FIRS: We realized N8.5 trillion in nine months – Nami
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According to the Federal Inland Revenue Service, N8.5 trillion was deposited into the federation account in mid-September 2023.
The outgoing FIRS chairman said this on Monday when turning over to Zacch Adedeji.
From January 2023 to mid-September 2023, N8.5 trillion in tax income was generated, according to him.
He stated that he has made reforms that have repositioned the FIRS operations in keeping with the mandate he was given when he took office in December 2019.
Nami stated that the FIRS has increased government revenue to the point that more than 70% of cash divided during the monthly Federation Account Allocation Committee (FAAC) originate from tax collection.
He also stated that the present administration intends to maximize revenue by establishing a presidential fiscal Policy and Tax Reforms Committee.
According to Platinum Times, President Bola Ahmed Tinubu selected Adedeji to chair FIRS last week.
In 2022, FIRS will have generated over N10 trillion.