Nigeria: Kebbi Govt targets $44.7m internally generated revenue this year
Wednesday, 22 March 2017 04:04
The Kebbi State Government on Tuesday said it is targeting N14 billion ($44.7 million) in Internally Generated Revenue (IGR) this year.
The state Commissioner for Budget and Economic Planning, Zailani Muhammad, disclosed this at an interactive session with officials on how to find a way to boost the IGR of the state from N4 billion ($12.7 million) to N14 billion in 2017.
According to him, the government has worked out measures to achieve the target.
Muhammed explained that the state is rich in solid minerals such as Manganis and Kaoline in Fakai, Danko/Wasagu, Yauri and Bagudo; Iron Ore and clay in Suru while Koko/Besse has Amber Ore and clay.
“If these are properly harnessed, plus agricultural potentials, the state will overcome its economic challenges. Considering the falling price of the oil and the vandalism of oil installations by the Niger Delta militants, we are discouraging the states from depending on the federation allocation. These activities are decreasing the states federation allocation,” he added.
Anita Fatunji
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