x

Plateau Nets N7.046B as IGR in 3rd Quarter


Ugar Ukandi Odey, Jos

Plateau State Government netted N7, 046, 895, 357.27 as internally generated revenue for the third quarter of 2020 fiscal year that spanned from July to September.


Presenting the second and third quarter report of the Plateau State Internal Revenue Service, the Chairman of the Service, Dashe Arlat, said the revenue for the second quarter stood at N2, 196, 735, 606.11, a sharp drop from the first quarter figure of N7, 203, 329,641. 61 as a result of the closure of businesses as a result of the lockdown to check the spread of the covid-19 pandemic


According to the Chairman, “the PSIRS devised it’s strategies and poised itself to meet and even surpass it’s 2020 target of N16 billion. In addition to strengthening and intensifying productive strategies deployed in 2019, PSIRS adopted more strategies”.
Some of these strategies, he maintained, ranged from enhanced data collection to aggressive pursuit of tax defaulters, aggressive drive in the informal sector, and combing all discernible business districts to capture all taxable outfits.


The Chairman stated that, in view of the pangs of the pandemic on businesses, “the Service quickly introduced palliative tax relief measures to help mitigate the adverse effects oxf the covid-19 on Plateau businesses”.


He said some of the measures included extension of time lines to fill annual returns, waiver of penalties and interests, to suspension of enforcement of outstanding tax liabilities.

Hot this week

Sen. Aduda Resigns from PDP, Cites Party Crisis

By Joyce Remi-BabayejuFormer Senator representing the Federal Capital Territory...

Bandits Threaten to Kill 32 Abducted Kaduna Villagers Over ₦30m Ransom

Residents of Kutaho and Kugir communities in Aribi Ward,...

Alleged ₦8.7bn Fraud: EFCC Witnesses Reveal Bank Transactions Linking Malami’s Family

The trial of former Attorney-General of the Federation, Abubakar...

Police Arrest Suspected Illegal Arms Fabricator in Akwa Ibom

Police in Akwa Ibom State have arrested two men...

Uchenna Awom Announces Passing of Mother-in-Law, Funeral Set for March 27

Media professional and adviser to Senator Enyinnaya Abaribe, Uchenna...

Dispute Emerges Over Reported Suspension of Senator Abaribe by Abia APGA

Questions have emerged within the All Progressives Grand Alliance...

Related Articles

Popular Categories

spot_imgspot_img