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...

NIGERIAN GOVT TO SPEND N900BN ON FUEL SUBSIDY IN 2022 DESPITE PETROLEUM INDUSTRY ACT.{PHOTO}.

Nigeria’s federal government says it is making provision for the controversial fuel subsidy as part of its expenditure in the 2022 budget.


This is according to the Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mele Kyari.


This is even as President Muhammadu Buhari has signed Petroleum Industry Act (PIA), with the government planning to deregulate the downstream sector.


The federal government is projecting N900 billion for fuel subsidy for 2022.


Mr Kyari spoke on Thursday at MTEF/FSP hearing organised by the Senate Committee on Finance in Abuja.

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