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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MALAWI'S PRESIDENT BANS HIMSELF AND HIS CABINET FROM ALL INTERNATIONAL TRAVEL IN A BID TO SAVE MONEY FOR HIS COUNTRY. (PHOTO).

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Malawi's President Lazarus Chakwera bans himself and his cabinet from all international travel  in a bid to save money for his country


The president disclosed this during a televised address on Thursday, November 16. 


The measure follows a huge devaluation of the currency as Malawi secures a loan from the International Monetary Fund (IMF) to boost its ailing economy.


Mr Chakwera has also ordered all ministers currently abroad to return home.


Fuel allowances for senior government officials have been cut by 50%.


Malawi's economy has been undergoing turbulent times, characterised by an acute shortage of petrol and diesel, as well as high inflation.


Mr Chakwera said the measures would remain in place until the end of the financial year in March 2024.


As part of moves to ease the cost-of-living crisis, the president has asked the finance minister to make provisions for a reasonable wage increase for all civil servants in the next budget review.


He has also ordered a lowering of income tax on individuals in the upcoming budget, to help workers whose incomes have lost value.

 

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