Business

KWIRS rakes N198m for 16 LGs in 8 months

 

With Matthew Denis

The Kwara Internal Revenue Service said a total of N198, 484, 720.96 was remitted to the 16 local government councils between January and August, 2017, being taxes collected on their behalf within the period under review.
The breakdown was contained in a report released by the Revenue Service on Wednesday in Ilorin.
According to the report, the total revenue remitted to the 16 local governments (LGs) in January was N27, 667, 550.98, while in February, N25, 860, 106.14 was remitted to their accounts. For March, they got a total of N28, 353, 648.17.
In April, KWIRS remitted N24, 034, 830.10 to the LGs and N24, 174, 940.23 in May. In June, the LGs received N26, 745, 259.84 and for July, they got a total of N25, 932, 652.15.
However, for the month of August, the revenue that has been remitted to the LGs as at 24th of August stood at N15, 715, 733.35.
A further breakdown of the figures shows that from January to August, Asa LG got a total of N7, 469, 513.16; Baruten LG received the sum of N40, 327, 384.64, Edu LG got N7, 606, 561.00; Ekiti LG received N2, 649, 904.33, while Ifelodun LG got N10,294, 156.54.
Also, Ilorin East got N12, 740, 846.86, Ilorin South; N20, 979, 776.53, Ilorin West; N40, 905, 197.96, Irepodun; N7, 715, 141.67, Isin; N2, 743, 221.00, Kaiama; N12, 368, 829.64, and Moro got N7, 806, 852.97.
Similarly, Offa LG received a total of N12, 785, 521.55, Oke-Ero got N2, 646, 221.00, Oyun N3, 824, 246.00, while Patigi received the sum of N5, 621, 346.16.
The report also shows that the LGs have about 18 revenue lines, but KWIRS only collects revenue on behalf of the LGs from average of 12 lines.

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