Connect with us

News

Enugu Govt records N406.7bn IGR in 2025, targets N870bn in 2026

Published

on

ADVERTISEMENT
Zoom Ad
ADVERTISEMENT
Zoom Ad

Enugu State Government recorded N406.77bn in Internally Generated Revenue (IGR) IN 2025, the Enugu State Internal Revenue Service (ESIRS) has announced.

Of the total amount, tax revenue accounted for N51.5bn, representing 12.6 per cent, while non-tax revenue stood at N355.2bn, representing 87.4 per cent of the total IGR.

The government recalled that although the state’s IGR stood at N26.8bn in 2022, it was able to scale it up to N37.4bn in 2023 following Governor Peter Mbah’s ascension to office and ramped it up further to N180.5bn in 2024 before hitting N406.7bn in 2025.

These were made known by the Chairman of ESIRS, Mr. Emmanuel Nnamani during a press briefing in Enugu on Sunday, attributing the steady astronomic growth in the state’s IGR to deployment of technology, e-payment, widening of the tax net without increasing the rate, as well as other extensive reforms by the Mbah Administration to block revenue leakages.

Advertisement

“The state’s total IGR of Enugu State in 2022 was N26.8bn made up of N16.2bn tax revenue and N10.6bn non-tax revenue.

“In 2023, we pushed the IGR to N37.4bn, made up of N22.9bn tax revenue and N14.5bn non-tax revenue.

“In 2024, we moved the IGR to N180.5b made up of N30bn tax revenue and N150bn non-tax revenue. At that point, Enugu State had started thinking differently and dependence on FAAC for every government activity had drastically reduced.

“The shift from tax revenue-driven funding had happened as at 2024, as Enugu State focused on natural resources, recovery, and revival of moribund assets to move our revenue into stability.

Advertisement

“Enugu State collected a total IGR of N406,774,321,758.87 out of the N509,947,000,000 projected in the 2025 Appropriation Law. This represents a performance of 80 per cent from budget perspective as well as a 125 per cent IGR growth from 2024 figure of N180.5b. It is also a revenue performance that has shown that Enugu State has developed fiscal resilience and sustainability,” Mr. Nnamani stated.

Giving further details, he said, “It is important to state clearly that out of this N406.7bn IGR, tax revenue is just N51.5bn representing 12.6 per cent of the total IGR in 2025, while non-tax revenue is N355.2bn, representing 87.4 per cent of the total IGR.

“As I stated earlier, most of our non-tax revenue is driven by recovery, revitalisation, and optimisation of state assets, many of which were hitherto moribund and fallow assets.”

He expressed optimism over tax revenue growth explaining that the state’s huge investments in infrastructure would attract more residents and businesses, which would not only pay taxes, but create taxable employments.

Advertisement

“If you look at the trend, you would see a conscious effort to grow the tax revenue of Enugu State. Just in 2025, the tax revenue grew from N30bn in 2024 to N51.5bn in 2025, this represents 72 per cent growth year-on-year. It also shows resilience in growth, outperforming tax revenue growth of 31 per cent in 2024.

“This is imperative because tax revenue is most sustaining for any national and subnational government. This is the reason we have intensified efforts to grow it in line with the provisions of tax laws.

“What we have done with tax revenue and by extension the non-tax revenue is like fees, levies, and assets is to plug the leakages in revenues, introducing technology to ensure traceability, accountability and transparency.

“So, 2026 is another year to watch out for Enugu State. Projected IGR is N870bn and tax revenue is expected to dwindle as we implement a pro-citizen tax reform. However, we are very optimistic that we will beat economic expectations in tax revenue as compliance with tax laws has gone up in Enugu State.

