2025: Kano targets over N80bn revenue, to prosecute tax defaulters
The Kano State Government says it is targeting a revenue generation projected at over N20 billion in each quarter of 2025. It also declared that the prosecution of all tax defaulters in 2025 would commence as part of its major reforms in tax administration. The Executive Chairman of Kano State Internal Revenue Service (KIRS), Dr. […]
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The Kano State Government says it is targeting a revenue generation projected at over N20 billion in each quarter of 2025.
It also declared that the prosecution of all tax defaulters in 2025 would commence as part of its major reforms in tax administration.
The Executive Chairman of Kano State Internal Revenue Service (KIRS), Dr. Zaid Abubakar, made the disclosure during a presentation to the governor at the ongoing High-Level Retreat for top government officials, according to the Governor’s spokesperson, Sanusi Bature Dawakin Tofa.
Dr. Abubakar clarified that the reform was not aimed at increasing taxes but at improving the efficiency of tax collection and ensuring compliance with tax regulations.
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He noted that Kano State had projected the generation of over N20bn in revenue each quarter of 2025.
Recall that Governor Abba Kabir Yusuf had sacked the immediate past chairman of the revenue service and appointed a new management structure.
“This decision has significantly improved the agency’s performance in the third and fourth quarters of 2024.
“To ensure effective reforms in revenue generation, the Governor will commission a new model for tax collection.
“This model is expected to substantially increase revenue generation for the 2025 fiscal year, enabling the administration to fulfill its campaign promises across various critical sectors of development,” he said.