The Federal Capital Territory Administration has set a target of over two hundred and fifty billion naira, as monthly internally generated revenue in the territory.
Mandate Secretary of the Economic Planning, Revenue Generation, and Public Private Partnerships Secretariat, Chinedum Elechi, made this known during a meeting with revenue officers at the FCDA Conferences Hall in Abuja.
Elechi said it was possible for the administration to generate as much as three hundred billion naira in a month, adding that it will have a human face to deal with the issues of multiple taxation in the FCT.
Elechi also stated that it was important for all revenue-generating Secretariats, Departments and Agencies to work at generating revenue for the infrastructural development of the FCT, particularly in the face of dwindling statutory allocation from the Federal Government.
He charged every SDA to identify all revenue-yielding sources, pursue their revenue targets, and block all loopholes and revenue leakages.
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