The Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, has announced an ambitious target to boost Federal Government’s Internally Generated Revenue (IGR) by a significant 77%. Speaking at the 2024 Strategic Management Retreat of the Federal Inland Revenue Service (FIRS) in Abuja on Wednesday, he added that the Federal Government plans to move away from relying on expensive debts.
He also emphasised the critical role of tax in the government’s strategy to increase revenue. Edun added that the increase is crucial for bridging the existing infrastructure deficit and constructing robust social safety nets to support ordinary Nigerians.
The finance minister said:
Source: https://thenationonlineng.net/fg-targeting-77-increase-in-igr-says-edun/
