Our Ambition Is To Offset Monthly And Annual Wage Bills Through IGR By The Year 2027 – Katsina Governor

By Suleiman Anyalewechi

The Katsina State Governor  Dikko Radda has said that his administration is poised to surpass its N20 billion targeted internally generated revenue projection for the 2024 fiscal year.

This is even as he announced a bumper sum of N4.08 billion as internally generated revenue  for the first quarter of the year representing a staggering 227% increase from the N1.79 billion generated during the corresponding period in 2023 .

In a statement issued on Sunday, June 9, 2024 by his Media Aide Ibrahim Kaula Mohammed, the Governor attributed the cheering development to the  religious implementation of the ” Building Your Future Policy Document” of his administration.

According to him, the blueprint has paved the way for ground-breaking  initiatives, such as the State’s Treasury Single Account and the recently implemented E-tax billing system .

Governor Dikko insisted that these reforms have not only streamlined tax and revenue collections ,but also fostered an inclusive  environment ,ensuring that no stone is left unturned in the quest for economic growth.

“One of the key catalysts for this extraordinary. success has been the administration’s unwavering commitment to plugging leakages in the state’s financial system .

By identifying and addressing these vulnerabilities, the administration has effectively stemmed the tide of revenue loss ,paving the way for an unprecedented in flow of resources.

The administration’s overarching objective is to empower Katsina state to achieve a level of fiscal self sufficiency that will enable it offset its monthly and annual wage bills solely through internally generated revenue by the year 2027 .

However, at the current. pace of progress ,this ambitious goal may be realised even sooner than anticipated”, Governor Radda stated.