FIRS revenue collection hits N8.5tr, hopeful of meeting N12tr 2023 target | The Guardian Nigeria News

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The Federal Inland Revenue Service (FIRS) has expressed optimism about achieving its N12 trillion revenue target for the year, having realised N8.5 trillion as of mid-September.

Director, Taxpayer Services, FIRS, Saidatu Yero, said this yesterday, during a sensitisation programme organised by the Service’s Lagos Mainland West Region, with a focus on the Finance Act as an innovation in tax administration and other issues were discussed.

She restated the service’s commitment to raising the country’s tax ratio to gross domestic product to 16.5 per cent, which is Africa’s average and subsequently 18 per cent in the next three years through its various fiscal reforms. FIRS State Coordinator, Lagos Mainland West, Toluwalese Akpomedaye, said the sensitisation was to accord stakeholders the recent innovations introduced by the FIRS management in making operations easier for taxpayers, such as paying taxes due, obtaining tax clearance certificates without stress and allowing tax clearance certificate issued with little human interference.

 

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