FIRS To Spend N356.95bn In 2024


Federal Inland Revenue Service (FIRS) has proposed N356.95 billion 2024 budget to the federal government is contained in the 2024 Government-Owned Entities’ (GOE’s) budget proposal.

According to the proposed budget of N356,951,441,648, the FIRS plans to spend N11,070,000,000 on long service awards, N13,617,615,408 on welfare packages as well as N4,599,450,000 on the purchase of computers while networking/communications or information technology infrastructure takes N3,715,524,465.10.
addition, the revenue agency budgeted N5,550,000,000 to purchase motor vehicles and N1,350,000,000.00 to maintain vehicles and transport equipment
On power supply, the revenue will spend N2,480,840,000 on purchasing power generating set, N2,700,000,000 on fueling plant/generator, and N1,260,000,000.00 on electricity charges in one year.

FIRS also designated N15,222,000,000 on local grants and contributions to government-owned companies and N180,000,000 as grants to foreign international organisations. the budget, the revenue agency plans to spend N4,500,000,000.00 on local travel and transport, while international travel and transport is expected to gulp N1,350,000,000.00.

Also included in the budget is N10,200,415,000 earmarked for local (N7,500,415,000) and international (N2,700,000,000) training.

About Editor1

Check Also

Gov Eno signs Akwa Ibom State Independent Electoral Commission (AKISIEC) Amendment Bill

  …The amended law will empower the Commission to conduct a successful election -Ikoiwak By …