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FIRS, NGF Collaborate To Boost Revenue, Economic Growth

by Leadership News
3 months ago
in Business
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The Federal Inland Revenue Service (FIRS) and the Nigerian Governors’ Forum (NGF) have intensified efforts to enhance tax administration, optimise revenue generation, and drive sustainable economic policies across Nigeria’s 36 states.

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This renewed collaboration underscores the critical role of subnational governments in achieving financial autonomy and economic resilience.

According to the Special Adviser on Communications and Advocacy, Collins Omokaro, the partnership between FIRS and NGF focuses on policy harmonisation, capacity building, and improved coordination to foster an investment-friendly environment.

“A well-structured revenue system at the state level is essential to reducing over-reliance on federal allocations and strengthening internally generated revenue (IGR),” Omokaro said.

Key milestones have already been achieved through this collaboration. The institutionalisation of the Taxpayer Identification Number (TIN) has enhanced transparency and accountability in tax administration, while the NGF has been instrumental in advancing critical Fiscal and Tax Reform Bills.

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These measures highlight the commitment of subnational governments to strengthening economic governance through structured revenue frameworks.

Leading this reform agenda is the chairman of FIRS, Zacch Adedeji, whose leadership has been pivotal in fostering collaboration with state governments.

His vision extends beyond revenue collection, emphasizing a tax system that promotes economic diversification, business competitiveness, and national prosperity. By advocating tax simplification, digitalization, and stakeholder engagement, FIRS aims to create a more efficient and equitable tax structure.

Omokaro noted that the ultimate goal is a tax system that works for all.

“We need a system that harmonizes policies across states, strengthens IGR, and integrates digital tax administration for seamless compliance. A thriving private sector, job creation, and long-term economic sustainability are key indicators of success in this reform agenda,” he stated.

With a clear roadmap in place, the commitment of state governments remains vital to achieving a sustainable and inclusive economic future.


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