Governor Aminu Waziri Tambuwal of Sokoto State has said his administration has begun the process of repealing obsolete laws hampering effective revenue generation in Sokoto State.
To this end, a bill that would soon be sent to the state House of Assembly for passage into law is being perfected by legal and tax officers who are expected to complete their assignment in due course.
A statement issued in Sokoto wednesday by the governorâ€™s spokesman, Malam Imam Imam, said Tambuwal spoke after a meeting with officials of the interim management committee of the state board of internal revenue.
â€œWe have recorded modest achievements in revenue generation in the last year but I have to admit we have our sights set on far higher targets.
â€œIn 2017, we achieved 98.40 per cent annual growth on our internally generated revenue (IGR) compared to previous year. This followed the intervention we put in place by appointing new officers to head the revenue generating agency in the state.
â€œWe will continue to support your work by giving you all the necessary tools to succeed. We will also institutionalise these achievements by passing relevant laws that will move revenue generation forward,â€ the governor added.
He said a situation where some of the state laws being in operation since the 70s cannot meet up with the requirement of modern governance.
Data released by the National Bureau of Statistics (NBS) showed that Sokoto State achieved a 98.40 per cent increase in its 2017 IGR, netting in a total of N9.02 billion into its coffer.