Plateau Hits ₦40bn Revenue Milestone, Sets ₦65bn Target for 2026

By Israel Adamu, Jos

The Plateau State Government has announced a historic rise in its Internally Generated Revenue (IGR), surpassing ₦40 billion for the first time in 2025, as fiscal reforms aimed at easing the burden on taxpayers begin to yield positive results.

The Plateau State Internal Revenue Service (PSIRS) disclosed this on Monday during a press briefing in Jos, where its Executive Chairman, Dr. Jim Wayas, reviewed the agency’s performance from 2022 to 2025 and unveiled revenue projections for 2026.

Dr. Wayas described the briefing as an annual performance review to evaluate achievements, challenges and the impact of policy reforms on revenue generation across the state.

According to him, PSIRS achieved 94 per cent of its budgeted revenue target in 2025, marking the highest performance since the agency’s establishment and contributing significantly to the ₦40 billion IGR milestone.

He noted, however, that revenue performance among Ministries, Departments and Agencies (MDAs) recorded mixed outcomes. While MDAs achieved 100 per cent of their targets in 2023, the first year of the current administration, performance dropped to 77 per cent in 2024 and further declined to 70 per cent in 2025.

Dr. Wayas explained that PSIRS has intensified operational reforms, including the full automation of revenue processes and the elimination of cash collections, to block leakages and improve efficiency.

Looking ahead, he disclosed that the service has set an ambitious ₦65 billion revenue target for 2026, stressing that the strategy would focus on expanding the tax base by capturing previously untaxed individuals and businesses, rather than increasing tax rates for compliant taxpayers.

He acknowledged persistent challenges in some sectors, particularly mining, which falls largely under federal jurisdiction. To address this, he said PSIRS is tracking mining operators through banking transactions with a view to integrating them into the state’s tax net.

On the issue of multiple taxation, Dr. Wayas said new laws have been enacted to consolidate levies. He noted that while an existing Memorandum of Understanding (MoU) with local governments provides for the issuance of single demand notices, implementation challenges remain.

He added that the newly enacted Plateau State Tax and Levies Act is designed to harmonise tax collection at both state and local government levels.

The PSIRS chairman also highlighted daily ticketing for tricycle operators—previously dominated by non-state actors—as a priority area. According to him, the state is working towards a unified inter-state ticketing policy using stickers and a single consultant, while addressing overlaps between state and local government authorities.

Dr. Wayas stressed that the service adopts a non-punitive approach toward compliant taxpayers, focusing on inclusion and voluntary compliance. For defaulters, he said enforcement begins with demand notices, while Alternative Dispute Resolution (ADR) mechanisms are encouraged as quicker and more cost-effective alternatives to litigation.

He reaffirmed the Plateau State Government’s commitment to transparency, efficiency and sustainable economic growth, noting that resolving issues such as mining revenue, multiple taxation and jurisdictional overlaps may ultimately require constitutional amendments to achieve a unified national tax system.

Despite the challenges, Dr. Wayas said the administration remains committed to taxpayer-friendly policies that promote economic development and long-term fiscal stability in the state.

Hot this week

Omo-Agege Cautions Oborevwori Against Reigniting Political Tension, Says 2023 Rivalry Is Over

By Anne AzukaFormer Deputy Senate President, Ovie Omo-Agege, has...

Kaduna Gov Praises Tinubu for Approving Over N1trn Contracts to Transform State

By Achadu Gabriel, KadunaKaduna State Governor, , has commended...

His Last Words Were “I’m Innocent”, yet Nigeria Didn’t Listen

By Covenant DaaorIn a country where citizens already grapple...

NEW LAFIA BYPASS ENDS YEARS OF TRAFFIC NIGHTMARE, TRANSFORMS MOBILITY AND LIVELIHOODS

BY MOHAMMED MUSAResidents and motorists in Nasarawa State are...

Beyond the old stories

There is something fundamentally flawed with the operations of...

One killed, two injured in fresh bandits attacks in Kogi Community

From Noah Ocheni , Lokoja Unknown  gunmen suspected to be...

One Killed, Two Injured in Attacks on Kogi Communities

By Noah Ocheni, LokojaA resident has been killed and...

NIESV Seeks Stronger Government Partnership to Unlock Kogi Assets Through Valuation

By Noah Ocheni, LokojaThe Nigerian Institution of Estate Surveyors...

Pursue 2027 Ambitions Lawfully, Diri Tells Bayelsa Politicians

Governor of Bayelsa State, Senator Douye Diri, has advised...

Epie-Atissa Kingdom Backs Clifford for APC Ticket

Stakeholders of the Epie-Atissa Kingdom have thrown their weight...

FUL Political Science Department Felicitates Prof. Salisu Usman Ogbo as Vice-Chancellor, PAAU Anyigba

From Noah Ocheni, LokojaThe Department of Political Science, Federal...

PDP Crisis: Wike Challenge Turaki led- Rival Faction to Commence operational Secretariat

By Joyce Remi- BabayejuThe FCT Minister, Barr. Nyesom Wike,...

Related Articles

Popular Categories

spot_imgspot_img