession is an offense. The now outdated manual system allowed production of forged TCCs. Companies and individuals in doubt as to the authenticity of their TCCs are advised to take advantage of the Voluntary Assets and Income Declaration Scheme (VAIDS) to regularise.
6. She added that the Federal Ministry of Finance and the FIRS will continue to work in partnership with government at all levels and stakeholders towards eradicating tax fraud and evasion.
7. The Federal Government, it will be recalled, had in January 2018 directed vendors of MDAs to display their Tax Identification Numbers (TINs) on their invoices before payments are effected. The non-presentation of a TIN by the vendors largely contributed to leakages in revenue remittances, particularly Value Added Tax (VAT) and Withholding Tax (WHT).
Signed:
Oluyinka Akintunde
Special Adviser, Media & Communications
to the Hon. Minister of Finance
Federal Ministry of Finance
19th June,2018.
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