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...

BANK MANAGER BAGS FIVE YEARS FOR N27M THEFT.{PHOTO}.#PRESS RELEASE.

Justice Adie A. Onyebueke of the Cross River State High Court, Akamkpa, has sentenced one Augustine Effiong Bassey to five years imprisonment for stealing N27 million, belonging to a microfinance bank, where he was a branch manager.
He was prosecuted by the Enugu Zonal Office of the Economic and Financial Crimes Commission, (EFCC), on a one-count charge of stealing.
The charge read, “That you, Augustine Effiong Bassey (‘m’), sometime between 2010 and 2012 at Uyanga, Cross River State, within the jurisdiction of the High Court of Cross River State, with the intent to defraud, stole the sum of N27,300,000 (Twenty-seven Million, Three Hundred Thousand Naira), being property of Ekondo Microfinance Bank Limited and thereby committed an offence punishable under Section 390 of the Criminal Code law, CAP C16 (VOL 3) of the Laws of Cross River State of Nigeria,2004 and punishable under Section 390(9) of the same Law.”
He pleaded “not guilty” to the charge, thus setting the stage for his trial.
With prosecution counsel, Fortune Amina I. Asemebo proving the case beyond reasonable doubt, Justice Onyebueke convicted and sentenced him to prison, with an option of restituting the sum of N15 million to Ekondo Microfinance Bank.
Bassey’s journey to prison began sometime in July 2016 when he was arrested by the EFCC upon intelligence that he used his position as the branch manager of Ekondo Microfinance Bank, Uyanga, Cross Rivers State to convert the sum of N27.3 million (Twenty Seven Million, Three Hundred Thousand Naira), belonging to bank to his private use.
He did this by personally carting away the sum from the bank's vault and gave to his fronts for execution of non-existent contracts for the bank.
Image may contain: 1 person, text that says "NAME :AUGUSTINE EFFIONG BASSEY OFFENCE STEALING CRNO. CR NO. RN0.-327-2016 -327"

 

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