2023 revenue: FIRS generates N12.3trn

Federal Inland Revenue Service (FIRS), has stressed the need for people and organizations to pay their taxes as at when due, disclosing that the organization generated a sum of N12.3 trillion in 2023.

FIRS Executive Chairman, Dr. .Zacch Adedeji, disclosed that  on Friday, during the FIRS special day at the on-going Enugu International Trade Fair holding at the Trade Fair permanent site,G.R.A Enugu.


Represented by a senior officer  of the organisation, Mrs Aisha Ribadu, the Chief Executive said the success recorded was a testament to its dedication to nurturing and empowering its workforce, and to ensuring they possessed the skills, knowledge and tools necessary to excel.

He expressed the need for human capital development, noting that investing in human capital is the cornerstone of sustainable development, and nations that prioritise human  development inevitably experience  enduring growth and prosperity.

“The FIRS has spearheaded transformative reforms aimed at diversifying revenue sources and enhancing the overall taxpayer experience.

 Pix: ECCIMA and FIRS team

“One of such initiatives is the introduction of the Taxpromax Solutions, an innovative e-service platform designed to empower taxpayers to fulfill their obligations seamlessly from anywhere at any time,” Adedeji said.

He said the Theme of the Fair “Promoting Made-in-Nigeria Products for Global Competitiveness”.reflected the collective aspiration to not only dominate the African market but to assert relevance on the global stage.

He expressed gratitude to ECCIMA for affording the FIRS the  opportunity to showcase its commitment to national development.

Earlier in his  welcome address, the president of the Enugu Chamber of Commerce Industry Minies and Agriculture (ECCIMA) Sir  Odeiga Jideonwo, said the essence of the special day was to bring the business community and the general public closer to the activities and operations of the FIRS.

Represented by the first Deputy President,  Nnanyereugo Onyemelukwe,  Jideonwo said the FIRS should  work in tandem with other agencies of government and stakeholders in the organised private  sector.

He added  that it would enable the FIRS to redefine and streamline tax administration and regime in the country.

” It will also bring about a society  wherein the rich and poor will leverage each other in contributing to the development of the society in a fair and just manner, as it affects company tax by various businesses,” he said.

 He commended the the Executive Chairman of FIRS for his various innovations aimed at bringing into the FIRS database, companies in order to boost the tax network.

He added that it would also boost revenue with the attendant grace offered in the process to those who had been evading tax payment.

Author: Maureen Ikpeama

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