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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N320M MONEY LAUNDERING CHARGE: YOU HAVE A CASE TO ANSWER- COURT TELLS REPS. (PHOTO).#PRESS RELEASE

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EFCC PRESS RELEASE

N320m Money Laundering Charge: You Have a Case to Answer- Court Tells Reps

Justice F. Giwa Ogunbanjo of the Federal High Court sitting in Abuja, on Monday, January 22, 2024 told a member of the House of Representatives, Nicholas Mutu that he has a case to answer in an alleged N320 million money laundering case brought against him by the Economic and Financial Crimes Commission, EFCC.   

Mutu alongside Airworld Technologies Ltd and Oyien Homes, were dragged before the court by the EFCC on an amended 13 -count charge bordering on money laundering and gratification to the tune of N320m between August 2014 and August 2016. He was arraigned before the court while he was serving as the Chairman, House of Representatives’ Committee on the Niger Delta Development Commission, NDDC.
The prosecution, at the last adjourned date, closed its case after presenting four witnesses, while the defense made a no- case submission.

Justice Ogunbanjo while ruling on the no- case submission on Monday, January 22, 2024, told the defendant to enter his defence, ruling that the prosecution had presented sufficient evidence to establish a prima facie case against Mutu.

The EFCC counsel, Ekele Iheanacho, in his objection to the ‘no case submission' by the defense, argued that the money paid to the defendants by Starline Consultancy, a contractor to NDDC, was gratification.
Iheanacho further told the court that Mutu used his official position, as the chairman of the House Committee on NDDC, to influence the payment of money paid by the NDDC contractors, using Airworld Technologies Ltd.

After ruling that Mutu had a case to answer, Justice Ogunbanjo adjourned the case till February 21 and 22, 2024.



 

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