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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HIGH-STAKES LEGAL DRAMA UNFOLDS AS EMEFIELE'S TRIAL FACES JANUARY 18 SHOWDOWN. (PHOTO).

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High-Stakes Legal Drama Unfolds as Emefiele’s Trial Faces January 18 Showdown

In a riveting turn of events, the Federal Capital Territory High Court has deferred the continuation of the alleged procurement fraud trial involving the former Central Bank of Nigeria’s Governor, Godwin Emefiele, to January 18, 2024.

Emefiele stands accused of leveraging his position to grant a corrupt advantage, purportedly awarding a staggering N1.2 billion contract for 43 vehicles to CBN staff member Sa’adatu Yaro between 2018 and 2020.

Following his arrest, Emefiele spent time in the confines of the Kuje Correctional Centre, awaiting a ruling on his bail application.

On November 22, Justice Hamza Muazu granted him bail in the substantial sum of N300 million. However, this legal reprieve comes with stringent conditions, as the former CBN governor must secure two sureties, each possessing certificates of occupancy and titles to properties within Abuja’s upscale Maitama district.

As the high-profile case unfolds, the spotlight remains fixed on Emefiele, who, as of now, has been unable to meet the stringent bail conditions.

The scene at the court was intense as armed personnel from the Nigerian Correctional Service escorted him in and out, underscoring the gravity of the allegations surrounding one of the nation’s former financial leaders.

 

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