HomeBusiness & EconomyBorno Gov't introduces...

Borno Gov’t introduces new taxes to boost IGR

The Borno State Government has introduced three new taxes in the transport and business sectors to boost its economy.

According to the state government, the Consumption, Entertainment, and Presumptive Tax (CEPT) are to raise the state’s Internally Generated Revenue (IGR).

While announcing the adoption of the new taxes yesterday in Maiduguri, the Chairman, Board of Internal Revenue Service (BIRS), Mohammed Alkali, disclosed that new technologies had been deployed in revenue and tax collection to plug leakages in the formal and informal sectors of the economy.

He noted that the 2021 harmonised revenue law had been passed by the House of Assembly.

Follow the Neptune Prime channel on WhatsApp:

Do you have breaking news, interview request, opinion, suggestion, or want your event covered? Email us at neptuneprime2233@gmail.com

Get notified whenever we post something new!

spot_img

Continue reading

Neptune Prime Weekly Magazine (07 – 08 Feb 2026)

NEPTUNE PRINE E-COPY 14.02.2026 (1)NEPTUNE PRINE E-COPY 14.02.2026 (1)

Key achievements, challenges highlighted as BASICO alumni hold 3rd Annual General Meeting

Key achievements, challenges highlighted as BASICO alumni hold 3rd Annual General Meeting The Alumni Association of the School of Basic Studies, ABU Zaria (Basico Alumni), held its third Annual General Meeting (AGM) virtually on January 15, 2026. The meeting featured...

The interconnected challenge of drug abuse and gambling in Nigeria, by Ojoma Omale

The interconnected challenge of drug abuse and gambling in Nigeria, by Ojoma Omale The fight against illicit drugs in Nigeria has been persistent, intensified, and increasingly impossible to ignore. Over the years, the Nigerian government, through the National Drug Law...