Yobe Govt to review obsolete tax laws -Commissioner

0
243

Published on December 3, 2016 by pmnews   ·   No Comments

Governor Ibrahim Gaidam of Yobe State

Governor Ibrahim Gaidam of Yobe State

The Yobe government has said it will review obsolete tax and revenue charges inherited from defunct North Eastern state 40 years ago, to boost its Internally Generated Revenue.

Alhaji Idi Gubana, Yobe Commissioner for Budget, stated this in Damaturu on Saturday.

“Some Ministries, Departments and Agencies had, during the budget discussion, complained on obsolete tariffs like 5kobo, 10kobo and 20kobo revenue charges but lacked legal framework to review the charges,” he said.

The commissioner attributed the drop in statutory allocation and low internally generated revenue as responsible for the shortfall in resources accrued to the state for the outgoing year.

He said of the estimated N88.9 billion budget for the year 2016, only N49.8 billion was actually realized, as such government must…

Read More…..PM News