Categories: News

FIRS’ Acting Chairman Speaks On Increasing Taxes

The Federal Inland Revenue Service, FIRS, has said that it has no plans to increase taxes further.

The Acting Chairman of FIRS, Zacch Adedeji, disclosed this on Thursday in a statement by his Media and Communication aide, Dare Adekanmbi.

Advertisement

Speaking to heavy tax-paying companies in Nigeria, assured that the government will not increase taxes despite its drive to grow its tax-to-GDP ratio to 18 per cent from 10.86 per cent.

“Our belief, understanding and vision as a revenue-generating agency is not to introduce any new tax as we only want to use data to improve compliance,” he “aid.

Advertisement

“Our plan is simple. We want to grow tax revenue, and we only want to tax prosperity and not poverty. Therefore, it is not our interest to kill the trees that bear the fruits”, he said.

Advertisement
citynews

Recent Posts

NEWSPAPER HEADLINES FOR FRIDAY 22ND NOVEMBER 2024

NEWSPAPER HEADLINES FOR FRIDAY 22ND NOVEMBER 2024. *PUNCH* Gombe begins N28bn Assembly, high court complexes…

39 minutes ago

My husband assaulted me, ruined my career – Olajumoke Onibread

Former bread seller turned model, Olajumoke Orisaguna, popularly known as Olajumoke Onibread, has opened up…

3 hours ago

“I did not punch Akpabio” – Senator Bamidele speaks on alleged fight with Senate President

Senate Majority Leader, Opeyemi Bamidele has denies reports that he was involved in a fight…

3 hours ago

Speaker Obasa Clarifies Negative Perceptions As Sanwo-Olu Presents 2025 Budget

– says lawmakers united to meet yearnings of Lagosians – accuses detractors of peddling news…

3 hours ago

2027: “No vacancy for non-indigenes in Alausa” – Lagos youths tell Seyi Tinubu

The Coalition of Lagos Indigenous Youths has rejected the recent endorsement of Mr Seyi Tinubu,…

4 hours ago

Biafra Activist Simon Ekpa Arrested in Finland Over Terrorism

Biafra activist Simon Ekpa has been arrested in Finland over terrorism. Newsone Nigeria reports that the self-acclaimed leader of…

4 hours ago