The Kaduna State government collected ₦77.1 billion as Internally Generated Revenue (IGR) in 2022, against the ₦88.5 billion budgeted.
The figure represents 87.1 per cent performance.
This was announced in Kaduna on Wednesday at the presentation of Citizens Accountability Report (CAR) on the implementation of Kaduna State 2022 budget.
Bolaji Osho, executive director of SkillsFuture Nigeria, who presented the report, described the achievement as commendable, considering the cash crunch that characterised the 2022 fiscal year in the state.
He attributed the 87.1 per cent performance to the consolidation of the state government’s aggressive IGR drive across major sectors of the economy.
“In 2019 for example, the government budgeted ₦41.7 billion but generated ₦43.9 billion, representing 105 per cent performance.
“In 2020, ₦29.4 billion was budgeted but 48.9 billion was generated, representing 166 per cent performance, while ₦51.7 billion was budgeted in 2021 and ₦52.4 billion was generated, representing 101 per cent performance,” he said.
Mr Osho explained that the engagement would engender public trust and strengthen transparency and accountability in the governance process.
The CAR identified the state’s critical source of tax revenue as personal taxes, which recorded 144.8 per cent performance during the period under review.
The personal taxes comprise of Pay As You Earn and Direct Assessment.
Kaduna State Internal Revenue Service generated the highest revenue of ₦35.5 billion against a budget of ₦29.9 billion representing 118.5 per cent.
This was followed by the Kaduna State Ministry of Finance with a revenue target of ₦13.3 billion but generated ₦15 billion, representing 113 per cent performance.
The Kaduna Geographic Information System also generated ₦5.1 billion against the ₦12.5 billion budgeted for the year, representing 40.4 per cent performance.
The report further showed that the government spent ₦254.9 billion out of the ₦309.9 billion budgeted for 2022, representing 82.2 per cent performance, leaving a variance of ₦55 billion.
On capital expenditure, the government spent ₦165.6 billion as against ₦196.8 billion budgeted for the year, representing 84.1 per cent performance, leaving a shortfall of ₦31.3 billion.
For recurrent expenditure, the government spent ₦89.3 billion as against ₦113 billion, representing 79 per cent performance with a shortfall of ₦23.8 billion.
On revenue performance, the government realised ₦255.2 billion as against the ₦309.9 billion projected, representing 82.2 per cent performance with a variance of ₦54.7 billion.
The recurrent revenue, made up of government share of Federation Allocation Account and Internationally Generated Revenue (IGR) was ₦150.3 billion as against ₦157.7 billion representing 95.3 per cent performance with a variance of ₦7.5 billion.
Earlier, the permanent Sscretary, Ministry for Finance,Mohammed Sanusi, explained that the presentation of the CAR was in line with the government’s drive for transparency and accountability.
Similarly, Hajiya Hadiza Idris, Citizens Co-chair, Open Government Partnership Kaduna, commended the Ministry for Finance for the consistency in presenting the report for public scrutiny.
(NAN)
