Borno records N28.3 billion IGR in 2024, despite terrorism and insurgency.
By Tada Jutha, Maiduguri
The Borno State Internal Revenue Service (BOIRS) has generated N28.3 billion in internally generated revenues (IGR) in 2024, despite the insurgency and last September floods that devastated the Maiduguri metropolis and Jere local council areas.
Unveiling the revenue increase on Thursday at a press briefing in Maiduguri, the Executive Chairman of BOIRS, Prof. Bello Alhaji Ibrahim, disclosed, “Our revenue target for last year rose from N19.3 billion in 2023 to N28.3 billion, or 47.4% of the collected revenues in December 2024.”
Ibrahim attributed the about 50% increase in IGR to the digitalisation of over 4,000 business premises and outfits, tax payment convenience, and the persuasions of people to pay their taxes that are due to the state government.
According to him, other factors that led to last year’s revenue rise included Governor Babagana Zulum’s grant of two years of tax breaks for the Maiduguri Monday Market businessmen and traders.
He noted that the tax breaks followed the last September flood disasters that destroyed over 80 percent of the market’s shops, goods, and services.
Besides the tax breaks, he said, “The people have supported our revenue services in meeting our revenue targets in 2024,” as well as the regular payments of tenements on the various land the business premises and outfits are located in in the state.
Speaking on the challenges of revenue collection, the Executive Chairman pointed out that there was resistance from some local government officials to BOIRS’s tax profiles.
He explained that this led to the reduction in the collection of taxes by 7 percent.
He added that during the period under review, the revenue service also recorded 4,500 complaints from the general public, including the ones in the health and industrial sectors.
Borno records
