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...

CENTRAL BANK OF LIBYA RESUMES OPERATIONS AFTER RELEASE OF DIRECTOR. (PHOTO).


 Central Bank of Libya Resumes Operations After Release Of Director


The Libya’s Central Bank (CBL) has resumed its operations after an abducted bank official was released.


CBL announced in a statement that it would resume operations, citing the release and safe return of Musab Msallem, its head of information technology.


Msallem was abducted on Sunday morning by an “unknown party” and this prompted the Central Bank to halt all operations pending his release.


The kidnap occurred a week after armed men attacked the central bank’s headquarters in Tripoli.


Reports say the primary motive behind the attack was to force the resignation of the Central Bank, Seddik al-Kabir whom have been in office since 2012.


Kabir has been scrutinised, even by individuals associated with Prime Minister Abdulhamid Dbeibah, for the way Libya’s oil resources and the state budget are being handled.


The central bank is the only internationally recognised depository for Libyan oil revenues, which provide vital economic income for a country torn for years by conflict between two rival governments in Tripoli and Benghazi.

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