testercika
Home Business Enugu Generates N35.9bn IGR in Seven Months
Business

Enugu Generates N35.9bn IGR in Seven Months

Share
Enugu Generates N35.9bn IGR in Seven Months | Daily Report Nigeria
Share

 

 

Enugu State Government has recorded a significant increase in its Internally Generated Revenue (IGR), raking in N35.9 billion between January and July 2024. This surpasses the N33.9 billion generated in the entire 2023.

ATTENTION: Click HERE to join our WhatsApp group and receive News updates directly on your WhatsApp!

 

According to the Executive Chairman of Enugu State Internal Revenue Service (ESIRS), Emmanuel Nnamani, the state currently records an average tax collection of N5 billion monthly. He attributed the success to the proactive efforts of the state government, including the activation of dormant taxes and expansion of the tax net.

 

Nnamani stated, “We activated the collection of capital gain tax arising from sale of lands at the Ministry of Land and Housing… We also activated the purchase tax that hitherto was in the law but was not implemented.”

 

The government has expanded payment gateways to include platforms like Moniepoint, Interswitch, Quickteller, E-transact, and Flutterwave to ease tax payment for businesses.

 

Nnamani urged residents to partner with the government by paying their taxes, stressing that the revenue generated would be used for infrastructural development.

 

 

Share

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Articles
Naira Strengthens Slightly to N1,598.72/$ Amid Renewed Forex Stability Hopes | Daily Report Nigeria
Business

Naira Strengthens Slightly to N1,598.72/$ Amid Renewed Forex Stability Hopes

The Naira appreciated slightly against the U.S. Dollar, closing the week at...

FAAC Boosts Allocation to N1.681 Trillion in April Amid Rise in Oil, VAT Revenue | Daily Report Nigeria
Business

FAAC Boosts Allocation to N1.681 Trillion in April Amid Rise in Oil, VAT Revenue

FAAC shared N1.681 trillion in April 2025 revenue among the Federal Government,...

Nigeria’s Inflation Drops to 23.71% in April | Daily Report Nigeria
Business

Nigeria’s Inflation Drops to 23.71% in April

Nigeria’s inflation rate declined to 23.71% in April 2025, from 24.23% in...

Nigerian Startups Shine on Financial Times' Africa's Fastest-Growing Companies List | Daily Report Nigeria
Business

Nigerian Startups Shine on Financial Times’ Africa’s Fastest-Growing Companies List

Six Nigerian startups have been listed on the Financial Times’ 2024 ranking...

RocketplayRocketplay casinoCasibom GirişJojobet GirişCasibom Giriş GüncelCasibom Giriş AdresiCandySpinzDafabet AppJeetwinRedbet SverigeViggoslotsCrazyBuzzer casinoCasibomJettbetKmsauto DownloadKmspico ActivatorSweet BonanzaCrazy TimeCrazy Time AppPlinko AppSugar rush