Nasarawa Revenue Service Generates N16.5bn in Eight Months

By Aminu Muhammad ,Lafia

The Nasarawa State Internal Revenue Service (NSIRS) has announced that it generated a total of ₦16.5 billion between January and August 2025, reflecting what it described as a significant improvement in its revenue drive.

The Executive Chairman of the Service, Alhaji Ahmed Yakubu Mohammed, disclosed this on Wednesday when he appeared before the Nasarawa State House of Assembly Committee on Finance and Appropriation to defend the agency’s 2025 second-quarter budget performance in Lafia.

According to him, the feat was made possible through the support of Governor Abdullahi Sule and the legislative arm, which provided the enabling environment for reforms and innovations in revenue collection.

“From January to date, we have generated ₦16.5 billion from mining, banks, construction companies, and other sources,” Ahmed Yakubu said.

“We are committed to exploring more avenues to increase revenue inflow into the coffers of the state government.”

The chairman explained that the Service has strengthened monitoring mechanisms across key revenue-generating sectors, including mining operations, the banking sector, and construction activities, to plug leakages and block sharp practices.

Earlier, the Chairman of the House Committee on Finance and Appropriation, Hon. Hudu A. Hudu, said the oversight session was part of efforts to assess the budget performance of agencies and ensure accountability in public finance management.

He commended the Service for surpassing expectations, while urging it to intensify efforts in diversifying revenue sources for sustainable growth.

“You should do more in generating revenue for the coffers of the state government. The more money the state has, the more developmental projects it can execute for the people,” Hudu said.

The lawmaker assured the Service of the Assembly’s continuous partnership and legislative support to further boost revenue generation and strengthen transparency.

With dwindling allocations from the federation account, the state has increasingly turned to internally generated revenue to finance its budgetary obligations and development projects.