Less than a month after it commenced substitution of accounts of recalcitrant billionaire taxpayers, the Federal Inland Revenue Service (FIRS) has collected over N12.66 billion in tax revenue.
The Executive Chairman, FIRS, Tunde Fowler, disclosed this at the weekend when he received the new Minister of Finance, Hajia Zainab Ahmed, during her visit to FIRS headquarters in Abuja.
Fowler spoke as Hajia Zainab Ahmed, the new Finance Minister commended the agency for shoring-up the non-oil revenue, saying, “the Ministry of Finance will continue to collaborative with FIRS to support all the efforts you are making. And as much as possible, we should interface frequently. For us, the directive I have is to increase the tax revenue and that is the most important task ahead of all of us. You have done well. And the reward for good work is more work,” she said.
Hajia Ahmed urged the FIRS to “maintain the tempo” because literarily, the country depends on the work that FIRS does to shore-up the revenue collection to support the government.