Governor Chukwuma Soludo of Anambra State on Wednesday lamented that the state currently has a deficit in its Internally Generated Revenue (IGR). According to the governor, the IGR is not close to 50% of what he expected. This comes about five days after Governor Soludo celebrated his one year in office.
March 30, 2023Governor Chukwuma Soludo of Anambra State on Wednesday lamented that the state currently has a deficit in its Internally Generated Revenue .This comes about five days after Governor Soludo celebrated his one year in office.
He said, “If we have a 5 trillion naira estimate and collect 1%, that is 60 billion naira per year. If we collect 2%, that's 120 billion naira per year, or a minimum of ten billion naira per month on average. If we receive 5% of income, we will have 300 billion naira per year.”Soludo said, “As of Monday, we were dangling around 1 billion naira per month, which is extremely low. You can see how far we are doing in relation to the potentials that exist.
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