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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EGYPT OVERHAULS CABINET AS ECONOMIC PRESSURES, POWER CUTS PERSIST. (PHOTO).

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 Egypt overhauls cabinet as economic pressures, power cuts persist


Egyptian President Abdel Fattah al-Sisi swore in a reshuffled cabinet on Wednesday that includes new finance and foreign ministers in a government facing challenges including the Gaza war on its border, economic woes and persistent power cuts.


When the resignation of the previous cabinet was announced a month ago, Sisi reappointed Prime Minister Mostafa Madbouly and said his new government should focus on lowering inflation and regulating markets as well as boosting investment, Reuters reported.


Sworn in as the new finance minister was Ahmed Kouchouk, formerly deputy finance minister and facing perhaps the biggest challenge in managing a stumbling economy and a debt burden that has soared in recent years.


At the foreign ministry, Egypt's ambassador to the European Union, Badr Abdelatty, replaces Sameh Shoukry, a veteran who has steered Egypt's diplomatic efforts to contain the impact of the war in Gaza.


Karim Badawi was appointed as petroleum minister, Mahmoud Esmat as electricity minister and General Abdel Majeed Saqr as defence minister.

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