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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DRC OPENS MAJOR FINANCIAL CENTRE BUILT BY TURKISH FIRM. (PHOTO).

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DRC opens major financial centre built by Turkish firm


DRC has opened a major financial centre in the capital Kinshasa built by Turkish firm, Milvest.


In an effort to promote the country's economy, the Democratic Republic of Congo (DRC) has launched a major financial centre in the capital Kinshasa.


The Kinshasa Financial Center is strategically located in Gombe district, western DRC.


The construction of 11 buildings in a165,000-square metre area started in February 2022, and was completed in December 2023.


The design and construction of the modern building has been done by Turkish construction company Milvest, a subsidiary of Miller Holding.


Record time


The foundation stone was laid in June 2022. It has taken Turkish engineers one-and-a-half years to complete the major project.


At least 3,000 workers, including 1,500 Congolese and 1,500 Turks, have worked on the construction.


If it was one of the dreams of President Felix Tshisekedi to build DRC, and place it in a unique position globally, the dream has been achieved after opening the financial centre.


When the centre officially starts operations, 5,000 people are expected to work at the facility.

 

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