
THE Kwara State Governor, Dr. Abdulfatah Ahmed has said that with improved Internally Generated Revenue ( IGR) states will depend less on the Federation Account Allocations to meet their financial obligations, especially payment of workers’ salaries.
Gov. Ahmed said this over weekend in Ilorin, the Kwara State capital, added that the recent bailout by the federal government to all tiers of government for the offsetting of outstanding salaries of workers, though an interim measure, would give the states opportunity to work out new modalities of improving their revenue base.
The governor described the bailout and the decision of President Muhammadu Buhari and Vice President Yemi Osinbajo to slash their salaries by 50 per cent as proactive reactions to the sensibilities of Nigerians and prevailing economic challenges in the country.
He added that the measures were testimonies that the All Progressives Congress’ change mantra will usher and entrench new values of responsive governance, financial prudence and economic revitalization in the country.
Gov. Ahmed however said his administration was addressing the effects of the continuous shortfalls in federation accounts allocation to the state through the improved IGR as the Kwara State Internal Revenue Service was established to identify and block loopholes in tax collection mechanism in the state.
He assured the people of the state that the new measures will address shortfalls in tax collections in order to boost the state’s capacity to meet its obligations to the people