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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LAGOS WOMAN ARRESTED WHILE HAWKING NAIRA NOTES AT EKO CLUB,JAILED.(PHOTO).#PRESS RELEASE.

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 Woman Bags Jail Terms for Money Racketeering in Lagos

The Lagos Zonal Command of the Economic and Financial Crimes Commission, EFCC on Friday, March 15, 2024 secured the conviction and sentencing of one Bose Lateef before Justice Deinde Dipeolu of the Federal High Court sitting in Ikoyi, Lagos, for an offence bordering on money racketeering. 

She was arraigned by the EFCC on a one- count charge bordering on Naira Racketeering under Section 21(4) of the CBN Act.

The count reads: “That you, BOSE LATEEF on or about the 16 day of February, 2024 al Eko Club, Surulere, in Lages within the jurisdiction of this Honourable Court hawked the sum of N269,000.00 (Two Hundred and Sixty Nine Thousand Naira), in N500 (Five Hundred Naira) denominations, issued by the Central Bank of Nigeria and thereby committed an offence contrary lo 21(4) and punishable under Section 21(1) of the Central Bank of Nigeria Act. 2007."
 
She pleaded “guilty” to the charge preferred against her. 

Following her guilty plea, counsel to the EFCC, A.S. Wara called on Olagunjo Abdulmalik, an operative of the EFCC, to review the facts of the case.
 
Abdulmalik told the court that the defendant was arrested on February 15, 2024 while hawking Naira notes at Eko Club, Surulere, Lagos, following credible intelligence received by the Commission. 

Speaking further, he said the sum of N507,500 (Five Hundred and Seven Thousand, Five hundred Naira) was recovered from her at the point of arrest.
"Upon her arrest by operatives, she was duly cautioned and the defendant volunteered her statement, in which she confessed that  she was into money racketeering and hawking of Naira notes," he said. 

Wara, thereafter, sought to tender, in evidence, the defendant’s statements, and the N507,500( Five Hundred and Seven Thousand, Five hundred Naira) recovered. 
 
Justice Dipeolu admitted and marked them as exhibits against her.
Thereafter, the trial judge declared her guilty as charged. 
 
Defence counsel, Kolapo Gbadamosi, prayed the court for leniency.

"The money found in her possession was a loan she took from a cooperative society," he said.

He prayed the court to "please give her the money so she can return to the owner and forgive her as she is a first-time offender and is sorry for her actions". 
 
Justice Dipeolu sentenced her to one month imprisonment to commence from the day of her arrest by the EFCC. The court also ordered the sum of N507,500 cash should be returned to her.
 

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