Delta State Nigeria

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Ministry of Finance

FINANCE
 
The state Ministry of Finance is responsible for the management and control of all finances of the State Government as well as the following:
· Financial policies;
· Investments and Loans;
· Advances and Banking;
· State Revenue and Expenditure Accounts;
· Supervision of the Office of the Accountant-General;
 
 
PARASTATALS
 
· Board of Internal Revenue.

The Delta State Board of Internal Revenue is the body entrusted with controlling and administering the different taxes/tariffs set out in schedule to the Delta State Internal Revenue Consolidation Law, 2009.

In accordance with S.4 (1) and (2) of the Delta State Internal Revenue Consolidation Law 2009, The Board shall consist of:

a. An Executive Chairman.

b. Three (3) members with relevant qualifications and expertise who shall be appointed     by the Governor, to represent each of the three (3) Senatorial districts of the State.

c. Two (2) Directors of the Revenue Service.

d. A representative of the Ministry of Economic Planning who must not be below the rank     of Director.

e. A representative of the Ministry of Finance who must not be below the rank of     Director.

f.  A representative of the office of Accountant General who must not be below the rank of     Director.

g. A legal adviser from the state Ministry of Justice who must not be below the rank of     Director.

h. A secretary who shall be a legal practitioner with not less than 10 years post call     experience.


· Universal Investment and Development Company, Plc.

UIDC is a development finance Institution (DFI) established with the main objective of facilitating the industrial development of Delta State in particular and Nigeria in general

The company was Incorporated in 1971 by the then Midwest State Governement under the name Nigeria Economice welfare services (NEWS) Limited, a purely consultancy/Audti outfit. However in 1987 it was re-organized into its present status as a development Finance/Management consultancy Institution under the name Universal Investment and Development Company (UIDC) plc

In February 2000, the company was ceded to Delta State government, and the company was re-organized/re-structured to meet the expectation of the new owner.

Uinversal Investment and Development Company (UIDC) plc presently has three branches (Benin, Port-Harcourt and Asaba) and four subsidiaries (UIDC Haulage Ltd, UIDC Beverages Ltd, UIDC Merchandise Ltd and UIDC Securites Ltd). The activities of the company is regulated by the Central Bank of Nigeria (CBN)

 

UIDC is a development finance Institution (DFI) established with the main objective of facilitating the industrial development of Delta State in particular and Nigeria in general.

· Delta Building Society Limited

Vision
To always assist the Delta State Government with the required funds for the development of the state.  

Mission
To use every reasonable legal and conventional means to bring eligible Tax payers into the tax net to meet the vision of the Board. The Delta State Board of Internal Revenue is the body entrusted with controlling and administering the different taxes/tariffs set out in schedule to the Delta State Internal Revenue Consolidation Law, 2009.


 

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