Investor Presentaiton
Revenue capture
IGR generation not reaching maximum potential in several areas, due to
multiple factors
Revenue Source
Land Use & Registration
Income tax
Vehicle Registration &
Licensing
MDA Revenue
Remittance
Mining
W
Agriculture
Telecommunications
Water & Energy
Resources
Potential initiatives to generate more revenue
•
Invest in land registration schemes to increase land titles (10% achieved currently) and ground rent and property
tax collected
Increase Tax Identification Number (TIN) registration for majority of population working in informal sectors (e.g.
agriculture, mining), by using alternative data capturing for the unbanked (e.g. phone number & biometrics
instead of BVN)
Tax revenue currently concentrated in urban areas (Jos accounts for -80% of total income tax)
Increase rate of vehicle registration by streamlining payment processes and data capturing
Increase licences & fees on commercial transport (e.g. carriages)
Incentivize MDAs to declare all revenue realized by eliminating manual fee collection and increasing the use of
bank payments which can link to TSA
Establish comprehensive database on mining companies operating in the state, operating licenses and minerals
mined by mandating local registration with the Ministry of Mineral Development
Increase efficiency of haulage, surface extraction and environmental impact by creating harmonized one-time
invoice
Minimize informal trade routes by creating a regulated structure for agricultural commerce, through which taxes
can be realized (both from farmers and buyers)
Charge telcos environmental impact tax for operation within Plateau
Reduce rate of infrastructure project abandonment (e.g. power line extension), to increase energy generation,
potentially for sale to neighboring states
Improve NESCO's capacity to generate more energy, leading to increased dividends for the state (Plateau has a
stake in the company)
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