Friday, February 28, 2025
Google search engine
HomeNewsGov Zulum Approves Tax Waivers for Traders, Flood Victims as BO-IRS Targets...

Gov Zulum Approves Tax Waivers for Traders, Flood Victims as BO-IRS Targets N35bn Revenue

#Zulum238Projects #Term2 Focus: Education (54 Projects) Zulum's 5th year in office, consolidating on sterling 4 years of the first tenure. “1,195 Projects and Counting.” Series on 238 projects in the first year of the second tenure of Governor Zulum.

….. BO-IRS Resolves 4,500 Tax Complaints, Assures Transparency in Revenue Collection

By:Babagana Bukar Wakil, Maiduguri

The tax administration reforms under Governor Babagana Umara Zulum have significantly boosted Borno State’s infrastructure development, with revenue being channeled into roads, schools, hospitals, and other public services.

Speaking at a press briefing in the conference hall of the Borno State Internal Revenue Service (BO-IRS) along Kano Road, Maiduguri, the agency’s Chairman, Professor Ibrahim Bello Alhaji, said efforts are being intensified to improve revenue collection, with a target of N35 billion for 2025.

He noted that taxation remains a crucial civic responsibility, supporting key government projects across the state. He also revealed that Borno State now ranks 12th nationally in terms of improved and digitized tax programs.

The BO-IRS chairman highlighted ongoing projects in Jiddari, Umarari, GRA, Bulumkutu, Custom, Chad Basin, and many other locations, stressing that every part of the state is benefiting from tax-generated funds.

See also  Zulum Warns of Consequences in Presidential Push for Tax Bill

To support economic recovery, Governor Zulum has approved a two-year tax waiver for traders in Monday Market, aimed at easing financial burdens and encouraging business growth. Additionally, tax relief has been granted to communities affected by the September 2024 floods, acknowledging the economic hardships faced by residents in those areas.

The BO-IRS has handled 4,500 tax-related complaints, addressing concerns from individuals and businesses. The agency reaffirmed its commitment to transparency, accountability, and continuous public engagement in revenue collection.

Professor Ibrahim assured taxpayers that there would be no additional tax burden in 2025, but rather a focus on efficient revenue utilization for developmental projects.

The press conference concluded with a media engagement session, where journalists sought clarifications on the state’s tax policies.
COV/BBW

About The Author

RELATED ARTICLES

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Most Popular