The Kaduna State Government on Tuesday said it would review its revenue rates upward to enable the state meet up with its development projects.
Mr Garba Madami, the Commissioner for Economic Planning, told the News Agency of Nigeria (NAN) in Kaduna that the state should be able to generate more than the N1 billion it was generating from tax monthly.
Madami said that the projected budget estimates could only be achieved when the projected revenue was realised through reviewed laws.
“In 2013, the state lost N18billion of its revenue due to its unrealistic nature.”
Madami said the ministry had taken measures to boost its revenue generation, adding that the state government would reinvigorate its revenue machinery to improve generation.
“We will also work with the legislators to ensure that relevant laws are initiated to replace obsolete ones to enhance revenue generation.
“We will enhance revenue collections at various levels to enable the state government to implement the budget as planned.’’
Madami said the state House of Assembly was on the top to intensify action on their oversight function in order to ensure efficient budget implementation in the state.
He said the oversight function was necessary to ensure probity and accountability in public sector expenditures.
The commissioner disclosed that the 2014 approved budget would be implemented adequately in all ministries, department and agencies.
Madami said the 2014 budget of the state, tagged, “Budget of Peace and Continuity” had a total revenue projection of N200.96 billion.He said the budget comprised 63 per cent as capital expenditure and 37 per cent recurrent expenditure. (NAN)