Nasarawa Begins Electronic Collection Of Taxes
The Nasarawa Government has engaged an indigenous consultancy firm to collect taxes in the state through an electronic card system, Gov. Umaru Al-Makura said on Monday in Lafia.
Al-makura, who made this known during a meeting with the management of Telnet Regional Nigeria Limited, the revenue collection firm, said that the initiative had become necessary in view of the steady decrease in allocations from the Federation Account.
“Any state that does not embark on rigorous revenue generation given the current economic reality is heading for doom,” he said.
Al-Makura said that the process for the new tax regime was initiated over a year ago by inaugurating the firm to study the peculiarity of the state and how to effectively harness its tax sources.
He regretted that there were so many leakages in the state’s Internally Generated Revenue (IGR) as a result of tax evasion, but expressed the hope that the situation would soon be better with the pedigree of the tax firm.
Al-Makura expressed optimism that the state’s revenue fortunes would improve to become the backbone of the state’s economy.
“It is as a result of our accountability and commitment, through revenue generation, that we have been able to promptly pay workers’ salaries.
“We do not have any hanging arrears and we have even been able to put some infrastructure in place for the people of the state,” Al-Makura said .
The governor also revealed that the state had opened a Single Treasury Account for effective monitoring of its revenue.
Abdullahi Ode-Attah, the Project Coordinator of the firm, explained that the new system was designed to ensure cashless tax collection where tax payers would be required to register and obtain Tax Identification Number (TIN)
He said that the system was in consonance with the state’s tax laws.