The Borno State Commissioner for Finance, Budget and Economic Planning, Adamu Lawan, has said that about N6.6 billion internally generated revenues collected in the first half of this year , was paid into the Treasury Single Account .
He attributed the increase in IGR to the gradual restoration of peace after a decade long Boko Haram insurgency, thereby leading to increase in collection of various taxes and levies from markets and motor parks. He further disclosed that the MDAs’ computerization of tax collection and remitting into TSA has also expanded the government’s tax base, saying: “We also adopted the motivation of our staff in the ‘collection and remitting of revenues’ into TSA, instead of individual or MDAs’ official bank accounts.”
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