PRESS RELEASE: NGSIRS Reports Over 170% Growth in First Quarter 2024 IGR Collection Figures
The Niger State Internal Revenue Service (NGSIRS) has released its first quarter 2024 official IGR collection figures. The agency announced a total of N7,031,981,398.93 as the amount collected for the months of January, February, and March 2024.
This marks a significant improvement from the total sum of N2,605,507,197.15 collected for the corresponding period in 2023, representing a 170% growth in the amount generated in comparative terms between Q1 2023 and Q1 2024.
In an interview with the press, the Executive Chairman of the NGSIRS, Mohammed M. Etsu, informed journalists that this development was a result of the robust support received from the Governor of Niger State, HE Umaru Mohammed Bago, and the different strategies deployed by the management of the service.
He further stated that the immense support received from the new administration resulted in the service generating a total of N21,675,361,059.11 as total collections for the Year 2023, as against the total sum of N16,848,325,487.70 collected in the Year 2022.
In closing, the Executive Chairman assured Nigerlites that the service was on course to deliver on its Year 2024 Budgetary IGR target of N5 billion per month, as all mechanisms are being put in place to achieve the set target.
Aminu M. Bawa
Group Head, Tax Operations
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