Tuesday, July 22, 2025

Delta State IRS records over N104 Billion in six months

Delta State Internal Revenue Service (IRS) has recorded a massive increase in Internally Generated Revenue (IGR) between January and June 2025.

The Executive Chairman of the Board, Hon. Solomon Ighrakpata, in a statement, said that ₦104.08 billion collected in the first half of 2025 surpassed the ₦78.02 billion generated in the same period of 2024, creating a positive difference of ₦26.06 billion, marking a 133.41% performance over the same period last year.

Confident that the board is going to exceed its target before the end of 2025, he noted that the performance reflects about 77.62% of our annual revenue target of ₦134.09 billion as projected in the 2025 budget.

The IRS chairman lauded the Governor Sheriff Oborevwori, whose projects across the state have spurred public confidence and compliance. He also praised the synergy among IRS board members, management, and staff, including federal and state MDAs.

Ighrakpata highlighted other key strategies that boosted revenue, includes expanded stakeholder engagement, taxpayer education, a whistle-blower policy, enhanced compliance monitoring units, tax investigations, and prompt reconciliation through the Tax Audit Review Committee (TARC).

Read also: Governor Oborevwori committed to unbiased development in Delta — Izeze

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