BY CHAMBERLAIN ODEY, JOS – Prompted by the target set for it in the State’s 2021 budget of Economic Recovery and Consolidation of inclusive infrastructural growth, the Plateau State Internal Revenue Service has, as a matter of fiscal policy, resolved to act outside the box.
Accordingly, it has adopted Explosive Revenue Drive (ERED), as its creed and modus operandi to enable it meet its revenue target for the fiscal year.
Speaking on the 2021 revenue strategic projections of the agency, its chairman, Arlat Dashe, said the modus operandi is in line with the State’s 2021 budget in which the internally generated revenue is projected at about N21.7 billion.
Dashe also said the Plateau State Internal Revenue Service is positioned and determined to generate, under the State’s Revenue (Consolidation) Law 2020 with a unified revenue administration structure for ministries, departments, agencies, and local government councils.
Underlining massive tax payers registration, collecting agent and revenue agent registration, taxpayer representatives’ approach, and improved record keeping and data management as some of the strategies and policy paradigm, Dashe said the agency has altogether worked out 15 different strategies to enable it realise its fiscal target.
Summing the state’s inward looking resolve and revenue mindset for the fiscal process, Dashe said; “with the unprecedented drop of crude oil prices that resulted in the drop in statutory revenue allocation, taxation and charging fees and fines and levies for services and other forms of documentation have become a ready-made alternative source of revenue”.
Dashe also said; “There is an urgent need for government and its citizens to brace up and confront the present realities of a harsh economic climate that requires us to look inwards to be able to take advantage of any activity that is income yielding”.