The Plateau State Internal Revenue Service (PSIRS) has announced that it generated ₦45.1 billion in Internally Generated Revenue (IGR) in 2025, representing an 86 per cent performance against its ₦52.3 billion revenue target for the year.
The Executive Chairman of PSIRS, Dr. Jim Pam Wayas, disclosed this on Monday, February 9, 2026, while addressing journalists at the agency’s headquarters in Jos during a press briefing on the service’s 2025 performance and revenue outlook.
Dr. Wayas described 2025 as a challenging fiscal year due to significant changes in national tax policies and the introduction of new tax reform laws, noting that the year marked a transition period ahead of the full implementation of the reforms in 2026.
He presented a comparative overview of the state’s revenue performance over the last three years, highlighting steady growth in collections.
According to him, Plateau State generated ₦15.9 billion in 2022 against a target of ₦24.1 billion, representing 58 per cent performance.
In 2023, revenue rose to ₦25.8 billion from a ₦28.6 billion target, achieving about 90 per cent. In 2024, the state generated ₦31.1 billion out of a ₦38.8 billion target, while in 2025, revenue climbed to ₦45.1 billion, the first time the state crossed the ₦40 billion mark.
Focusing on PSIRS performance alone, Dr. Wayas said the agency recorded its highest achievement since inception in 2025 by generating ₦32 billion out of a ₦34 billion target, representing 94 per cent performance. He noted that this was the first time the service had achieved over 90 per cent of its budgeted target.
He added that revenue generated by ministries, departments and agencies (MDAs) also improved over the years, although performance varied. MDAs generated ₦12.5 billion in 2025 against a target of ₦17.9 billion, representing about 70 per cent performance.
Dr. Wayas attributed the improved revenue trajectory to institutional reforms, automation of revenue collection processes and the elimination of cash transactions, stressing that Plateau State is among a few states operating a fully cashless revenue system.
He also addressed concerns surrounding the new tax reforms, explaining that the changes were designed to reduce the burden on taxpayers through increased reliefs and allowances.
According to him, the revised Pay-As-You-Earn (PAYE) structure now exempts the first ₦800,000 of income from tax, compared to the previous ₦300,000 threshold, while introducing rent relief allowances of up to ₦500,000.
“These reforms are actually designed to put more money in the hands of taxpayers. However, states must now improve efficiency and expand the tax net to prevent revenue decline,” he said.
Speaking on mining activities in Plateau State, the PSIRS chairman expressed concern over revenue losses resulting from illegal mining and the shipment of minerals to other states for registration and export, which deprives Plateau of royalties.
He explained that while mining falls under the exclusive legislative list and royalties are paid to the Federal Government, income earned by individuals involved in mining activities is taxable by the state.
Dr. Wayas said the service has begun collaborating with relevant federal agencies to obtain records of mining operators and trace income flows, particularly through banking transactions, in order to bring eligible individuals and companies into the state’s tax net.
He acknowledged the challenges of taxing informal and illegal mining operations but expressed optimism that ongoing collaboration and improved data access would enhance revenue from the sector.
The PSIRS chairman thanked taxpayers and stakeholders for their cooperation and reaffirmed the agency’s commitment to growing revenue without imposing hardship on residents, while ensuring transparency and accountability in revenue collection.
