• Hausa Edition
  • Podcast
  • Conferences
  • LeVogue Magazine
  • Business News
  • Print Advert Rates
  • Online Advert Rates
  • Contact Us
Friday, July 18, 2025
Leadership Newspapers
Read in Hausa
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
Leadership Newspapers
No Result
View All Result

FIRS, Accountant General Office Team Up To Close Tax Compliance Gaps

by Leadership News
6 hours ago
in Business
firs
Share on WhatsAppShare on FacebookShare on XTelegram

As part of efforts to plug revenue leakages and strengthen Nigeria’s tax administration, the Federal Inland Revenue Service (FIRS) has launched a strategic engagement with key public sector stakeholders to address lapses in tax deductions and remittances across Ministries, Departments, and Agencies (MDAs).

Advertisement

The engagement, which brought together representatives of the FIRS and the Office of the Accountant General of the Federation (OAGF), held in Abuja, focused on the theme, “Enhancing Tax Compliance through Collaboration.” The forum was designed to tackle persistent issues in tax compliance within the public sector and foster deeper institutional collaboration.

Speaking at the opening session, the Chairman of the FIRS, Dr. Zacch Adedeji, said the primary objective of the two-day workshop was to co-design practical solutions that would close gaps in withholding tax deductions, Value Added Tax (VAT) remittances, and stamp duty administration among MDAs.

“Despite technological advances through platforms like GIFMIS and TaxPro MAX, we continue to observe lapses in withholding tax deductions, VAT remittances, and stamp duty administration in the MDA space,” Adedeji said. “These gaps—many of which stem from technical limitations and a knowledge deficit on tax compliance requirements—result in significant revenue losses and recurrent audit issues.”

He emphasised that the engagement was not a mere conference, but a strategic move to reset Nigeria’s tax compliance culture through collaboration and capacity building. “Our credibility as public institutions is tested first by our own adherence to tax regulations,” he stated. “If we must grow revenue to meet our national development priorities, then we must begin by ensuring that public sector actors play by the rules—and help others do the same.”

RELATED

Expo To Champion Homegrown Tech, Local Manufacturing

Expo To Champion Homegrown Tech, Local Manufacturing

6 hours ago
GTCO’s Squad Partners Omnipay To Simplify FMCG Payments

GTCO’s Dual Listings Drive Share Price Appreciation

6 hours ago

Adedeji underscored that the success of the engagement would be measured not by the quality of discussions, but by the institutional actions that follow.

He outlined key steps the FIRS intends to pursue jointly with the OAGF, including: Building stronger bridges between FIRS and the OAGF, establishing clear reporting and escalation channels for tax remittance lapses, embedding tax compliance education into the training curriculum for public finance officers, and creating feedback loops to evolve both GIFMIS and TaxPro MAX to meet public sector needs.

The FIRS chairman also noted that government compliance with tax laws sets the tone for the private sector and builds trust in Nigeria’s tax system. “When government institutions are tax-compliant, the message it sends to the private sector and to citizens is powerful: that no one is above the law, and that transparency begins at home.”

In his remarks, the Accountant-General of the Federation, Babatunde Ogunjimi, echoed the need for institutional synergy to meet President Bola Tinubu’s target of achieving a $1 trillion economy by 2030. He described taxation as the “lifeblood of any economy” and praised the FIRS for its efforts in expanding the tax net and digitizing revenue collection processes.

“One of the key objectives of the Renewed Hope Agenda of Mr. President is to diversify revenue sources and reduce reliance on volatile oil revenues,” Ogunjimi said. “To achieve this, collaboration between revenue-generating agencies and other stakeholders becomes indispensable.”

He added that the forum provided a timely platform for both agencies to align their strategies, improve accountability, and address longstanding challenges hindering optimal tax collection.

“By leveraging technology, strengthening accountability, and promoting transparency and probity, we can significantly enhance compliance and boost government revenue for sustainable development,” he said.

Ogunjimi expressed confidence that the resolutions from the engagement would lead to actionable reforms that strengthen Nigeria’s public finance management and support inclusive economic growth.

The workshop featured in-depth sessions on the FIRS 2025 Strategic Roadmap, the VAT regime, withholding taxes, and stamp duties. Participants also explored how the integration of technological tools can support real-time remittance tracking and improve data reconciliation.


We’ve got the edge. Get real-time reports, breaking scoops, and exclusive angles delivered straight to your phone. Don’t settle for stale news. Join LEADERSHIP NEWS on WhatsApp for 24/7 updates →

Join Our WhatsApp Channel



Tags: Federal Inland Revenue Service (FIRS
SendShareTweetShare
Previous Post

Tax Reforms Act To Create Conducive Business Environment For Artisans – FG

Next Post

Digital Skill: Imo Partners California Varsity To Train 100,000 Youths

Leadership News

Leadership News

You May Like

Expo To Champion Homegrown Tech, Local Manufacturing
Business

Expo To Champion Homegrown Tech, Local Manufacturing

2025/07/18
GTCO’s Squad Partners Omnipay To Simplify FMCG Payments
Business

GTCO’s Dual Listings Drive Share Price Appreciation

2025/07/18
ECA Projects Slow Global GDP Growth
Business

Clean Energy: Economic Commission Pushes For Innovative Financing For Africa’s Industries

2025/07/18
I Will Continue To Support, Collaborate  With Army – Uzodimma
Business

Digital Skill: Imo Partners California Varsity To Train 100,000 Youths

2025/07/18
Analysts Seek Effective Implementation Of Fiscal, Tax Reforms
Business

Tax Reforms Act To Create Conducive Business Environment For Artisans – FG

2025/07/18
Bear Resurfaces As Equities Investors Lose N639bn
Business

Traders Welcome First Holdco Shares Selloff

2025/07/18
Leadership Conference advertisement

LATEST

EX-Ebonyi PDP Chairman Silas Onu Dumps Party For ADC

Man Utd Reach Agreement With Brentford To Sign Mbeumo

Gospel Singer, 8 Others Jailed For Cybercrime In Kwara

Kanu’s Threat To Break Up Nigeria Not Mere Boasting, Federal Gov’t Insists In Court

Ex-Lawmaker Dino Melaye Makes First Court Appearance As Lawyer

Meta Apologises After Falsely Announcing Indian Minister’s Death

Obemeata Bags Fellow Doctorate Award In Healthcare Finance

Netflix Begins Using AI Effects To Cut Costs

ICPC, FCC To Establish Joint Taskforce Against Job Racketeering

Atalanta Reject Inter Milan’s €40m Bid For Lookman

© 2025 Leadership Media Group - All Rights Reserved.

No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us

© 2025 Leadership Media Group - All Rights Reserved.