FIRS Rakes in N12.3 Trillion in 2023 – Adedeji

Mr Zach Adedeji, chairman, Federal Inland Revenue Service (FIRS), has said  that the Service generated a total of N12.3 trillion in 2023.

Adedeji disclosed this while noting that FIRS recorded unprecedented progress in revenue collection in 2023.

He spoke on Friday at the FIRS special day at the ongoing 35th Enugu International Trade Fair where he was represented by Mrs Aisha Ribadu, a staff of the organisation.

According to him, the success was a testament to the dedication of FIRS to nurturing and empowering its workforce, and to ensuring they possessed the skills, knowledge and tools necessary to excel.

He expressed his heartfelt appreciation to the Enugu State Chamber of Commerce, Industry, Mines and Agriculture (ECCIMA) for its discerning choice of theme, “Promoting Made-in-Nigeria Products for Global Competitiveness”.

The FIRS boss added that the choice of theme reflected the collective aspiration to not only dominate the African market but to assert relevance on the global stage.

“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.

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

In a welcome address, Mr Odeiga Jideonwo, ECCIMA president, said that 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.

Jideonwo, said that the FIRS should work in tandem with other agencies of government and stakeholders in the organised private sector.

He said 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 chief executive for its various innovations aimed at voluntary bringing into the FIRS database, companies in order to boost the tax base.

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