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As IRS Rakes N104bn In Six Months
THE Delta State Internal Revenue Service (IRS) has recorded a landmark achievement in Internally Generated Revenue (IGR) collections for the first half of the 2025 fiscal year.
The Executive Chairman of the Board, Hon Solomon Ighrakpata, who disclosed this in a statement, said N104,080,603,826.74 was collected between January and June 2025.
Ighrakpata said that the collected revenue is against the N78,017,546,571.06 collected for the same period in 2024, with a positive variance of N26,063,057,255.68 or 133.41 per cent performance.
He explained that with the cumulative IGR collection figure of N104,080,603,826.74 from January to June, 2025, the revenue service has achieved approximately 77.62 per cent of the annual revenue target of N134,092,848,109.00 in the 2025 budget estimates.
Ighrakpata said that the board is very hopeful of surpassing the revenue target at the end of the 2025 fiscal year.
The Delta IRS chairman attributed the factors responsible for the success story to include the judicious use of taxpayers’ monies to execute landmark projects across the three senatorial districts of the State by Governor Sheriff Oborevwori, and teamwork by board members and management of the service.
Ighrakpata also paid tributes to the technical support by lead consultants to the service, ICMA Professional Services and Zopaz Advisory Services for their commitment to IGR drives in the state.
He also acknowledged the engagements with relevant stakeholders, sensitization and education of taxpayers, implementation of whistle blowers’ policy and the constitution of the Executive Chairman Intelligence Gathering and Compliance Monitoring Unit and Tax Investigation Unit, effective utilization of Tax Audit Review Committee (TARC) meeting for reconciliation or speedy resolutions of tax liabilities objections among others, as steps taken by the board to achieve the desired outcomes.
Ighrakpata expressed gratitude to all relevant stakeholders including the Security Agencies, the Revenue Collecting Banks, the Organized Private Sector, Professional Bodies, Unions, Trade Associations, Business Groups, Traditional Institutions, Local Government Authorities and others who have continued to partner with the Service by dutifully performing their civic responsibility of paying their due taxes to the Delta State Government.
He maintained that the development has assisted the Service to shore up the IGR, thereby providing the funds needed to execute more people-oriented projects.
