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FIRS seeks partnerships to block revenue leakages

The Executive Chairman of the Federal Inland Revenue Services (FIRS), Muhammad Nami, has called on stakeholders to partner with the service in its drive to…

The Executive Chairman of the Federal Inland Revenue Services (FIRS), Muhammad Nami, has called on stakeholders to partner with the service in its drive to block revenue leakage.

Nami spoke through FIRS’ Coordinator in charge of Rivers, Delta and Edo States, Hamisu Muhammed, at the TETFund/FIRS 2022 Joint Interactive Forum in Port Harcourt on Thursday.

Nami said reporting such sharp practices would go a long way to improve its efficiency and stimulate uptake in compliance.

He said that the introduction of the FIRS tax administration solution, TAXPROMAX, had enhanced compliance and collection of taxes, noting that the service had deployed technology to ease the burden of compliance on taxpayers.

He further said, “We wish to seek the collaborative partnership of our stakeholders to ensure that revenue leakages are fully blocked. We all have the obligation to report unwholesome practices by taxpayers, tax advisers, and staff of FIRS to the management, this will help us to improve our efficiency and stimulate uptake in compliance.”

The Executive Chairman of TETFUND, Arc Sonny Echono, represented by the Director of Strategy and Planning, Irene Erivwo, said education tax collection was reported to have recorded over N309bn, exceeding the N305bn target set by FIRS for the year.