CITN lauds FCT-IRS over improved revenue generation

Date:

By Stanley Onyekwere 

The Chattered Institute of Taxation of Nigeria (CITN) has lauded the Federal Capital Territory Internal Revenue Service (FCT-IRS) on impressive revenue it generated in 2021.

CITN said it was commendable that the Service  surpassed its target of N109Bn by 108 per cent as at the end of November 2021, which according to him, is a laudable feat to attain in spite the COVID-19 and economic challenges posed on business and revenue generation in the country.

The President of the Institute, Mr Adesina Adedayo made this point when he led a team of tax experts consisted of two former presidents of the institute, executives and members for a courtesy visit to the Acting Executive Chairman of FCT-IRS, Mr Haruna Abdullahi on Friday.

A statement from Head, Corporate Communications FCT-IRS, Mustapha Sumaila, which was made available to PeoplesDaily, explained that the visit was to formally inform and seek for support of the Service on the forthcoming 40th anniversary of the institute as well as  the 24th annual Tax Conference scheduled to take place in Abuja and Lagos, next month.

READ MORE  Again, Police rescue another kidnap victim in Abuja

It added that the visit coincided with the last day of a-week long Tax Drive activities organised by FCT-IRS to create  awareness, applauded the strategic approach deployed by the Service for the sensitisation campaign with a road  show, as an enlightenment strategy to awaken and increase the tax paying culture from both individuals and organizations.

Adedayo, who expressed joy on the achievement recorded by FCT-IRS said CITN would be looking forward for more collaboration with FCT-IRS in fostering a better working relationship. 

He revealed plans to put in place a joint technical committee for the purpose of advancing the revenue performance of the FCT-IRS through peer review and strategy session as well as consultative briefings.

READ MORE  FCT Area Councils’ election: STDD boss tasks residents on peaceful conduct

Similarly, former President of the Institute and also former Executive Chairman of Federal Inland Revenue Service, Dr. JK Naiyeju, equally commended the leadership of the FCT-IRS for providing a conducive environment for the tax payers, adding that such environment would excite those coming around to pay their taxes.

“I was excited when I came in to the premises because of how beautiful and well organised it is. Every taxpayer that walks  into this building will be happy to have business with FCT-IRS”, Naiyeju stressed.

Responding, the  Acting Executive Chairman, FCT-IRS, Mr. Haruna Abdullahi reiterated the commitment of the Service to partnering with CITN and other relevant organisations, to empower the personnel for effective service delivery.

Abdullahi added that he would always welcome any form of partnership that would help to build the capacity of his staff with a view to attain improved performance in the Service.

READ MORE  AMAC boss seeks promotion of cultural festivals in schools

According to him, FCT-IRS gives much priority to training and he always be willing and welcome any organisation, institute or individual that will collaborate in building the skills and capacities of his personnel.

On the institute’s 40th anniversary and Tax Conference, Abdullahi pledged to give necessary support and also mobilise the staff of the Service to participate in the historical events.

He expressed happiness over the visit of the CITN delegation led by its president, saying that FCT-IRS has been in partnership with the institute and would continue to work to sustain such collaboration for the betterment of FCT and the country in general.

Never miss a moment! Get the stories shaping Nigeria, delivered straight to your phone. Follow Peoplesdaily Newspaper on WhatsApp for breaking news, exclusive reports, and the headlines everyone will be talking about, before anyone else.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Share post:

Subscribe

Popular

More like this
Related

Osun election: Political parties engage in vote buying in Ikire

Agents of the Accord Party and the All Progressives...

Osun Poll: Oyebamiji, Oyetola Vote As Voting Begins

The All Progressives Congress (APC) governorship candidate, Bola Oyebamiji,...

C’River ALGON to Jarvis: We Are Well Funded

The Cross River State chapter of the Association of...

Osun election: I want good governance entrenched in Osun –85-year-old voter

An 85-year-old voter, Pa Odejide Mosunmoye, says he wants...