More than half of Nigeria’s revenue provided by FIRS – RMAFC

FIRS
FIRS

The Revenue Mobilisation, Allocation and Fiscal Commission (RMAFC) says the Federal Inland Revenue Service (FIRS) contributed 59.7 per cent of revenues in the Federation Account in the last three months.

The Chairman of RMAFC, Elias Mbam, said this on Thursday in Abuja when he led a team of RMAFC commissioners and other management members to the FIRS on a familiarisation visit.

“I want to observe with pleasure that in the last three months, the FIRS has been the major contributor to the federation account. The average contribution from the FIRS in the last three months is about 59.7 per cent.

“In other words, more than half of the revenue shared to the three tiers of government comes from the FIRS. So, I thank you for that effort,” he said.

Mr Mbam said the familiarisation visit was to help him and his team to acquaint themselves with activities of the service, their challenges and what the government could do to help.

“We also want to know where we can be of help. We are all working for the same government and our work is collaborative,” he said.

In response, the Executive Chairman of FIRS, Tunde Fowler, said that FIRS would continue to do its best to generate revenue to fund the three tiers of government.

“We have always told ourselves that the job we do is for the love of the country and we will continue to deliver quality services in tax administration in Nigeria.

“This is why we are deploying technology to make it easy for taxpayers to pay their taxes conveniently, even from the comfort of their homes or offices, download tax receipts and do other transaction with FIRS without visiting the tax office.

“We know the need for increased revenues to the government and we will continue to do our best to fund the three tiers of government,” he said.

Advertisement

nlng Campaign AD

Mr Fowler presented a book on President Muhammadu Buhari entitled: “Taxpayers are King” to Mr Mbam and said that FIRS adopted the book to underscore the selfless services of President Buhari to Nigeria.

“President Muhammadu Buhari has demonstrated an uncommon love for this country.

“His love for the country led him to the military where he served very well and became the Military Head of State. His passion for Nigeria prompted him to election to be a civilian president.

“The style of President Buhari is what we are adopting in FIRS. We make it clear to ourselves that our job must be for the love of the country,” he said.
(NAN)

Advertisement

PT Mag Campaign AD

Support PREMIUM TIMES' journalism of integrity and credibility

Good journalism costs a lot of money. Yet only good journalism can ensure the possibility of a good society, an accountable democracy, and a transparent government.

For continued free access to the best investigative journalism in the country we ask you to consider making a modest support to this noble endeavour.

By contributing to PREMIUM TIMES, you are helping to sustain a journalism of relevance and ensuring it remains free and available to all.

Donate


NEVER MISS A THING AGAIN! Subscribe to our newsletter

* indicates required

DOWNLOAD THE PREMIUM TIMES MOBILE APP

Now available on

  Premium Times Android mobile applicationPremium Times iOS mobile applicationPremium Times blackberry mobile applicationPremium Times windows mobile application

TEXT AD: This space is available for a Text_Ad.. Call Willie on +2347088095401 for more information


All rights reserved. This material and any other material on this platform may not be reproduced, published, broadcast, written or distributed in full or in part, without written permission from PREMIUM TIMES.