Workers pledge to achieve N8.5tr FIRS revenue target
The Domestic Tax Operation Group (DTOG) of the Federal Inland Revenue Service (FIRS) has promised to work hard to enable the agency achieve its N8.5trillion revenue target.
At a two-day “2020 Tax Operation Group Retreat” in Abuja, the participants unanimously pledged that with the new management’s determination to empower and motivate the staff, the target would not only be achieved but would be surpassed.
The participants, who expressed worry over tax evasion practices in Nigeria, stressed the need to urgently intensify enforcement action to stem the situation.
In a statement issued on the event, the DTOG said the FIRS would keep track of the compliance behavior of all taxable entities, especially by integrating FIRS e-solution platforms with the Integrated Payroll and Personnel Information System (IPPIS), Government Integrated Financial Management Information System (GIFMIS), and the Taxpayer Identification Number (TIN) with Bank Verification Number (BVN).
“The promotion of quality service delivery to taxpayers necessarily requires the adoption of technology. The Service was, therefore, admonished to intensify efforts towards completing the various ICT interventions, including the on-going VAT automation as well as the need to build a centralised taxpayer database to ease access to information.”
In his keynote address at the retreat, the Executive Chairman, FIRS, Mr. Muhammad Nami, who identified the DTOG as “the engine room of the Service”, listed various policy measures and reforms he had taken toward ensuring that the workers deliver on the tax revenue target.
“I urge you all to take up this challenge and justify the confidence the nation has reposed in us, especially at this critical time when virtually all other sources of revenue for government are being challenged particularly by the coronavirus pandemic, the downward slide in the price of oil at the international market for as low as $30 per barrel against the $57 benchmark used for the budget.
This gap has to be bridged somehow, and you are the bridge.”
The Head of the TOG, Mr. Olufemi Oluwaniyi, who presented the state coordinators’ collection performance for January, stressed that the figures returned showed that the group had “so much to do.”