By Agency Report <\/p>\n
On Friday, the Enugu State Internal Revenue Service Chairperson, Emmanuel Nnamani, said the state generated N35.9 billion in the first seven months of 2024.<\/p>\n
Mr Nnamani disclosed this in Enugu while speaking at a programme to mark his first anniversary in office.<\/p>\n
He said the state could record the feat owing to the machinery Governor Peter Mbah put in place to boost revenue collection and block leakages.<\/p>\n
According to him, the revenue was generated through e-ticket sales, Pay-As-You-Earn collection, land use charges, withholding, capital gain, and consumption taxes, among other things.<\/p>\n
\u201cWe can say that in seven months of 2024, the state has recorded N35.9 billion in Internally Generated Revenue (IGR), compared with N33.9 billion recorded for the whole of 2023.<\/p>\n
\u201cThis gives us an average collection of N5 billion every month,\u201d he said.<\/p>\n
Mr Nnamani explained that when he came on board, he introduced e-ticketing for collecting taxes from the informal sector, capturing markets, transporters, artisans, etc.<\/p>\n
He described e-ticketing as a disruptive means of informal sector tax collection.<\/p>\n
He noted that in the informal sector, taxes were paid to non-state actors instead of the government\u2019s coffers before now.<\/p>\n
\u201cThis year, we have recorded over N2.3 billion from the informal sector and it is an achievement.<\/p>\n
\u201cWe also discovered that in the core area of taxes like Pay-As-You-Earn Tax, withholding taxes on individuals, only a few companies remit these taxes to Enugu government,\u201d he said.<\/p>\n
He further said the government had digitalised tax collection by expanding the gateway to six, including InterSwitch, Remita, E-transact, portal, and Monie Point.<\/p>\n
\u201cAll these are to ease our ways of tax collection, and with this little effort, our taxes have begun to rise.<\/p>\n
\u201cThere were dormant taxes also that we activated such as Capital Gain Tax to boost IGR generation.<\/p>\n
\u201cWe equally activated purchase tax, which had not been activated for collection. They are majorly on hotels and other support services in the state like sales of beer, cigarettes, cars and others,\u201d he said.<\/p>\n
He added that the government expanded the collection of land use charges by activating the Geographic Information System.<\/p>\n
\u201cWe have proof that the number of properties within Enugu Metropolis and sub-urban are more than 290,000, and we want to make sure every single property owner pays land use charge,\u201d Mr Nnamani said.<\/p>\n
(NAN)<\/p>\n","protected":false},"excerpt":{"rendered":"
By Agency Report On Friday, the Enugu State Internal Revenue Service Chairperson, Emmanuel Nnamani, said … <\/p>\n","protected":false},"author":2,"featured_media":10754,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false},"version":2}},"categories":[9],"tags":[],"class_list":["post-11329","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"jetpack_publicize_connections":[],"yoast_head":"\n