The Kwara State Internal Revenue Service (KWIRS), has disclosed that it expended a total sum of N275 million on community service for development of the state since 2016, just as it generated revenue of N20.5 billion between January and November 2018.
Murtala Awodun, executive chairman of the agency, made the disclosure last Thursday while briefing journalists on the activities of KWIRS in the last quarter of the year.
Given the breakdown, Awodun said the agency realised N2.2 billion in January, February N2.39 billion, March N1.8 billion, April N1.29 billion, May N1.2 billion, June N1.18 billion, July N1.3 billion, August N2.5 billion, September N2.1 billion, October N1.6 billion, and November N2.7 billion.
He restated that the KWIRS had from first quarter to the third of the year, realised N6.4 billion, N3.6 billion and N5.9 billion, respectively.
He further explained that the revenues collected in 2016 and 2017 were N17.4 billion and N19.6 billion, respectively, while that of the 2018, excluding this month of December, was N20.5 billion.
He disclosed that in this year’s last quarter, the agency had already collected a total of N4.4b while still waiting for that of December.
The revenue boss expressed hope that by the time the December revenue was received, the amount of N26.96 billion budgeted as revenue to be collected by the agency for the year would be realised.
“We are hopeful that our revenue generation for the month of the December shall be the highest so far,” he said.
