• About Us
  • Advertise
  • Contact Us
  • Privacy Policy
Wednesday, October 1, 2025
No Result
View All Result
NewsNet Nigeria
  • Home
  • News
    • Local News
    • National
  • Politics
  • Economy
    • Oil and Gas
  • Crime
  • Education
  • Health
  • Entertainment
    • Lifestyle
  • Sports
  • MORE
    • Interview
    • Editorial
    • Opinion
    • Columns
    • Science & Tech
    • Videos
NewsNet Nigeria
No Result
View All Result
Home Economy

Ighrakpata-led DSIRS targets informal sector in 2024 IGR projection

by NewsNet Nigeria
2 years ago
in Economy
Ighrakpata-led DSIRS targets informal sector in 2024 IGR projection
Share on FacebookShare on TwitterShare on LinkedinShare on Whatsapp

Delta State Internal Revenue Service, DSIRS, says it is not relenting on efforts to devise ways to meet the internally generated revenue projection for the 2024 fiscal year in the state.

Executive Chairman of DSIRS, Hon (Chief) Solomon Ighrakpata, who stated this while addressing stakeholders at a meeting in Warri, said the informal sector remains the focal point towards achieving the set goals.

Giving a breakdown of the successes recorded by the present board in 2023, Hon Ighrakpata said the Service achieved a milestone performance in respect of IGR collections in the 2023 fiscal year.

According to the Executive Chairman, the Service generated over One Hundred and Fourteen billion Naira, against the budgeted Ninety Five Billion Naira (95,000,000,000.00), surpassing the target by over Nineteen Billion Naira or twenty-point one percent.

“Against the IGR target of N95,000,000,000.00 in the 2023 Budget estimates, the Service generated the sum of N114,088,309,224.99 thus surpassing the target by N19,088,309,224.99 or 20.09%.

“Furthermore, the sum of N114,088,309,224.99 collected in the year 2023 exceeded the sum of N84,040,676,276.60 collected in the year 2022 with N30,047,632,948.39  or 35.75%.

ALSO READ  Delta State IRS Records Over N104 Billion in 2025 Half-Year IGR, Eyes Surpassing Annual Target

“It is worthy of note that the sum of N114,088,309,224.99 collected in the 2023 fiscal year is unprecedented in the history of the State”, Ighrakpata said.

The immediate past Deputy Chief Whip and Chairman, Public Accounts Committee, Delta State House of Assembly, disclosed that the sum of One Hundred and Ten Billion Naira (110,000,000,000.00) has been set as IGR target in the 2024 Budget estimates.

Ighrakpata, however, noted that despite the budgeted sum, the Service has made an IGR projection of One Hundred and Thirty-Six Billion Naira (136,000,000,000.00), having already surpassed the estimates in the budget with the collections for the previous year.

“Despite the landmark achievement, the Service is not relenting in its efforts to devise ways and means to meet the IGR projection in the current year. The focal point of this administration is the Informal Sector.

ALSO READ  Delta State IRS Records Over N104 Billion in 2025 Half-Year IGR, Eyes Surpassing Annual Target

“To this end, we are calling on Artisans, Unions, Associations, Professional Bodies, etc to support the efforts of the Service by dutifully performing their civic responsibility of paying their due taxes, levies, fees, rates and charges to the Delta State Government as enshrined in extant Laws.

“This will provide the critical funds needed to execute the laudable policies, programmes and projects of our result-oriented Governor, Rt. Hon. (Elder) Sheriff F.O. Oborevwori under the MORE Agenda aimed at enhancing the quality of lives in Delta State”, he emphasized.

Hon Ighrakpata expressed profound gratitude for the Service to the State Governor, Rt. Hon. (Elder) Sheriff F.O. Oborevwori, for support and encouragement.

He also commended the Governor for the landmark projects being executed across the three Senatorial Districts of the State and his peace-building efforts geared towards providing a safe environment for businesses to operate and thrive in the state.

ALSO READ  Delta State IRS Records Over N104 Billion in 2025 Half-Year IGR, Eyes Surpassing Annual Target

Ighrakpata noted that the development had indeed boosted the confidence of the Service in its revenue drive, even as he solicited the support of all relevant stakeholders including Ministries, Departments and Agencies of both Federal and State Government, the Security Agencies, the Revenue Collecting Banks, the Organized Private Sector, Professional Bodies, Unions, Trade Associations, Business Groups, Traditional Institutions and Local Government Authorities, amongst others.

