Borno adopts unified revenue collection system
The Borno State Internal Revenue Service (BO-IRS) and Systemspec Limited (REMITA) have commenced the implementation of a Unified Revenue Collection System across the state. In a statement, yesterday, the board said the exercise, which started on February 2, had 21 agencies and institutions so far that have “gone live on the system and are fully […]
Borno State Internal Revenue Service (BO-IRS)
The Borno State Internal Revenue Service (BO-IRS) and Systemspec Limited (REMITA) have commenced the implementation of a Unified Revenue Collection System across the state.
In a statement, yesterday, the board said the exercise, which started on February 2, had 21 agencies and institutions so far that have “gone live on the system and are fully running.”
The statement said the 21 state agencies were receiving their approved “slip of payments/costs of collection automatically in their designated bank accounts ‘real-time on-line’ as transactions occur in their side of the system.”
It said all other un-enrolled ministries, departments, agencies and local government councils would have to be ‘eventually’ enrolled on the system, adding that no agency was exempted from being part of the system.
The system was in line with the requirements of the State Financial Transparency Accountability and Sustainability Programme (SFTAS) which the state signed with federal government and the World Bank in 2019.