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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NIGERIA SPENDS N3 TRILLION ON PETROL IMPORTS IN 42 DAYS DESPITE DANGOTE REFINERY. (PHOTO).

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 Nigeria Spends N3 Trillion on Petrol Imports in 42 Days Despite Dangote Refinery


Nigeria has reportedly spent a staggering N3 trillion on petrol imports within just 42 days, despite ongoing efforts to boost local refining through the Dangote Refinery. The high expenditure highlights the country’s continued reliance on fuel imports, raising questions about the capacity and utilization of local refining infrastructure.  


The Dangote Refinery, which began limited operations earlier this year, was expected to reduce Nigeria’s dependence on imported fuel. However, the scale of recent import costs suggests that local production is yet to meet domestic demand.  


This development adds pressure on the government to address the inefficiencies in the downstream sector and prioritize refining capacity expansion to save costs and strengthen energy security.

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