The Plateau State Internal Revenue Service (PSIRS) has set an ambitious Internally Generated Revenue (IGR) target of ₦60 billion for 2026. This was disclosed by the Executive Chairman of PSIRS, Dr. Jim Pam Wayas, during a Radio Townhall programme aired on Jay 101.9 FM.
Dr. Wayas made the disclosure in an interview hosted by Osama Apkunonu and Ogidigboyibo, where he discussed revenue reforms, taxpayer compliance, and the economic realities facing businesses in Plateau State.
According to him, PSIRS has adopted flexible tax payment arrangements to accommodate businesses affected by economic difficulties. He explained that companies are allowed to pay their tax liabilities in installments to ease pressure and sustain productivity.
The PSIRS Chairman noted that many businesses have embraced this approach, with several firms making regular monthly payments that accumulate toward their annual tax obligations. He stressed that the goal is not to stifle businesses but to help them grow and remain compliant.
Dr. Wayas stated that tax compliance in Plateau State has improved significantly, as more citizens and organizations now engage PSIRS, ask questions, and seek clarification rather than avoiding their obligations.
He affirmed that Plateau residents are beginning to enjoy the dividends of their taxes, citing streetlight projects across major routes in Jos and other areas as visible outcomes funded through internally generated revenue.
Clarifying the use of tax revenue, Dr. Wayas explained that PSIRS is responsible for collection, while expenditure decisions are handled by the state government through the Ministry of Finance and relevant MDAs.
He revealed that a portion of IGR has been deployed to support critical interventions such as fertilizer subsidies for farmers, especially in response to rising production costs and economic hardship.
The PSIRS Chairman also addressed public misconceptions about increased federal allocations, explaining that rising revenues are offset by heavy debt servicing obligations inherited by the current administration.
Dr. Wayas disclosed that Plateau State currently services significant foreign and domestic debts, with monthly repayments sometimes running into several billions of naira due to exchange rate fluctuations.
He commended Governor Caleb Manasseh Mutfwang for prudent financial management, infrastructure revival, and a strong commitment to completing abandoned projects rather than initiating unnecessary new ones.
Dr. Wayas further praised the Governor’s leadership style, describing him as disciplined, non-extravagant, and deeply committed to unity, which he said has helped restore public trust and encourage voluntary tax compliance across Plateau State.
