The Chairman of the Federal Inland Revenue Service (FIRS), Zacc Adedeji, has emphasized the importance of cooperation and collaboration among key stakeholders in ensuring the successful implementation of the new tax laws.
Adedeji noted that the FIRS, which is transitioning to the Nigeria Revenue Service (NRS), cannot achieve the desired outcomes alone and requires the support of the private sector, institutions, and agencies across all levels.
Adedeji made this call during a special engagement session organized for directors in the tax agency by the Presidential Fiscal Policy and Tax Reforms Committee.
He expressed the agency’s readiness to work with all critical stakeholders to achieve the desired outcomes for the country, ensuring that the laws and tax policies are implemented fairly, consistently, and transparently.
The FIRS chairman highlighted the importance of capacity building, stating that the demands of modern tax administration require new skills and approaches.
He promised to invest in training, technology, and systems that enhance efficiency, reduce compliance costs, and strengthen trust in the system.
The Chairman of the Presidential Fiscal Policy and Tax Reforms Committee, Taiwo Oyedele, noted that the country has made significant progress in its economic outlook since the advent of the President Bola Tinubu-led administration.
He cited positive macroeconomic results, including a surplus balance of trade and improved external reserves, which have increased to $23 billion in just two years.
However, Oyedele emphasized that while the macroeconomic results are positive, greater efforts are needed to ensure they translate to a reduction in poverty rates and lead to job creation.
He stressed the importance of sustained collaboration and commitment to achieving the desired outcomes.
The FIRS and the Presidential Fiscal Policy and Tax Reforms Committee are working together to ensure the successful implementation of the new tax laws and to drive economic growth and development in Nigeria.
Comment here