BUSINESS & ECONOMY
Anambra State Aims For N10bn Monthly Tax Revenue
Awka, Anambra State – The Anambra State Internal Revenue Service (AIRS) has set an ambitious target of N10 billion in monthly tax revenue, according to its Chairman/CEO, Dr. Greg Ezeilo.
He announced this at the grand finale of a school tax quiz competition held at the Government House in Awka.
Ezeilo stated that AIRS has developed technological solutions to achieve this goal and expressed confidence that within a few years, all taxable adults in Anambra State will willingly pay their taxes.
The competition, initiated by the Senior Special Adviser to Governor Soludo on IGR (Technical), Mrs. Kate Amara Oyeka, aims to instill the importance of tax payment in young people.
Oyeka emphasised that this initiative will cultivate a culture of voluntary tax compliance among future taxpayers.
She assured taxpayers that voluntary compliance would not result in harassment or over-taxation.
Supporting this initiative, the Managing Director of Anambra Broadcasting Service (ABS), Chris Molokwu, pledged to use the state media to educate the public on the importance of timely tax payments.
Lady Hannah Model Secondary School, Awada, Obosi, emerged as the winner of the tax quiz competition, followed by Grace Court Sec School, Awka, and Marist Comprehensive Sec. School, Nteje.
Chief Ernest Ezeajughi, Chief of Staff to Governor Chukwuma Soludo, representing the Governor at the event, commended AIRS for its efforts in boosting tax revenue.
He challenged AIRS to aim for at least N20 billion monthly from the next fiscal year to support Governor Soludo’s ambitious plans for transforming Anambra State into a mega-city.
These plans include extensive road construction (over 5000 kilometres completed), the employment of over 5000 teachers and healthcare workers, and the implementation of free primary and secondary education, as well as free antenatal and Cesarean operations.
Ezeajughi stressed the importance of voluntary tax compliance to fund these initiatives without resorting to borrowing.
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