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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AJAY BANGA EMERGES NEW WORLD BANK PRESIDENT. (PHOTO).

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 Ajay Banga Emerges New World Bank President

May 3, 2023
    
The World Bank has announced the appointment of Ajay Banga as its next president, taking over from David Malpass on June 2.

The development lender has high hopes for Banga, who will lead the institution during a critical time as it seeks to improve its response to climate change.

Following a board vote, the World Bank released a statement expressing confidence in Banga’s leadership, adding that it looks forward to working with him on the organisation’s evolution process.

“The Board looks forward to working with Mr. Banga on the World Bank Group Evolution process,” the bank wrote.

Banga has been appointed for a five-year term.


 

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