20180924

Billionaire Tax Debtors: FIRS Recovers Over N12bn

The rich are embracing the Federal Government’s tax message – less than a month after billionaire tax evaders got a warning to pay up or face sanctions.

The Federal Inland Revenue Service (FIRS) has raked in N12.66 billion from such billionaires who hitherto refused to file their tax papers.

FIRS’ Executive Chairman Tunde Fowler broke the news at the weekend when he received Finance Minister Hajia Zainab Ahmed, who was on a familiarisation visit to the Revenue House FIRS Headquarters in Abuja.

Hajia Ahmed commended the agency for shoring-up non-oil revenue.

She said: “The Ministry of Finance will continue to work collaboratively with FIRS to support all the efforts that you are doing. And as much as possible, we should interface frequently.

“For us, the directive I have is to increase the tax revenue and that is the most important task ahead of all of us. You have done well. And the reward for good work is more work.”

The minister urged the agency to “maintain the tempo” because literarily, the country depends on FIRS to shore up the revenue collection to support the government.

She encouraged other government agencies to work together to fish out all corrupt individuals, adding that “this is President Muhammadu Buhari’s directive”.

“The FIRS is a very important agency of government. I wanted to underscore this importance. FIRS is one of the first agencies in the Ministry of Finance that I am meeting..."