Sunday, July 28, 2019

WAYS GOV FINTIRI WILL MAKE A DIFFERENCE IN REVENUE GENERATION

WAYS GOV
It is a known fact that governments at all levels are currently exploring difference sources of revenues to enhance its Internally Generated Revenue (IGR). The effort is aimed at generating revenues needed to meet the recurrent and capital requirement or for the services of government activities.
Likewise, in Adamawa state successive governments in the past had strived assiduously to boost revenue generation, but still depended largely on the federation account for the services of the state.
Even though they explored sources like licenses, taxes, fines and fees, rent on public and private property, earnings and sales among others; however, there are rooms for improvement on them. This improvement will go along way in making resources available for the state and its citizens.
More so, these sources should be improved upon through restructuring, keeping of accurate data, embarking on massive and purposeful training of workers, public awareness, deployment of modern technology to plug up leakages etc.
Taking these into consideration will tremendously enhance the IGR ;thereby, reducing over- dependence of the state government on revenues from the federation account before carrying out its activities.
It is in the light of the foregoing that the Deputy Speaker of the Adamawa State House of Assembly, Hon. Pwamwakaino Mackondo, suggested possible ways that if followed, will help the present administration succeed in boosting IGR.
The Deputy Speaker opined that proper accountability must be taken seriously, block all loopholes in IGR, implementation of Single Treasury Account (TSA), deployment of modern accounting system, and however advocated for diversification of revenue sources.
Hon. Pwamwakaino, a former Staff of the State Board of Revenue (BIR) who specialises in revenue generation, declared that Jimeta Ultra Modern alone is enough to jack up what the state realises every month, saying that from the look of things there is no proper accountability of IGR in the market.
He added that the motor licensing authority at BIR needs reorganization because according to him, he has a piece of information that some of the licensing are being taking to another state of which it is waste of revenue.
For public and private organizations that do not pay taxes, he posited that the state has legislation on it, but it needs improvement to make it effective, saying such organisations must be made to pay as they earn and be properly accounted for.
He observed with concern how revenues are being taking to other states as a result of poor application of the modern system of collecting revenues most especially that of number plates of vehicles.
He disclosed that Taraba and Gombe states respectively are using easy registration, while Adamawa state is still using automatic registration, explaining that whenever there is network problem, automatic registration will take more than 2 to 3 days before you have one vehicle registered.
For easy registration, according to him, in less than 3 to 5 minutes, one can successfully register a vehicle, and therefore advised government to implement modern method of collecting IGR for availability of resources.


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