The Executive Chairman, Delta State Internal Revenue Service, DSIRS, Hon Solomon Ighrakpata, has announce that the Service surpassed its Internally Generated Revenue, IGR target for 2024 fiscal year by a significant margin.
Hon Ighrakpata, in a statement made available to newsmen, said the Service achieved a milestone 143. 05% performance in IGR collections in 2024.
The Executive Chairman explained that against the IGR target of N110,304,108,619.00 projected for the 2024 fiscal year, the Service generated the sum of N157,785,188,072.55, pointing out that the 2024 collection exceeded the N114,088,309,224.99 collected in the year 2023.
Hon Ighrakpata described the 2024 collection as unprecedented in the history of Delta State, saying that inspite of the momentous achievement, DSIRS remained dogged in its determination not only to sustain the impressive record of IGR collections in recent years, but also to significantly improve on them.
He stated that the focal point of the state government in the 2025 fiscal year was the Informal Sector and High Net-worth Individuals, even as he expressed heartfelt gratitude to Governor Sheriff F.O. Oborevwori for the landmark projects being executed across the Sate and his peace building efforts aimed at providing a safe environment for businesses to operate and thrive in the state.
Ighrakpata noted that the Governor’s effort had boosted the confidence of the Service in its revenue drive, as well as engendered the culture of voluntary tax compliance among the tax paying public who could see their tax payments being judiciously put to use.
He added, “Our appreciation also goes to the Secretary to the State Government, the Commissioner of Finance and Commissioner of Economic Planning for the administrative support granted the Service, which was instrumental in our remarkable success.
“I am immensely grateful to the members of the Board of Delta State Internal Revenue Service, the Executive Directors, Management and staff of the Service for the culture of collaboration, teamwork, hard work and dedication, which have paid off in terms of increased IGR collections since we took over the business of revenue generation in the month of July, 2023.
“I also wish to sincerely appreciate all relevant stakeholders including the Ministries, Departments and Agencies of the Federal Government, the Ministries, Departments and Agencies of the State Government, the Security Agencies, the Revenue Collecting Banks, the Organized Private Sector, Professional Bodies, Unions, Trade Associations, Business Groups, Traditional Institutions, Local Government Authorities, etc for partnering with the Service and dutifully performing their civic responsibility of paying their due taxes to the Delta State Government. This is indeed an important part of our success story”.
Hon Ighrakpata expressed the hope that all would continue to partner with the Service as it continued to exercise its mandate of shoring up the IGR to provide the funds needed to execute more people-oriented projects by the result-oriented Governor, Rt. Hon Sheriff F.O. Oborevwori under the M.O.R.E. Agenda of his administration.
Continuing the DSIRS Executive Chairman said, “once again we are proud of this achievement, which demonstrates our ability to effectively mobilize revenue and contribute to the development of Delta State.
“As we celebrate this success, we remain committed to continuing our efforts to improve revenue generation and ensure that our state remains economically vibrant and sustainable”.
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