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Edun, Adedeji harp on domestic revenue mobilisation, say 77% IGR increase possible

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The Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun and the Executive Chairman of the Federal Inland Revenue Service (FIRS), Mr Zacch Adedeji have harped on the relevance of domestic revenue mobilization to address the country’s fiscal challenges.

Speaking on Wednesday at the FIRS Strategic Management Retreat in Abuja, both Edun and Adedeji emphasised on the task of increasing the country’s Internally Generated Revenue (IGR) noting that an increase is possible and achievable.

Edun disclosed that the Federal Government is targeting a 77 percent increase in IGR.

According to Edun, tax plays an integral role in the government’s quest to boost revenue that will help bridge infrastructure deficit, and build social safety nets that will cater to ordinary Nigerians.

He commended the management of the FIRS for its commitment towards meeting its set revenue target.

“It is commendable that the FIRS is holding this retreat at the beginning of the year to rub minds on how to increase government revenue.

“We are projecting a 77 percent increase in IGR. Our revenue as a percentage of Gross Domestic Product (GDP) is low at below 10 percent. It should be much higher.

“Government needs to spend so much on infrastructure and social services. The idea is to shift from expensive debts to domestic revenue mobilisation,” he said.

Delivering his remarks at the retreat, Adedeji reiterated that FIRS is already a formidable force noting that it can indeed meet and exceed our targets.

“This is not just a restructuring; it is a catalyst for a monumental leap forward, a collective investment in our shared future, and an unyielding commitment to excellence in tax administration.

“In conclusion, the forthcoming structure is not just a set of reforms; it is a commitment to redefine FIRS’s role in shaping a modern, efficient, and customer-focused tax administration system.

“Through innovative organisational restructuring and process optimisation, FIRS is committed to fostering a taxpayer-friendly environment that aligns with global best practices and positions Nigeria as a leader in contemporary tax administration.

“As we unveil this new chapter in the history of FIRS, I urge all of you to embrace change, to be pioneers in this transformative journey, and to envision the future we are collectively building. Together, we will redefine excellence in tax administration, setting new standards and inspiring others to follow,” he said.

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Edo Guber: INEC releases final list of candidates

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The Independent National Electoral Commission, INEC, has announced the final list of candidates for the forthcoming Edo State Governorship Election.

This is even as the Commission said that the political parties are permitted to start campaign in public from Wednesday 24th April 2024.

The campaigns will end at midnight on Thursday 19th September 2024.

In a statement by Sam Olumekun,
National Commissioner & Chairman,
Information and Voter Education Committee, INEC disclosed that 17 political parties have fielded candidates for the election out of which 16 are male while one is female.

Olumekun said the final list has been published at INEC’s office in Edo State and also uploaded to the Commission’s website and social media platforms for public information.

“The Commission is pleased to announce the publication of the final list of candidates for the Edo State Governorship Election. Following the initial primaries, the Commission published the personal particulars of the Governorship candidates and their running mates in our State and Local Government offices in Edo State.

“Overall, seventeen (17) political parties are fielding candidates in the election. Sixteen (16) are male while one (1) is female. The final list, which also gives the breakdown of the candidates by age, academic qualifications and disability, has been published at our office in Edo State and also uploaded to our website and social media platforms for public information.

“With the publication of the final list of candidates for the Edo State Governorship Election, the next activity is electioneering campaign.

“Therefore, Political Parties are now permitted to start campaign in public from Wednesday 24th April 2024 and end at midnight on Thursday 19th September 2024 as indicated in items 8 and 12 of the Timetable and Schedule of Activities for the election,” parts of the statement read.

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Tinubu unveils African Counter-Terrorism summit

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President Bola Tinubu unveiled the African Counter-Terrorism Summit at the Office of the National Security Adviser in Abuja on Monday.

The event which is currently ongoing and organised by Nigeria, with support from the United Nations Office of Counter-Terrorism, will be held from Monday to Tuesday, April 23, 2024, with the theme: ‘Strengthening Regional Cooperation and Institution Building to Address the Evolving Threat of Terrorism’.

The Presidency announced on Sunday that the summit aims to enhance multilateral counter-terrorism cooperation.

Details later…

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Number of inmates awaiting trial soars by 70% in Kano — NCoS

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The Nigerian Correctional Service (NCoS),  Kano State Command, says 70 per cent of inmates are awaiting trial across the custodial centres in the state.
The Public Relations Officer of the Command, SC Musbahu Lawan, disclosed this while addressing newsmen at the State Headquarters on Monday in Kano.
He said that overcrowding was a challenge to the smooth operation of the NCoS in the state, as the number of awaiting trial inmates had tripled that of convicted inmates in the state.
“Statistics show that only 30 per cent of inmates are convicted in the correctional service, while inmates awaiting trial constitute 70 per cent of the total number of inmates in the state.
“Most of the inmates awaiting trial have stayed in custody with their cases yet to be determined by the courts.
“Our laws give us the power to transfer convicted inmates to any facility in the country, so if the inmates awaiting trial are eventually convicted there won’t be congestion,” Lawan said.
He noted that convicted inmates were easier to manage as they were mandated to engage in the various reformatory programmes, an opportunity which awaiting trial persons might  not have.
“Most of the convicted inmates also benefit from the educational programmes in the custodial centres.
“In Kano, 38 convicted inmates sat for and passed the NECO, SSCE and are now seeking for admission at the National Open University of Nigeria (NOUN).
“Due to increased interest of the inmates to study, the service is working with NOUN to establish more study centres in the custodial centres in the state,” Lawan said.
He said that one of the challenges was lack of study facilities like computers and study materials.
Lawan said the Federal Government had introduced the non-custodial measures like parole, community service and  probation among others, to address the overcrowding conundrum in custodial centres.
He commended some judges for complementing the Federal Government’s effort by making maximum use of non custodial sentencing.
“NCoS  will continue to pursue its mandate of keeping safe and humane custody of the legally interned, while protecting the society safer by reforming rehabilitating and reintegrating offenders,” Lawan said
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