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...

US IMPORTS $643M IN NIGERIAN GOODS AHEAD OF TARIFF HIKE. (PHOTO).


 US Imports $643m in Nigerian Goods Ahead of Tariff Hike


The United States imported $643.1 million worth of goods from Nigeria in the first two months of 2025, just ahead of new tariffs set to take effect on April 9 under the Trump administration.


While the tariffs have sparked concerns over potential trade impacts, key Nigerian exports like oil and minerals are exempted.


Data from the US International Trade Commission shows a 32.4% drop in customs-based imports year-on-year, falling from $951.6 million in 2024. Despite the decline, Nigeria’s trade balance improved, shifting from a $158.8 million deficit to a $44.3 million surplus.


Total trade between both nations in the period stood at $1.33 billion, underscoring strong bilateral ties amid evolving trade policies.

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