The Executive Chairman called for a stronger partnership with the Service as it continues to exercise its mandate of shoring up the Internally Generated Revenue for the overall development of the State, saying that it is yet to meet its potential.

Ighrakpata also paid glowing tributes to the Executive Directors as well as management and staff of the revenue service for their hard work and dedication to duties, even as he urged them never to relent in putting in their best in line with the vision and mission of the Oborevwori’s led administration.

Previous Post

Isoko National Youth Assembly unfolds action plan to EDFA DESOPADEC, Kome

Next Post

Delta CP orders removal of DCO 2 Abraka Division over N2.4m extortion

MORE NEWS

FG Declares Friday, September 5, Public Holiday for Eid-ul-Mawlid
Celebration

The Worst Is Over, Nigeria on Path to Recovery, Says Tinubu at 65th Independence Anniversary

October 1, 2025
Delta Speaker Guwor Urges Collective Action for a Greater Nigeria at 65th Independence Anniversary
Celebration

Delta Speaker Guwor Urges Collective Action for a Greater Nigeria at 65th Independence Anniversary

October 1, 2025
Senator Nwoko Urges Ohaneze’s Sustained Backing for Creation of Anioma State
Celebration

Senator Nwoko Urges Ohaneze’s Sustained Backing for Creation of Anioma State

September 30, 2025
Delta North Monarch Affirms Anioma Are Igbos, Backs Nwoko’s Push for Statehood
Economy

Delta North Monarch Affirms Anioma Are Igbos, Backs Nwoko’s Push for Statehood

September 24, 2025
Next Post
Police in hot chase of suspects in Aboh Ogwashi-Uku assassination in Delta

Delta CP orders removal of DCO 2 Abraka Division over N2.4m extortion

Leave Comment

RECENT STORIES

FG Declares Friday, September 5, Public Holiday for Eid-ul-Mawlid

The Worst Is Over, Nigeria on Path to Recovery, Says Tinubu at 65th Independence Anniversary

October 1, 2025
Nigeria at 65: Senator Dafinone Urges Renewed Hope, Commitment to National Unity

Nigeria at 65: Senator Dafinone Urges Renewed Hope, Commitment to National Unity

October 1, 2025
Delta Speaker Guwor Urges Collective Action for a Greater Nigeria at 65th Independence Anniversary

Delta Speaker Guwor Urges Collective Action for a Greater Nigeria at 65th Independence Anniversary

October 1, 2025
I am not senator for only APC members – Joel-Onowakpo

Constituents Express Concern Over Senator Joel-Onowakpo’s Perceived Silence in Senate

September 30, 2025
Warri Rebirth Initiative Postpones October 1st Celebration over Security Concerns

Warri Rebirth Initiative Postpones October 1st Celebration over Security Concerns

September 30, 2025

TRENDING STORIES

  • Ibru Organisation Chairman, Olorogun Oscar Ibru, Dies at 67

    Ibru Organisation Chairman, Olorogun Oscar Ibru, Dies at 67

    0 shares
    Share 0 Tweet 0
  • FIFA Strips South Africa of Win Over Lesotho for Fielding Ineligible Player

    0 shares
    Share 0 Tweet 0
  • Uroye Calls for Calm, Dialogue as Tension Heightens Over Killing of Jerry, Consoles Family

    0 shares
    Share 0 Tweet 0
  • Delta Police Begin Enforcement on Tinted Glass, Siren, Number Plate Regulations October 2

    0 shares
    Share 0 Tweet 0
  • At 70, I Owe All Life Has Given Me to God – Chief Ejovi

    0 shares
    Share 0 Tweet 0
  • About Us
  • Advertise
  • Contact Us
  • Privacy Policy

NEWSNET NIGERIA Published By: Morex Consult Limited - Since 2020.

No Result
View All Result
  • Home
  • News
    • Local News
    • National
  • Politics
  • Economy
    • Oil and Gas
  • Crime
  • Education
  • Health
  • Entertainment
    • Lifestyle
  • Sports
  • MORE
    • Interview
    • Editorial
    • Opinion
    • Columns
    • Science & Tech
    • Videos

NEWSNET NIGERIA Published By: Morex Consult Limited - Since 2020.