March 31, 2025 in News

Plateau IRS generates N3.3 billion IGR in January 2025

The Plateau Internal Revenue Service (PIRS) generated over N3.3 billion in Internally Generated Revenue (IGR) in January 2025, a significant increase from the N1.6 billion recorded in January 2024.

This strong performance positions the agency well to meet its N52 billion annual revenue target.

PIRS Chairman Dr. Jim Wayas told NAN in Jos on Monday that improved revenue stemmed from efficient tax collection and taxpayer-friendly policies, despite Nigeria’s economic challenges.

“We started 2025 on a strong footing; in January alone, we have already generated slightly above N3.3 billion,” Wayas said.

“This is a departure from what we generated in the past; in January 2024, for instance, we generated N1.6 billion only. So, it means we are on a better path towards meeting our target for the year,” he noted.

Wayas acknowledged the economic difficulties faced by businesses and individuals but emphasized that the state’s revenue drive is designed to support, not stifle, economic growth.

“We know that the economic situation is not too good; people are struggling. Economic activities are not booming as they should, but we are not strangulating businesses to fund government activities,” he explained.

He noted that small and nano businesses are given flexible tax conditions to ease their financial burden.

“For nano businesses, we are not insisting they pay by all means because we know they are trying to survive. Like I always say, we are not taxing the seed (capital) but the income generated from it.”

“When taxpayers see their money being used for roads, schools, and healthcare, they are more willing to contribute. We urge all citizens to pay their taxes promptly to help Plateau State grow,” he added.




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