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Home Politics Yobe Tax Agency projects N15 billion revenue in 2025

Yobe Tax Agency projects N15 billion revenue in 2025

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The Yobe State Internal Revenue Service, YIRS, is targeting N15 billion as Internally Generated Revenue, IGR for 2025.

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The Executive Chairman of the Service, Suleiman Bakura, revealed this in an interview with newsmen in Damaturu.

He said the N15bn target is achievable through automation of the collection system, inter-agency collaboration and rigorous sensitization of the general public to support the government by paying taxes.

Bakura stated that the state has modernized its tax collection policies by introducing digital tools and staff capacity-building initiatives, with the goal of boosting Internally Generated Revenue, IGR, from N12 billion to N15 billion in 2025.

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According to the Chairman, the state tax collection agency has been tackling leakages and inefficiencies that have plagued it in the past, making the N15bn target realistic.

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He lamented that security challenges, particularly Boko Haram insurgents, have significantly impacted tax collection in Yobe State; by disrupting infrastructure, damaging businesses and ultimately reducing the tax base.

He, however, called on the residents, businesses and industries to pay their taxes to foster a conducive environment for businesses to thrive.

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