IGR - Abia ThinkTank News

Apr

07

2025

0 Comments

By Abia ThinkTank

Abia State IGR: The Urgency Of Tax And Revenue Payments – By Ebere Uzoukwa Ph.D (SSA To Governor Otti On Public Affairs)

Abia State, Columns/Opinions/Letters, Good Governance, IGR, Politics

Abia State IGR: The Urgency of Tax and Revenue Payments Ebere Uzoukwa, Ph.D Abia State's Internally Generated Revenue (IGR) is vital for economic stability, particularly with dwindling oil prices affecting federal allocations. The Nigerian economy's heavy reliance on oil exports makes it vulnerable to fluctuations in global oil prices, impacting government revenue and economic growth. The decline in government revenue due to fluctuations in global oil prices has affected economic growth and development in Nigeria. Diversifying the economy through investments in agriculture, manufacturing, and services is essential for long-term economic stability. Under Governor Alex Chioma Otti's administration, Abia State has…

Arrests Looms As ASHTF Intensifies Hunt For Illegal Revenue Collectors, Calls On The Public To Report Suspects

Abia State, Crime, IGR, News Flash

ARRESTS LOOMS AS ASHTF INTENSIFIES HUNT FOR ILLEGAL REVENUE COLLECTORS, CALLS ON THE PUBLIC TO REPORT SUSPECTS. On Sunday, March 9, 2025,at around 6.30 am, the Aba area Coordinator of Abia State Harmonized Taskforce, Mr. Uche Wogu led a combined team of ASHTF operatives and officers of the Nigeria police, in a joint operation. The operation aimed to apprehend suspects involved in the illegal collection of revenue from traders in Ehi Road, Aba. The team successfully arrested 11 suspects, who were taken to the Ndiegoro Police Station. The suspects were allegedly collecting revenue on behalf of some communities, it was…

2024 Tax Reforms, Nigeria’s Fiscal Landscape And ABIA State: Matters Arising – By Chukwuemeka Ifegwu Eke

Abia State, Columns/Opinions/Letters, Good Governance, IGR

2024 Tax Reforms, Nigeria's Fiscal Landscape and Abia State: Matters Arising Nigeria's 2024 tax reforms aim to transform the country's fiscal landscape, and Abia State is no exception. The Presidential Committee on Fiscal Policy and Tax Reforms, established in 2023, is driving these changes. Here are key aspects of the reforms: Harmonization of Taxes: The committee proposes streamlining over 60 taxes and levies to a single-digit number, reducing the burden on citizens and businesses ¹ ². Digitization of Revenue Collection: The Federal Inland Revenue Service (FIRS) has introduced a USSD code for tax payment, making it easier and more convenient…