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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DANGOTE REFINERY TO SUPPLY 25 MILLION LITRES DAILY- NMDPRA. (PHOTO).

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 Dangote refinery to supply 25 million litres daily — NMDPRA


The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has announced that the Dangote Refinery is set to supply 25 million litres of petrol daily to the Nigerian market


The $20 billion refinery, which has a capacity of 650,000 barrels per day, is expected to increase this supply to 30 million litres per day by October.

 

The regulatory authority disclosed that during a meeting held in Abuja on Tuesday, an agreement was reached between the NMDPRA and the Nigerian National Petroleum Company Limited (NNPCL) to commence the sale and supply of crude oil to the Dangote Refinery in local currency.


“The refinery is now poised to supply an initial 25 million litres of PMS into the domestic market this September,” the NMDPRA stated.


“This amount will be increased to 30 million litres daily from October 2024.”


The refinery, one of the largest in Africa, is expected to play a critical role in addressing Nigeria’s fuel supply challenges and reducing dependence on imported petrol.

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