• Thursday, May 02, 2024
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States to meet on how to raise IGR, agriculture

Governors tackle NNPC on zero contribution to Federation Account

In order to enhance capital projects delivery and recurrent expenditure, governors have scheduled a Peer Learning Event (PLE) in Abuja on how to boost their Internally Generated Revenues (IGR).

The meeting, holding on Monday under the banner of Nigeria Governors Forum (NGF), would share experiences on how digitalisation helps to sustain revenue collection during the Covid-19 pandemic.

Read also: Lagos, Rivers account for 40% of internally generated revenues in Nigeria

A statement by the NGF’s Head of Media, Abdulrazaque Bello-Barkindo, said states would also discuss how states can choose the right incentives for the right taxpayer group.

Meanwhile, the NGF after the event would hold an emergency virtual meeting to deliberate on the prospects of dry-season farming as facilitated by the Anchor Borrowers Program of the Central Bank of Nigeria (CBN).

The Governor of the Central Bank of Nigeria, Godwin Emefiele, would address the governors on the necessary steps to ensure the success of the program in their various states.