Oil fall: KDSG to diversify economy, boast IGR- Fin Commissioner

yero1

By Alex Uangbaoje
In a bid to arrest the dwindling economy caused by the shortfall of global oil price, Kaduna State Government has evolved strategy to diversified the economy and boast the state Internally Generated Revenue (IGR).

Addressing newsmen during the post-budget briefing held at State Ministry for Local Government, the Finance Commissioner, Alhaji Samaila Aliyu disclosed that the state government has concluded plans in the 2015 budget to stop relying fully on the Federal Allocation and embarked on developing both the state Agricultural and industrial sectors to stimulate the state economic activities.

Speaking further he said, the state government also intend to boost IGR by raising tax, amends existing tax law in the state, restructuring board of Internal Revenue and modernizing tax payment by adopting Electronic Payment System (EPS) for better economic performance.

According to him Kaduna state is fully prepared and have the capacity to sustain its economy despite the shortfall in the statutory Federal Allocation.

Responding to question on anticipated fears over the continuous fall in global oil price since the Federal Budget is benchmark on Global oil price, the commissioner said the state government would block all loopholes and motivate revenue collection agencies in the state to avoid complacency.

The state government budgeted a total sum of N203,700,855,271 with a projected recurrent expenditure of N72,788,841,776 and a total of N130,912,013,495 as projected figure for Capital Expenditure

Newsweb

At Newsweb Express we don't only break the news, we are committed to investigative and developmental journalism

You may also like...

63 Responses

  1. Paulat says:

    Can provide a link mass to your website https://zetds.seychellesyoga.com/info

  2. Pollyt says:

    Your site’s position in the search results https://zetds.seychellesyoga.com/info

  3. Susant says:

    Can provide a link mass to your website https://zetds.seychellesyoga.com/info

  4. Oliviat says:

    I offer mutually beneficial cooperation https://zetds.seychellesyoga.com/info

  5. Victoriat says:

    Here’s what I can offer for the near future https://zetds.seychellesyoga.com/info

  6. Edisont says:

    Can provide a link mass to your website https://ztd.bardou.online/adm

  7. Ellat says:

    Your site’s position in the search results https://ztd.bardou.online/adm

  8. Stellat says:

    I offer mutually beneficial cooperation https://ztd.bardou.online/adm

  9. Jodiet says:

    Cool website. There is a suggestion https://ztd.bardou.online/adm

  10. Edisont says:

    Cool website. There is a suggestion https://ztd.bardou.online/adm

  11. Gwent says:

    I really liked your site. Do you mind https://ztd.bardou.online/adm

  12. Lydiat says:

    Here’s what I can offer for the near future https://ztd.bardou.online/adm

  13. Susannat says:

    Can provide a link mass to your website https://ztd.bardou.online/adm

  14. Selenat says:

    Your site’s position in the search results https://ztd.bardou.online/adm

  15. Barbarat says:

    I offer mutually beneficial cooperation https://ztd.bardou.online/adm

  16. Kellyt says:

    Cool website. There is a suggestion https://ztd.bardou.online/adm

  17. Estert says:

    Can provide a link mass to your website http://myngirls.online/

  18. Monat says:

    Your site’s position in the search results http://myngirls.online/

  19. Angelinat says:

    Free analysis of your website http://myngirls.online/

  20. Scarlett says:

    I offer mutually beneficial cooperation http://myngirls.online/

  21. Estert says:

    Can provide a link mass to your website http://fertus.shop/info/

  22. Monat says:

    Your site’s position in the search results http://fertus.shop/info/

  23. Scarlett says:

    I offer mutually beneficial cooperation http://fertus.shop/info/

  24. Emilyt says:

    Cool website. There is a suggestion http://fertus.shop/info/

  25. Mirandat says:

    I really liked your site. Do you mind http://fertus.shop/info/

  26. Ameliat says:

    Here’s what I can offer for the near future http://fertus.shop/info/

  27. Jodiet says:

    You will definitely like it http://fertus.shop/info/

  28. Sandyt says:

    The best prices from the best providers http://fertus.shop/info/

  29. Joant says:

    How to contact the administrator on this issue http://fertus.shop/info/

  30. Samanthat says:

    Shall we exchange links? My website http://fertus.shop/info/

  31. Editht says:

    The offer is still valid. Details http://fertus.shop/info/

  32. Maryt says:

    We offer cooperation on SEO optimization http://fertus.shop/info/

  33. Dorothyt says:

    Your site’s position in the search results http://fertus.shop/info/

  34. Monat says:

    Your site’s position in the search results http://fertus.shop/info/

Leave a Reply

Your email address will not be published. Required fields are marked *