FIRS moves against tax leakages, generates N10 trillion revenue in 2022

FIRS moves against tax leakages, generates N10 trillion revenue in 2022

By Abdulgafar Oladimeji

Federal Inland Revenues Service, FIRS  has  revealed that it  adopted the use of  Information and Communication Technology, ICT to attain the current  improvement recorded in  Nigeria’s  tax regime , adding that the move had  help  propelled  the achieved  blockage of  leakages in revenue generation  in Nigeria.

The service note that the use of  data has played a  significant role in shrinking the  banal leakages in revenue  that has in the past bedeviled revenue generation through tax in Nigeria.

The service made the disclosure at a one day workshop with the theme sensitization  workshop on Nigerian Tax administration for media practitioners held at NUJ Kano press centre.

The resource person at the workshop, Dr Zaharadeen Magoshi  hinted that across the globe there is no tax system that is immune from leakages and defaulters.

He said, Nigerian tax regime under the incumbent FIRS boss, Mohammad Nami has succeeded in implementing tax policies and  technical methods that has drastically reduced the challenges associated with tax payments that was been witnessed in the past.

According to him, in the  preceding two taxation seasons  there  has been tremendous improvements in revenue generation through the improved  tax system in Nigeria, courtesy of the Mr Nami led FIRS.

When quizzed further, Magoshi explained that the N10 trillion generated by FIRS in 2022 were disbursed between the federal government, states and  LGA coffers.

He said however there still exist the need to enact laws with  stiffer penalties for those who still dwell in the habit of violating taxation laws.

He cautioned those unrepentant  in the  activities he referred to as tax avoidance to desist from such act to avoid been caught in the web of the wrath of  tax evasion.

 

In her welcome message the CEO  Afropolitan Media Limited Aisha Haliru  applaud  FIRS  for the new innovations  introduced  to its functions, which she said  has helped  boost  revenue generation to a large scale.

 

Aisha  stressed that FIRS  has injected formidable ideas that has helped  the service to surpass its targeted  revenue figures.

In his remarks , chairman, NUJ Kano council ,comrade Abbas Ibrahim thanked the organizers for staging the  capacity building programme for working journalists in the state.

He said “ as journalists, we are expected to know something about everything and this training  has further enriched the knowledge of our members on taxation and the rudiments surrounding it.” Abbas stated.

He assured that Kano journalists will continue to educate the public on the importance of taxation to the state and national development strata.

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