BUSINESS
KANO TARGETS ₦15 BILLION MONTHLY REVENUE BY 2026 — KIRS
The Kano State Internal Revenue Service (KIRS) has announced plans to boost the state’s monthly revenue to ₦15 billion by 2026, marking a major leap in its financial reform drive.
According to Alhaji Muhammed Abba Aliyu, Executive Director of Compliance and Enforcement at KIRS, the target is anchored on a new tax framework focused on fairness and efficiency.
Speaking during a multi-sector stakeholders’ engagement organized in collaboration with the Partnership for Agile Governance and Climate Engagement (PACE), Aliyu said the revised system ensures that only individuals earning above ₦800,000 annually will be taxed — protecting lower-income earners from financial hardship.
“Our new structure focuses on income tax from employment or business, service charges for public amenities, and penalties for legal violations. The goal is to streamline revenue collection while strengthening the bond of trust between citizens and government,” he explained.
The PACE Representative, Alhassan Usman, emphasized the importance of digital tax systems, urging residents to move away from cash transactions with revenue officers and adopt secure, traceable digital payments. He also highlighted that proper tax compliance will help entrepreneurs maintain accurate records, track growth, and access financial opportunities.
This announcement follows Kano’s impressive revenue performance in 2024, when the state doubled its Internally Generated Revenue (IGR) from ₦37.38 billion in 2023 to ₦74.77 billion, according to data from the National Bureau of Statistics (NBS).
Governor Abba Kabir Yusuf’s administration has credited the success to plugging leakages, restructuring the KIRS, and appointing competent hands to manage the state’s revenue system.
Governor Yusuf, through his Special Adviser on Information, Ibrahim Adam, expressed gratitude to the people of Kano for their cooperation and assured continued reforms to sustain the growth momentum.
"This represents a significant development in our ongoing coverage of current events."— Editorial Board