The Kwara State Internal Revenue Service on Tuesday said it had generated N18.4 billion as Internally Generated Revenue for the state in 11 months.
Dr. Muritala Awodu, the KWIRS Chairman, made this known while addressing journalists on the activities of the Service for the past 11 months.
Awodu said though the organisation generated N6 billion in the first quarter of 2017, the figure dropped to N4.087 billion in the second quarter.
The chairman said from July to September, KWIRS realised N4.77 billion, adding that the development was a slight improvement over the second quarter.
Awodu also said KWIRS generated N1.4 billion in October and realised N1 billion in November.
He said the target of IGR for 2017 was N24 billion but that the Service was unable to meet the target.
The chairman, however, expressed optimism that it would hit N20 billion by the end of December.
Awodu said: “So far, we have surpassed N17.4 billion IGR realised in 2016.
“Hopefully, by the end of the year, we will realise about N20 billion as IGR.”
The chairman identified social pressure on the Service as one of the factors that impeded its effort in meeting its target.
He, however, said that KWIRS’ expectation was to hit N30 billion IGR annually, adding that the state had the potential to realise the target.
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