Our correspondent reports the amount represents a shortfall of about N9bn of its targeted N43.8bn revenue for the year.
He added that the COVID-19 period affected the IGR in 2019.
He said, “In 2019, during the COVID-19 period, Governor Udom Emmanuel out of his magnanimity granted tax exemptions and waivers in sectors of the economy, to alleviate the pain and difficulties people experienced at that time. That is taxation with human flesh. “He created an enabling environment. Without peace, there is no development; without peace, you cannot grow the economy; without peace, you cannot collect taxes. So the peace that Governor Udom Emmanuel brought about in Akwa Ibom state was one of the drivers of the IGR.
“Akwa Ibom stands tall as one of the states in Nigeria, if not the very first that has created an environment for people to live, eat and relax and for the ease of doing business. “The next was to exercise prudent fiscal management, managing the funds in a manner that is transparent. This has attracted voluntary compliance from taxpayers.”All rights reserved. This material, and other digital content on this website, may not be reproduced, published, broadcast, rewritten or redistributed in whole or in part without prior express written permission from PUNCH.
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