Ndubuisi Francis and Kelvin Okofu
No fewer than eight state governors, ministers, chief executives of various government revenue-generating agencies, directors of accounts and audit as well as revenue officers in Ministries, Departments and Agencies (MDAs) are expected at a three-day retreat in Kano to explore fresh ideas and strategies for boosting revenue generation.
This move is to help find ways of financing the 2016 budget and upgrade the country’s infrastructure.
According to a statement issued by Salisu Na’inna Dambatta Director (information), Ministry of Finance, the event is scheduled to hold between July13 and 15, 2016.
The Minister of Finance, Mrs. Kemi Adeosun, will declare the retreat open while the Governor of Kano State, Dr. Umar Abdullahi Ganduje, is expected to deliver the keynote address.
Experts on revenue generation and administration are to make presentations and contribute in articulating the way forward in revenue generation for Nigeria at the retreat
Some of the presentations will focus on expanding Nigeria’s revenue base in which strategies and new sources would be discussed; the non-oil revenue will be addressed and a way forward for success will be proffered, while the extraneous factors that could affect the implementation of the 2016 budget would also be dissected at the retreat.
The experts are also speak on continuous audit of independent revenue in the age of change and mechanisms for enhancing IGR by states through non-tax revenue to finance their budgets.