Advertisement

“The feedback we get from our people and businesses on a daily basis is that they are now encouraged to pay their tax and fulfill their other financial obligations to government by the fact that they see the transformations going on in every sector of the state under the present administration – the infrastructure, the 260 Smart Green Schools and the 260 Type 2 Primary Healthcare Centre spread across the 260 electoral wards, the Enugu International Conference Centre (ICC), the ICC 5-Star Hotel, the Enugu International Hospital, the Enugu Air, the five modern bus terminals, the 100 CNG buses, and indeed the over 2,000 completed and ongoing projects across the state, just to name a few,” he concluded.

Continue Reading
Advertisement

News

Nigeria Celebrates Congo at 66, Seeks Stronger Economic and Diplomatic Ties

Published

on

ADVERTISEMENT
Zoom Ad
ADVERTISEMENT
Zoom Ad

By Gloria Ikibah

The Federal Government of Nigeria has congratulated the Republic of Congo on its 66th National Day Anniversary, reaffirming its commitment to strengthening bilateral relations and expanding cooperation in key sectors, including trade, energy, agriculture, infrastructure and manufacturing.

In a statement issued by the Spokesperson of Ministry of Foreign Affairs on Saturday, Nigeria joined the people of Congo in celebrating the country’s independence anniversary, describing the occasion as a significant milestone in the nation’s history.

The statement noted that the anniversary commemorates Congo’s attainment of independence on 15 August 1960 and acknowledged the country’s progress in promoting peace, stability and national development.

Advertisement

“Nigeria joins the Congolese people in commemorating this significant national occasion, which marks the attainment of independence on 15 August 1960. On this occasion, Nigeria recognises the resilience and the progress made by the Congolese people in advancing national development, peace, stability and prosperity,” the statement read.

The Federal Government said relations between both countries have remained cordial and have continued to thrive on the principles of mutual respect, African solidarity, shared values and common interests.

According to the ministry, Nigeria and Congo remain committed to promoting multilateral cooperation and advancing the ideals of African unity and integration.
Nigeria also commended Congo for its role in promoting regional peace and diplomacy across the continent.

“Nigeria particularly appreciates the Republic of Congo’s constructive contributions to regional peace, stability and African diplomacy. Nigeria remains committed to working closely with Congo and other African partners in promoting dialogue, mediation and African-led approaches to conflict resolution,” the statement added.

Advertisement

The government identified trade and investment as major areas for future collaboration, noting that there are significant opportunities for both countries to deepen economic cooperation.

The ministry said stronger partnerships in sectors such as energy, agriculture, infrastructure, transportation, mining and manufacturing will boost investment, encourage technology transfer and create employment opportunities.

“The Federal Government of Nigeria also sees significant opportunities for strengthening bilateral economic relations, particularly in trade and investment, energy, agriculture, infrastructure, transportation, mining and manufacturing.

“Greater interaction between the private sectors of both countries would promote investment, technology transfer, employment creation and the movement of goods, services and expertise,” the statement said.

Advertisement

Nigeria also emphasised the importance of strengthening people-to-people relations through greater collaboration in education, culture, tourism, sports, youth development and professional exchanges.

According to the government, such partnerships would deepen mutual understanding and further strengthen the longstanding friendship between the people of both countries.

The ministry further stressed that, as members of the African Union, Nigeria and Congo share a common vision for sustainable development and regional integration.

“Nigeria welcomes greater collaboration in sustainable development, value addition, technology transfer, employment creation and regional economic integration, and remains committed to strengthening its partnership with Congo within the framework of the African Union and other regional and international organisations,” the statement said.

Advertisement

Reaffirming Nigeria’s commitment to closer ties, the government said it looked forward to working with Congo to address issues of mutual interest at both continental and global levels.

“As Congo marks this important anniversary, Nigeria recognises the resilience and contributions of successive generations of Congolese to national development and renews its commitment to a peaceful, prosperous and stronger Africa.

“The Government of Nigeria looks forward to working closely with the Government of the Republic of Congo to expand bilateral cooperation and address issues of mutual interest at the continental and global levels,” the statement added.

