✕ CLOSE Online Special City News Entrepreneurship Environment Factcheck Everything Woman Home Front Islamic Forum Life Xtra Property Travel & Leisure Viewpoint Vox Pop Women In Business Art and Ideas Bookshelf Labour Law Letters
Click Here To Listen To Trust Radio Live
SPONSOR AD

Hardship: Borno introduces tax relief to ease doing business

The Borno State Internal Revenue Service (BOIRS) said it has introduced tax relief to reduce hardship and ease of doing business in the state. The…

The Borno State Internal Revenue Service (BOIRS) said it has introduced tax relief to reduce hardship and ease of doing business in the state.

The executive chairman of the service, Prof Bello Alhaji Ibrahim, disclosed this at a press conference in Maiduguri on Saturday.

Ibrahim explained that Governor Babagana Umara Zulum has signed executive order 5 that established a grievance redress mechanism.

He noted that all governments around the world rely on tax revenue to engage in meaningful development projects.

Ango Abdullahi backs return to parliamentary government

EFCC arrests 11 suspected currency racketeers in Kano

He also revealed that the service was able to block leakages and generate N2.8bn IGR between January 1 and February 15, 2024.

He said the service collected N1.7bn in revenues in January while N1.1bn had been generated from February 1 to 15.

Ibrahim said the service also generated N19.4bn from Ministries, Departments and Agencies as well as local government councils in 2023.

 

Join Daily Trust WhatsApp Community For Quick Access To News and Happenings Around You.

Do you need your monthly pay in US Dollars? Acquire premium domains for as low as $1500 and have it resold for as much as $17,000 (₦27 million).


Click here to see how Nigerians are making it.