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The Kwara State Internal Revenue Service (KW-IRS), on Friday, May 17, 2024, closed its registration portal for the 2024 edition of its annual Tax Club Quiz Competition for Secondary Schools in the state.
According to a press release posted on its social media handles, the State’s revenue generation agency disclosed that 154 secondary schools registered for the competition this year.
The registration portal was opened on Monday, 22nd April 2024.
This year’s competition promises to be more enriching and more beneficial to the participating schools as a virtual dimension has been introduced to the annual event.
In a move which educators described as a major right step in preparing the students for modern learning, the tax collection agency noted that the preliminary stage of the competition will hold between Monday, June 24 and Friday, June 28, as Computer Based Test (CBT) will be written by students from the 154 schools in their respective schools across the three Senatorial Districts in the State.
The preliminary stage will produce 12 qualified schools (4 from each Senatorial District of the State) that will then participate in the semi-final stage.
The semi-final stage, just like the preliminary one, will also be a computer-based test to be held in the participants’ respective schools between Monday, and Friday, October 7 and 11, 2024.
The six best students that emerge from this stage will go ahead to slug it out at the Grand Finale.
The Grand Finale, where the Grand Prize and other consolation prizes will be awarded, will hold with much funfair at Ilorin on Thursday, November 7, 2024.
The best overall winning Secondary School will go home with the Star Prize of N2.5 million, the first runner-up goes home with N1.5 million while the second runner-up goes home with N1 million.
Also, teachers of the winning school, as well as those of the first and second runner-ups will also be rewarded with cash prizes.
In the same vein, the participating students of the winning school and the second and third best schools, on securing admission into higher institutions, will be assisted with scholarship funds.
The Tax Quiz Competition is organised annually by the KW-IRS in collaboration with the Ministry of Education and Human Capital Development with the aim of “nurturing school children to have a clear understanding of the role of tax in the development of an economy and growing to become tax-compliant citizens.”
The tax competiton, over the years, has helped to bring out youths’ hidden academic potential and talents and has also helped to showcase Secondary Schools with exceptional performances in the training of their students.