Nigeria extended its best wishes to the government and people of Congo, expressing hope for continued peace, stability, prosperity and sustainable development.

Advertisement
Continue Reading

News

Osun Decides: We’re monitoring INEC boss from all sides— Peterside 

Published

on

ADVERTISEMENT
Zoom Ad
ADVERTISEMENT
Zoom Ad

President of the ANAP Foundation and founder of Stanbic IBTC Bank, Atedo Peterside, has said that Nigerians are monitoring Chairman of the Independent National Electoral Commission (INEC), Professor Joash Amupitan, as he oversees the Osun State governorship election.

Peterside made this revelation on Saturday while appearing on an Arise TV programme focused on the Osun governorship election, stressing that the conduct of the poll would be closely watched by Nigerians.

He said the outcome of the election would provide an important indication of INEC’s level of preparedness ahead of the 2027 general elections.

According to him, the Osun election would serve as a “link pin” to the 2027 elections, but Nigerians should not assume that a successful poll in Osun would automatically guarantee a successful general election in 2027.

Advertisement

“Osun will serve as a link pin to the 2027 election, and Nigerians should not go with the notion that because Osun was successful, then automatically the 2027 general election will be successful,” he said.

Peterside also warned against deliberate delays in the electoral process, particularly in areas considered to be strongholds of a particular candidate.

He said any deliberate attempt to delay voting or the transmission of results in such areas could raise serious questions about the integrity of the electoral process.

“In a situation where an election is deliberately delayed because it is a weak area for a particular candidate, clearly, it is a form of rigging,” he said.

Advertisement

He added that claims of technical glitches or other problems during the process should be carefully scrutinised, noting that such incidents could undermine public confidence in the election.

Peterside further expressed the expectation that, barring any unforeseen circumstances, election results should be uploaded promptly after voting and collation.

“All things being equal, by 5pm or 6pm, we expect that all the results must have been uploaded, as we experienced in 2023,” he said.

Advertisement
Continue Reading

News

Police Bust Human Parts Syndicate in Oyo, Nab 10, Recover Heart, Skull

Published

on

ADVERTISEMENT
Zoom Ad
ADVERTISEMENT
Zoom Ad

The Oyo State Police Command has nabbed 10 suspected members of a human parts trafficking syndicate and recovered suspected human remains, including a heart and pieces of a skull, during an intelligence-led operation in the state.

The suspects were arrested at their various hideouts in Iseyin and Saki areas of Oyo State following months of intelligence gathering, discreet surveillance and monitoring by operatives of the Command’s Monitoring Unit.

The suspects were identified as Adam Ibrahim, 42; Nasiru Kabiru, 22; Tijani Wasiu, 54; Abiola Nasiru, 45; Amusa Gbadamosi, 57; Raheem Taofeek, 46; Jimoh Muritala, 35; Suleiman Busari, 47; Ganiyu Nurudeen, 36; and Usman Abdullahi, 52.

According to the police, searches conducted at the suspects’ hideouts led to the recovery of several suspected human parts, including one suspected human heart, human flesh, pieces of human skull and assorted charms.

Advertisement

The Command said the recovered items had been secured as exhibits and would undergo forensic examination as investigations continue.

The suspects reportedly confessed during interrogation to varying degrees of involvement in the alleged trade in human parts for ritual purposes. The police said they were also assisting investigators in tracing the source of the recovered items, as well as establishing how they were procured and their intended use.

The Command added that efforts were ongoing to identify and apprehend other members of the alleged syndicate.

The Commissioner of Police in Oyo State, CP Abimbola Ayodeji Olugbenga, commended the operatives for the successful intelligence-led operation and their painstaking efforts in tracking down the suspects.poli

Advertisement

He assured residents that the Command would continue to intensify its efforts to combat criminal activities and protect lives and property across the state.

Continue Reading

Trending

Copyright © 2024 Naija Blitz News