KW-IRS is Subject to Strict Fiscal Discipline, Monitoring—Management

January 2, 2023
KW-IRS strict fiscal discipline

By Modupe Gbadeyanka

**Reiterates Commitment to Professionalism, Transparency

The Kwara State Internal Revenue Service (KW-IRS) has expressed dismay at the bile and determination of some persons to rubbish the service for their selfish gains, reiterating its commitment to professionalism and transparency in its operations.

In a statement issued by the Head of Corporate Affairs, Titilayomi Ogunwale, the organisation said what keeps it above malicious intent and envy is professionalism, transparency and the huge gains so far made in raising the bar in revenue generation and good ethics.

“A report in an online medium purporting some imaginary mismanagement of any funds is an exercise in futility. Unlike in the previous regime, KW-IRS is today subject to strict fiscal discipline and monitoring at higher levels. It does not control its spending, or does it handle any funds anymore. This is an improvement in prudence, transparency and accountability.

“While the Service still lawfully engages consultancy firms like all revenue agencies in the world, the management is proud to have ended the era of bogus and often-opaque consultancy fees of the past.

“Within the past three years alone, the KW-IRS has saved taxpayers N3.9 billion in what could have gone to consultancies of all kinds if the former platforms had been retained,” a part of the statement said.

It added that, “The savings from what was paid as consultancy before are now ploughed back to the public treasury for investment and development projects.

“It is this transparency and patriotic act of the present Management that are being twisted by the detractors who are not used to such culture.

“The Executive Chairman and management team of KW-IRS have made corporate governance and due diligence their watchwords and will continue to enforce the doctrine to the letter in the public interest.

“This possibly explains the relentless attacks on the government and KW-IRS. We are not deterred.”

The statement further said, “The service is aware of the vast network of conspiracies to sully its image through propaganda and false equivalence as political campaigns begin.

“However, we shall remain true to our commitments to raise the bar in our service to the people of Kwara State without compromising the law or our ethics. We will not succumb to lies and blackmail of any kind.

“Members of the public are by this statement enjoined to ignore the falsehoods, join hands to build a more prosperous Kwara, and continue to play their lawful part of tax payment as and when due to support the developmental agenda of the government.”

Modupe Gbadeyanka

Modupe Gbadeyanka is a fast-rising journalist with Business Post Nigeria. Her passion for journalism is amazing. She is willing to learn more with a view to becoming one of the best pen-pushers in Nigeria. Her role models are the duo of CNN's Richard Quest and Christiane Amanpour.

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