Fidelity bank banner Bayelsa State banner
How we improved tax collection to boost Bayelsa IGR to above N1bn – BIR Chairman

By News Express on 19/07/2018

Share on facebook Yahoo mail icon Gmail icon Share on Google+

Views: 461

The Executive Chairman, Bayelsa Board of Internal Revenue (BIR), Dr Nimibofa Ayawei, has attributed the rise in Bayelsa’s monthly internally generated revenue above N1 billion mark to deployment of electronic collection system.

Ayawei, who spoke while receiving a 14-seater Toyota bus from the management of Access Bank, said the government of Bayelsa had abolished the cash-based tax payment system and subsequently blocked revenue leakages which boosted the state’s revenue.

He said that the progressive rise in monthly revenue from about N300 million monthly before the reforms in 2017 to the N1 billion mark was a fallout of the automation of the revenue collection process.

“We are reaping the rewards of the recent re-engineering of the revenue collection process and deployment of electronic payment platforms that captures the funds accruing to the state. “We have since abolished the cash payments and this has been responsible for the increased revenue.

“We leveraged on the expertise of our lead bankers, Access Bank, which today is donating a bus to boost our operations.

“We feel encouraged by the gesture and express gratitude to the bank; we know that other financial institutions will follow shortly,” Ayawei said.

The monthly internal revenue of the state in October 2017 hit a peak of N1.3 billion.

Mr Kakiri Flint, the Relationship Manager, Public Sector in Access Bank, Yenagoa, said the gesture was part of the bank’s social obligations to boost the revenue drive of Bayelsa Government.

He said that the bank had deployed its expertise and provided technical support to the blockage of leakages in the revenue collection system.

“We have a history of relationship that dates back to 2006 and we have made progress.

“We played a role in the use of biometrics in the payroll which also led to the substantial reduction in the state’s wage bill from over N6 billion to the current figure of about N3.8 billion.

“The donation of the bus today is meant to ease the work of the Bayelsa Board of Internal Revenue as well as part of our corporate social responsibility,” Flint said.

Photo shows Mr Kakiri Flint, Relationship Manager, Public Sector in Access Bank, Yenagoa, speaking shortly after presenting a 14-seater Toyota bus to Dr Nimibofa Ayawei, Executive Chairman, Bayelsa Board Of Internal Revenue, on Wednesday.


Source News Express

Posted 19/07/2018 7:22:56 PM


Share on facebook Yahoo mail icon Gmail icon Share on Google+




You may also like...
Troops repel attack, kill 16 Boko Haram terrorists...

Foundation launches age grade soccer development scheme in...

Dangote hunts for investment opportunities in Malawi

Michael Jackson's father is dead

Scarcity update: Fuel price jumps to N500 a...

No more unrest in South Africa — Police...

Immunity of Impunity: Death knell to Buharism, By...

Military imposes 24 hours curfew on Maiduguri following...

Burkina Faso elite unit refuses to disarm after...

Gallant troops kill 9 Boko Haram fighters, rescue...

Reps to probe over $17bn crude oil and...

Why I want to represent Anambra Central at...


Latest News Operation Python Dance: IPOB discovers site where slain members were secretly buried •Alerts International Community Woman collapses at Benin Airport while awaiting Atiku We are working with some PDP Senators to remove Saraki — APC Kidnapper dies from drug taken at crime scene Army uncovers Boko Haram recruitment link on social media Nigeria’s democracy must not fail, Turaki warns Nigeria ranked among dangerous countries for aid workers How Kwankwaso stashed Kano's $1million in Ukraine — Ganduje Food insecurity: 3.7m Nigerians in danger– Sen. Abdullahi Bayelsa community bemoans distortion of creeks near Shell’s oilfields Alleged contempt: Court insists IGP must arrest INEC boss 500 PDP members defect to APC in Jigawa


Most Read NUDE PHOTO OF OMOTOLA JALADE-EKEINDE surfaces online (376,542 views) Nigerian female sex addict opens up, says ‘I like it with both men and women’ (365,943 views) Shameless Genevieve Nnaji exposes breasts in public (295,640 views) Finally named: The full list of friends of Nigerian female sex addict who prowled Facebook (241,384 views) OLUMBA OLUMBA OBU (the one who called himself God) IS DEAD (221,976 views) Igbo scholar disgraces Femi Fani-Kayode •Demolishes claims on Igbo/Yoruba history with facts and figures (216,805 views) Breaking News: POPULAR REVEREND CONVERTS TO ISLAM in Kaduna (Nigeria) (192,119 views) OBJ’s son reported dead in Lagos plane crash •Names of more victims emerge (174,281 views) THE FINAL DISGRACE: Igbo scholar unleashes more facts about Igbo/Yoruba history, finishes off Femi Fani-Kayode with second article (159,383 views) My wasted years in Olumba Olumba Obu’s Evil Brotherhood (157,831 views) Lagos plane crash: Journalist releases victims’ names (152,339 views) Gunmen kill ASP, 2 other police officers in vain bid to kidnap Rivers PDP chieftain (142,745 views)


Categories Advertorials (3) African Press Organisation (81) Art & Literature (56) Business & Economy (3,445) Business Verdict (48) Columnists (907) Complaints & Requests (95) Enterprise & Opportunities (207) Entertainment (526) Features (632) Global Business Monitor (294) International (2,265) Interview (161) Live Commentary (28) Love Matters (134) News (37,998) Opinion (1,056) Pidgin (11) Politics (6,031) Religion (814) Sports (1,643) Stock Watch (33) AMA & Al Jazeera Global Update


CBN banner

Firstmobile banner




Liverpool Destroying West Ham 4-0 - Highlights


APO Group Partner




GOCOP Accredited Member

GOCOP Accredited member



Africa Media Agency and Al Jazeera