Plateau State Commissioner for Finance Mrs. Tamwakat Weli has said the 2016 budget before the House of Assembly can only be financed by internal revenue.

The commissioner, who spoke yesterday while leading a tax sensitisation road walk around Jos, said: “The dependence on oil revenue and monthly statutory allocation to states in the past is no longer enough to sustain states’ expenditure. Each state will have to look for alternative revenue to fund local budget.”

The walk, organised by the Board of Internal Revenue, took workers and management around major streets in Jos to create awareness on the importance of paying tax.

Mrs. Weli said: “The awareness campaign becomes necessary following the fall in oil prices and reduction in federal allocation to the state.”

count | 177

Plateau to depend mainly on internally generated revenue

About The Author
-