The Borno State Internal Revenue Service (BO-IRS) has recorded a remarkable revenue performance in the 2025 fiscal year, surpassing its projected target by about ₦7 billion.
The Executive Chairman of BO-IRS, Prof. Bello Alaji Ibrahim, disclosed this on Monday while leading the management team of the service to the Borno State House of Assembly for the defence of its 2026 budget proposal before the House Committee on Finance.
Prof. Ibrahim told the committee, chaired by Hon. Ibrahim Inuwa Kubo, that the service exceeded its projected revenue target of ₦25.01 billion by generating a total of ₦32.32 billion within the period under review.
He attributed the achievement to sustained institutional reforms, improved tax compliance, enhanced operational efficiency and the commitment of staff of the service.
According to him, the improved revenue performance has significantly strengthened the state’s internally generated revenue base and contributed to funding key development initiatives.
The BO-IRS boss commended Gov. Babagana Umara Zulum for his support, clear policy direction and commitment to strengthening revenue-generating institutions in the state.
He said the governor’s leadership had provided an enabling environment for the service to function effectively and deliver measurable results.
Prof. Ibrahim assured the committee that BO-IRS would sustain the current momentum and intensify efforts to further improve revenue generation in line with the development priorities of the state.
In their response, members of the House Committee on Finance applauded the performance of the service and commended its management for transparency and accountability.
The committee urged BO-IRS to consolidate on the gains recorded and work diligently towards achieving its revenue projections for the 2026 fiscal year.
The budget defence session reaffirmed the commitment of BO-IRS to supporting the Borno State Government’s economic growth agenda through efficient and sustainable revenue mobilisation.
