Sunday, February 9, 2025

Kano Targets N80 Billion Revenue in 2025, Warns Tax Defaulters

The Kano State Government has announced plans to generate over ₦80 billion in internal revenue in 2025, aiming to fund critical development projects. The administration, led by Governor Abba Kabir Yusuf, emphasized that the initiative will enhance public services and improve living standards across the state.

“This reform focuses on efficient tax collection and compliance, not on burdening citizens with new taxes,” said Dr. Zaid Abubakar, Chairman of the Kano State Internal Revenue Service (KIRS). He revealed the goal of collecting over ₦20 billion each quarter during a revenue presentation at a government retreat.

Reforms to Drive Growth

Governor Yusuf’s administration has overhauled the Kano revenue agency, sacking its previous leadership and implementing a new management structure. The changes have already boosted performance in the latter half of 2024.

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To ensure transparency, the state launched a comprehensive review of expatriate businesses and accounts linked to Ministries, Departments, and Agencies (MDAs). This process, according to the governor, will close regulatory gaps and foster better coordination between the government and business operators.

Crackdown on Tax Defaulters

The government also announced plans to prosecute tax defaulters starting in 2025, signaling its commitment to reform. “This model will substantially increase revenue and allow us to deliver on our campaign promises,” the governor said in a statement.

Tax revenue will be channeled into sectors like water, health, education, urban renewal, and agriculture, ensuring meaningful impact. “Every taxpayer will see the benefits reflected in their daily lives,” Yusuf assured.

Commitment to Accountability

In August, the government discovered MDAs operating accounts outside designated revenue channels. Governor Yusuf directed all banks to transfer balances into new, transparent accounts managed by the state’s Accountant General.

As reforms take shape, Yusuf has urged residents to trust the administration’s commitment to using tax revenues efficiently. “We will continue to prioriti projects that uplift the people and drive economic growth,” he said.

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