FIRS Rakes In N10.1trn In 2022, Sets Highest Collection Record Business CoverStories
Nami said the revenue agency would have surpassed the 2022 target if the waivers were collected and added into the federation account.
Non-oil taxes contributed 59 per cent of the total collection in the year, while oil tax collection stood at 41 per cent of total collection. “This was possible through dogged implementation of strategic reforms over the past two years; a renewed commitment by officers of the Service, accompanied with a boosted morale; as well as the innovative deployment of technology for automation of both tax administration and operational processes,” Mr Nami stated in an interview yesterday.
Nami also called for tax harmonisation in Nigeria for more revenue generation and to curb tax invasion.“With a single tax authority, you are able to harmonise operations, tax issues and make it easy for tax payers to pay taxes,” he stated.
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