The Bayelsa State Government has recorded a major breakthrough in its Internally Generated Revenue (IGR) with an unprecedented N5b in a single month of March 2025.
The recorded revenue showed a staggering 420 percent increase from the previous figure of N1.2bn monthly.
The Chairman of the State Internal Revenue Board, Dr. Daniel Eniekezimene, who made this known, said the remarkable feat was achieved following in-house changes, a strong monitoring system, and a massive drive for revenue generation.
According to Dr. Eniekezimene, he met an average monthly IGR of N1.2b, and stated that, as a professional accountant, he embarked on aggressive collection in line with the efficient application of all extant rules for taxes, levies and rates.
Dr. Enieikezimene, a former Accountant-General of the State, lauded Governor Douye Diri for the support to the board in its new initiative and innovation and announced that the target would be to raise the IGR to a satisfactory amount that should be able to cover the salaries of public servants in the state.
“Since my appointment as Chairman, we have brought so many innovations to taxes and levy collections.
“First, we made some personnel changes in-house, and now we have blocked some leakages. These measures are preparatory to the introduction of electronic tax collection.”
“That’s our next move, and we are confident that the monthly IGR will move beyond the N5b we have recorded even this March, 2025. We have achieved steady growth in our figures over the past months,” he stated.
Bayelsa IGR Rises To N5bn In March is first published on The Whistler Newspaper
Source: The Whistler
