Kaduna targets N120bn revenue for 2026 fiscal year

The Kaduna State Internal Revenue Service (KADIRS) has disclosed that Kaduna State plans to generate N120 billion in revenue in the 2026 fiscal year.

Jerry Adams, Executive Chairman of KADIRS, made this disclosure on Wednesday in Kaduna on the sidelines of the service’s annual performance review, work plan, and strategic retreat for 2026.

Adams explained that the state government had set N74 billion as KADIRS’ target, while the service adds a percentage to the government’s target to motivate staff to exceed approved revenue benchmarks, increasing the 2026 target from N74 billion to N80.09 billion.

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He emphasized that the state government’s overall revenue target for 2026 stands at N120 billion, adding that the proposed budget from the Kaduna State Planning and Budget Commission is N117,279,524,821.96.

He said, “KADIRS is expected to generate N74,279,524,821.96, while ministries, departments, and agencies are to generate N43,242,209,597.80.”

Adams noted that the retreat was convened to underscore the importance of the moment and the responsibilities before the service.

“The retreat was aimed at charting a clear course for effective implementation and ensuring KADIRS remains proactive and responsive.

“The recent stakeholder engagements and the Kaduna State Tax Dialogue were strategic efforts to align stakeholders and prepare for the new tax regime.

“Internal reviews, consultations, and inter-agency collaborations have shown that complacency in revenue administration has ended,” he said.

Adams also stated that the commencement of the Nigerian Tax Act marks a defining phase in Nigeria’s tax administration, requiring clarity, preparedness, and decisive action.

The chairman said the Nigerian Tax Act would reshape revenue streams, administrative processes, and taxpayer engagement.

He urged staff at all levels to take personal responsibility for mastering the provisions relevant to their duties.

Adams stressed that excellence must be demonstrated in policy interpretation, law application, taxpayer engagement, and results delivery.

He warned that mediocrity under the new tax regime would be costly and that errors would have far-reaching consequences.

The executive chairman said the implementation of the act would significantly influence the state’s capacity to fund development and deliver services.

He encouraged open and constructive engagement during the retreat, urging that outcomes translate into daily operations.

Adams commended KADIRS’ management and staff for their dedication and resilience, attributing past achievements to discipline and teamwork.

Ibrahim Tanko, Commissioner for Finance, said continuous learning and capacity building are crucial to effective revenue administration in Kaduna State, especially under the Nigerian Tax Act 2025.

Tanko, represented by the Permanent Secretary of the ministry, Lawal Habeeb, said the retreat reflects KADIRS’ commitment to institutional improvement and alignment with government fiscal priorities.

He commended KADIRS’ management and staff for their dedication and professionalism, describing their resilience as vital to successful policy implementation and the achievement of shared fiscal goals.

He called for massive public awareness and stakeholder engagement to address taxpayer misconceptions, particularly beyond metropolitan areas, and expressed appreciation for the opportunity to address the retreat.