Covid-19: Mr Nzekwu, Chairman AIRS Defends The Agency Financially

0

The Anambra State Internal Revenue Service (AIRS), on Thursday said it recorded Internally Generated Revenue (IGR) of N26.4 billion in 2019 as against N19 billion realised in 2018.

Mr David Nzekwu, Chairman AIRS, stated this while defending the agency’s financial transactions in 2019, before the State House of Assembly Committee on Public Accounts.

Nzekwu attributed the increase in revenue to the introduction of innovative ideas and continuous public sensitisation efforts of the government on the payment of taxes.

According to him, about 300,000 residents became registered tax payers in 2019.

“In 2019, we adopted some innovations to increase internally generated revenue in the state.

ALSO READ  Anambra AIRS seals Uru Industries Nnewi over Tax

“We launched and introduced the state’s stamp duty office to generate funds. We started the state central billing system where ministries can deliver bills to different offices and individuals.

“We have automated the billing system to bill people based on data collected because revenue is data driven.

“These innovative efforts made us realise a total of N688 million from direct tax and about N11 billion from payee sources. We also registered about 32,140 businesses in the state too,”he said.

Nzekwu lamented that many resident did not pay tax and urged the Assembly to support the agency in the area of sensitisation at their constituencies.

ALSO READ  Ohanaeze, Arthur Eze Battle South-East Govs On LG Polls, Finances

“Especially in this era of COVID-19 pandemic, we need all the support to increase the number of tax payers to enables government generate revenue for the provision of basic amenities in the state, “Nzekwu said.

In his remarks, Mr Somtochukwu Udeze (Ogbaru Il), Chairman of the House Committee, commended the agency for it efforts to increase revenue in the state.

Udeze explained that the verification of the 2019 audited accounts of government ministries, departments and agencies (MDAs), was to ensure transparency and accountability in public funds.

What are your thoughts?

Discover more from Odogwu Blog

Subscribe now to keep reading and get access to the full archive.

Continue reading