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Published On: Fri, Nov 20th, 2020

Covid-19: Revenue shortfalls hit Katsina

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From Lawal Sa’idu Funtua, Funtua

Katsina state Board of Internal Revenue has attributed the shortfall experienced in revenue generated to the outbreak of the dreaded COVID-19 pandemic in the state.
Alhaji Aminu Danrabati Abdulmumini, the state Board Executive Chairman disclosed this in an interactive session with newsmen yesterday in Katsina.
Abdulmumini said to cushion the effect the board decided to introduce some palliatives for tax payers to stimulate them to pay their taxes.
According to him, under the agric sector, “we reduced the rate, we gave a rebate of 50 percent. On other taxes, we reduced liabilities, interest, penalities and some of the assessments to 20 percent”.
“As a result of that, it did not only affected the state revenue generation, but affected all aspects of the economy” he added.
He explained that, despite these challenges, the board was able to collect over N6.02 billion in 2017, N6.96 billion in 2018, N8.46 billion in 2019 and N9.34 billion from January to September, 2020.
The board Executive Chairman however appealed to the state government to establish a single revenue account in which all IGR would be lodged to sustain and enhance the revenue generation of the state.
“All the existing Tax laws should be consolidated and codified into a single law for the purpose of consolidation of all revenue collected by MDAs and Local Governments in the state”, he pleaded.

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