100 Days & Still Counting… NRA Nets Le229B

 

The National Revenue Authority (NRA) is reported to have unprecedentedly raised a revenue of over 229 billion Leones within the first hundred days of the ‘New Direction,’ Sierra Leone People’s Party (SLPP) led administration.

The Authority under the astute leadership of the newly appointed Commissioner General, Dr. Samuel Jibao reportedly increased revenue collection from Le 807 billion between January and March 2018 to Le 1,037 trillion, amounting to an increase in revenue raised in the first hundred days in office by the said sum and translating into 28.5% amelioration between April and June this year.

This unprecedented growth in revenue collection within a record time is, according to tax experts, as a result of strong political will coupled with prudent tax administration measures injected into the Authority by the newly appointed Commissioner General of NRA.

With the tax guru at the helm of affairs who has reportedly brought in reforms in the Authority within a short span, the Consolidated Revenue Fund (CRF) has reportedly netted Le90.710 billion of the Le1.037 trillion cash revenue reported so far.

It is therefore expected that the NRA under the leadership of the no-nonsense Commissioner General would hit, if not exceed the Le9 Trillion target set by President Julius Maada Bio for the next five years.

It could be recalled that the new NRA CG inherited a weak management under the allegedly corrupt former Commissioner General, Haja Kallah Kamara who is currently facing corruption charges by the Anti Corruption Commission (ACC).

The new NRA Commissioner General now faces an uphill tax of not only generating the much needed revenue for government but to also change the poor management style of his predecessor.