By Kayode Olopade
The Federal Inland Revenue Service (FIRS) has surpassed its 2023 revenue target of N11.55 trillion, collecting N12.36 trillion instead.
This achievement was disclosed by Dare Adekanmbi, Special Adviser on Media to the FIRS Chairman, Dr. Zacch Adedeji, at a forum organized by the Commerce and Industry Correspondents Association of Nigeria (CICAN) in Lagos.
Adekanmbi attributed the success to transformative initiatives introduced under Dr. Adedeji's leadership, which have improved the tax organization's image, administration, and revenue profile.
He highlighted FIRS' commitment to fair tax administration, optimized revenue collection, and enhanced customer service.
The FIRS has strategically realigned its focus on productivity, efficiency, and customer-centricity, with a revised structure emphasizing people-centric, effectiveness, efficiency, cohesiveness, data-driven approaches, adaptability, and cutting-edge innovation. This has resulted in:
- Over 170,000 new taxpayers added to the net
- 81% tax collection in Q1 2024 (N3.94 trillion)
- Improved customer satisfaction and reduced complaints
- Simplified tax processes and enhanced tax education
- 20% increase in tax compliance
- Launch of the National Single Window initiative to spur economic growth
The FIRS aims to become one of the world's most efficient and trusted revenue services, driven by people, technology, and processes.
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