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FG Approves a New Organisational Structure for the FIRS to Boost Tax Administration and Revenue Generation

The Federal Government of Nigeria has approved a new organisational structure for the Federal Inland Revenue Service (FIRS) to improve tax administration, expand the tax base, and boost revenue collection in the country.

According to a statement by the Special Adviser on Media to the FIRS Chairman, Mr Dare Adekanmbi, the Minister of Finance and Coordinating Minister for the Economy, Mrs Zainab Ahmed, will officially unveil the new FIRS structure on January 23, 2023, during a two-day strategic management retreat in Abuja.

The retreat, themed “Reimagining Tax Administration for Equity and Economic Growth,” aims to fully align FIRS directors and stakeholders with the service’s renewed focus and strategic priorities, which include making FIRS more taxpayer-centric to improve voluntary compliance and employing technology to enhance operational efficiency.

Since assuming office, the FIRS Chairman, Muhammad M. Nami, has spearheaded several reforms centred on accountability, professionalism, and transparency to reposition FIRS as an efficient tax administrator and prime revenue collection agency.

As part of the recent reforms, FIRS plans to significantly increase tax revenue generation by 57% from N12.2 trillion in 2022 to N19.4 trillion in 2023 in support of President Bola Tinubu’s infrastructure development agenda, which is focused on expanding roads, railways, housing, power, and other critical infrastructure to drive economic growth.

The new FIRS structure and strategic reforms are expected to positively impact tax administration, voluntary compliance, and ultimately deliver higher revenues for government expenditure.

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