Kano generates N18 billion internal revenue in 2016.

The Kano State Government has realised N18 billion as internally generated revenue from January to date, an official said.

The Chairman of Kano State Board of Internal Revenue, Sani Dembo, disclosed this on Thursday shortly after he defended the board’s 2017 budgetary allocation at the State Assembly.

Mr. Dembo said that in 2015, the board generated N11 billion as tax revenue, while N12 billion was realised in 2016.

He further said “within the 10 month of this year, we also generated non-tax revenue worth N6 billion, making the total of N18 billion generated”.

The Chairman added that some fund recoveries were made which are non-oil revenues which have contributed positively towards the boosting of the state revenue.

He said, the current economic recession has also affected Kano State.

“The State Government had introduced harmonisation system which dictates and streamline the revenues of various State ministries and parastatals revenues into one treasury single account.”

According to him, the system will accumulate Tax Revenue and Non-Tax Revenue.

He also cited example that property tax is a vital source of revenue for developed countries.

The board chairman said the Kano State government is preparing to employ more manpower that will assist in collecting property tax in the near future.

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