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FIRS Assures Nigerians Of No Tax Increase 

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FIRS Assures Nigerians Of No Tax Increase 

The Federal Inland Revenue Service (FIRS) has assured Nigerians that the agency will not be increasing any form of tax, News About Nigeria reports.

The Chairman, Zacch Adedeji, gave this assurance on Wednesday, when the Chief Executive Officer of Guinness Nigeria Plc, Adebayo Alli, led the management team of the company on a visit to the Revenue House in Abuja.

He noted that the agency was committed to not introducing additional taxes in the country.

In a statement signed by the Special Adviser on Media to the FIRS chairman, Dare Adekanmbi, the FIRS boss disclosed that President Bola Ahmed Tinubu gave a directive, stating that he wants a single-digit tax, adding that after the work of the Presidential Committee on Fiscal Policy and Tax Reforms, the maximum number of taxes will be nine.

Adedeji further noted that the agency has responded to that directive, adding that additional taxes will not be introduced and there will be no increase in taxes whatsoever.

“The President gave a directive that he wants a single digit tax in the country, meaning that the maximum number of taxes we will have after the work of the Presidential Committee on Fiscal Policy and Tax Reforms will be nine taxes.

“By God’s grace, we will not introduce additional taxes nor increase any form of tax. We are only determined to increase the pie. We have restructured our operations at FIRS in such a way that we are now effectively carrying out our duty of assessing, collecting and accounting for taxes. We used to have functional types of taxes, but we have identified that the only customers we have are the taxpayers,” he said.

He added that President Bola Tinubu, through the consumer credit scheme recently introduced, aimed at increasing the purchasing power of Nigerians to boost the productive capacity of companies and stimulate growth.