The Bayelsa State Internal Revenue Service, BIRS, has explained the reason behind the state’s internally generated revenue surging by 320 per cent to reach N4.2 billion.
In a statement on Saturday, BIRS attributed the historic revenue increase to the introduction of an electronic ticketing (e-ticketing) system, which has eliminated cash leakages, curbed corruption, and improved transparency in tax collection.
Commenting on the development, the state revenue service chairman, Daniel Eniekezimene, stated that the government had transitioned to a fully automated tax collection system, ensuring that all payments from transport operators, traders, and businesses go directly into state coffers.
“Unlike the old manual system, the e-ticketing platform generates instant receipts, making transactions traceable and reducing opportunities for extortion.
“This is a turning point for Bayelsa. We have blocked revenue leakages and ensured that every kobo collected goes straight into government accounts,” Eniekezimene stated.
Bayelsa Govt reveals secret behind state’s IGR surge to N4.2bn
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