The Federal Inland Revenue Service (FIRS) has generated N5 trillion as at the second week of December 2018, its Executive Chairman Tunde Fowler has disclosed.
By the end of 2018, the agency said it should have made not less than N5.3 trillion.
Speaking at the induction of new members of the Joint Tax Board (JTB) on Wednesday in Abuja, Fowler said: “This year, the FIRS, with the support of the Presidency, Ministry of Finance, the JTB and other stakeholders, has been able to generate up to N5 trillion.
“We believe that we should be able to close at least at N5.3 trillion which should be the highest in the history of FIRS.
“And we believe that with that additional revenue, the state and federal governments would be able to provide more services and more development to the people of Nigeria”.
Fowler urged the new inductees of JTB to equip themselves with new ideas and embrace the Information and Communication Technology (ICT) to be able to face the reality of revenue collection in the ever-changing society.
By the end of 2018, the agency said it should have made not less than N5.3 trillion.
Speaking at the induction of new members of the Joint Tax Board (JTB) on Wednesday in Abuja, Fowler said: “This year, the FIRS, with the support of the Presidency, Ministry of Finance, the JTB and other stakeholders, has been able to generate up to N5 trillion.
“We believe that we should be able to close at least at N5.3 trillion which should be the highest in the history of FIRS.
“And we believe that with that additional revenue, the state and federal governments would be able to provide more services and more development to the people of Nigeria”.
Fowler urged the new inductees of JTB to equip themselves with new ideas and embrace the Information and Communication Technology (ICT) to be able to face the reality of revenue collection in the ever-changing society.