Officials in Plateau State say they made “frantic efforts” to improve State revenue and reduce overdependence on federal allocation long before covid-19. The move followed global crash in crude oil prices, Plateau State Governor, Simon Lalong said, Thursday.
By looking “inwards”, the State, according to Lalong raised its Internally Generated Revenue from about N600million monthly in 2015 to about N900million in 2019.
Part of strategies employed was the harmonization of revenue collection platforms by the State, the Governor said at the inauguration of Plateau State Revenue Council and the Governing Board of the Plateau State Internal Revenue Service in Jos.
In his words, “In line with my firm resolve to address this challenge and improve the revenue profile of our dear State, my administration engaged Compliance Professionals Plc. (CPP), a reputable tax consortium, to help steer the transformation of revenue administration across the State, including at Local Government levels.
“Our engagement with CPP led to an in-depth assessment of the current state of the IGR environment in Plateau State and the dissection of the 2017 Revenue Law which gave birth to the new Plateau State (Consolidated) Revenue Law, also known as the Revenue Law 2020, which I signed into law at the close of 2020. I want to once again appreciate the Rt. Hon. Speaker and Honourable Members of the State House of Assembly for their thorough and expeditious passage of the bill.
“This journey has led to the development and implementation of the plan to effectively transit from the current state to a harmonized internal revenue generation and collection system, thereby improving efficiency and effectiveness and significantly increasing bottom lines.
“As a result of this, a new and viable template called Plateau State Revenue Generation Project has been developed by the CPP. This is expected to be a game changer because it seeks to completely rethink the way and manner in which revenues in the state are generated and ultimately make Plateau an example for other States to emulate.
“A very vital part of the project approach and organization is the Harmonized Revenue Administration Process Redesign (HRAPR). This approach seeks to Implement the right revenue administration process across all MDAs and LGCs, and ultimately across all main revenue lines with priority on areas of high revenue capture. The main aim is to ensure that changes in this project are institutionalized.
“Consequently, the project is broken down into series of goals or waves. The First Focus Wave which covers the period of February to July 2021, recommends the Implementation of a New Administrative Structure and Revenue Council for the State. Today, we are here to usher in part of this new structure that will change the revenue profile of the State for good.
“One of the major objectives of the Revenue Law 2020 is to ensure effective and efficient revenue generation, by creating a New Organizational Structure for Plateau State Internal Revenue Service, revenue generating MDAs and Revenue Departments in all the 17 Local Government Areas. With this development, new Revenue Units are to be created to consolidate the efforts of employees of Plateau State Government particularly those in the revenue stream.”