The Nation Newspaper Credit for increasing tax revenue should go to Tinubu - FIRS chair
, shares insights on the reforms agenda of President Bola Ahmed Tinubu administration amongst other issues. Excerpts:
As a revenue collection agency, our mandate is clear: assess, collect and account for revenue accruing to the Nigerian Federation and administer relevant laws to achieve this. Let me use this opportunity to correct an erroneous statement. FIRS is not a revenue-generating agency as some people call us. We only collect the revenue.
You keep saying that you want businesses to prosper. But multiple taxation is one of the things that businesses still complain about. We know that the President has set up the Taiwo Oyedele led-Committee to work on harmonisation of these taxes. Are you working with them, what are the things that you have been able to do in this regard?
A few months ago, the President signed three Executive Orders on gas production in Nigeria. I foresee that in the next three to five years, we will see the benefit of that kind of incentive that the President has given for gas production, given the green posture of the world.At FIRS, we completed a restructuring exercise earlier in the year. Before my assumption of office, the agency was structured along functional/group tax type lines.
Another laudable initiative on data mining is the partnership we have with the National Identity Management Commission . What we are doing is to follow the law. If you read the Act that established NIMC, it says when you are above 16 years, you must have a National Identification Number . We want to make sure that the primary source of identity for everybody living in this country is NIN and everything is linked to that. It is like a code, a social security code.
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