x

FCT-IRS, NFIU to synergize to boost tax compliance in FCT

By Joyce Remi-Babayeju

The Acting Executive Chairman of the Federal Capital Territory Internal Revenue Service , FCT-IRS, Mr Michael Ango has called for a synergy with the Nigerian Financial Intelligence Unit ,NFIU, to boost tax compliance in the FCT.

Ango made this call when he paid a Courtesy on Tuesday visit to the Chief Executive Officer of the NFIU, Hajiya Hafsa Abubakar.

He explained that NFIU is one of the strategic stakeholders of the Service hence the need for the visit to strengthen the existing collaboration for the mutual benefits of the two organizations.

According to Ango, the visit was part of engagements with the key stakeholders of the FCT-IRS including NFIU, to solicit for support and cooperation that would enhance revenue collection and administration in the FCT.

The Acting Chairman stated a closer and stronger relationship between the two would foster progress of the FCT and the country in general.

The FCT-IRS boss noted that this can be achieved by sharing ideas, data, and information between the two organizations for improved operations.

In her remarks, the NFIU Chief Executive Officer, Hajiya Hafsa Abubakar who congratulated the Acting Executive Chairman on his appointment said that she was confident that under the leadership of Mr Ango, the service would continue to make significant strides by ensuring that the FCT stands out as an example for efficiency, effectiveness and integrity in revenue generation.

She explained that NFIU is the central national authority responsible for receiving reports from a broad range of local and foreign entities, analyzing these reports and producing intelligence adding that this intelligence is shared with law enforcement and security agencies as well as other authorities to combat crimes.

According to her, the NFIU recognizes that tax crimes particularly tax evasion is a serious offence, because it denies the government the resources it needs to invest in infrastructure and pay for services that contribute to the wellbeing and prosperity of citizenry.

“We also recognize that this issue is particularly important at the sub-national level due to the huge demand of public investment particularly health, education and social services, this led to our decision to explore partnerships with state internal revenue services.”

” I am pleased that the FCT-IRS is one of our first and indeed our most effective partners in this regard. The relationship we established with your office serves as a groundbreaking model, and we are now working with about 24 other state revenue services, we believe our efforts are making a significant contribution to domestic revenue mobilization across the federation.”

The NFIU boss said her agency would be willing to tap from the experience and knowledge of the Acting Executive Chairman in law, taxation and other areas of expertise to further enhance their operations.

Hot this week

Living with Fear: The Normalisation of Insecurity In Nigeria

By Abu Jemimah LamiLiving with fear has quietly...

Allegations of Diverted Police Conference Funds False — Shina Philips Insists

By Joyce Remi-BabayejuThe Chief Executive Director of Lenders Consult...

APC Chairman Yilwatda Condoles Kanam Emirate Over Deadly Attack on Security Team

The National Chairman of the All Progressives Congress (APC),...

Northern Christian Leader Says Kaduna Pilgrimage Ban Was Known, Claims It Was Challenged

The Chairman of the Northern Christian Association (NCA), Rev....

JUST IN: Tinubu Meets UK PM Starmer, Set to Witness £746m Port Deal Signing

President Bola Tinubu is holding talks with United Kingdom...

Bandits Abduct Worshippers During Church Service in Kwara

Gunmen suspected to be bandits on Sunday abducted eight...

State Police: Governors Submit Proposal for National Assembly Review

The Nigeria Governors Forum has submitted its position on...

PDP Crisis Deepens as Makinde Meets Kwankwaso Ahead of 2027 Elections

Ahead of the 2027 general elections, Seyi Makinde and...

Living with Fear: The Normalisation of Insecurity In Nigeria

By Abu Jemimah LamiLiving with fear has quietly...

Ozoro Festival: Delta CP wades in, reaffirms commitment to justice

By Anne AzukaDelta State Commissioner of Police, Aina...

Farmer Killed in Kogi Community as Authorities Launch Investigation

A farmer has been killed in Oko-Dudu area of...

Renewed Hope Ambassadors Unveil Programme for South-South Summit in Asaba

The Renewed Hope Ambassadors have announced the programme for...

APC Chairman Yilwatda Condoles Kanam Emirate Over Deadly Attack on Security Team

The National Chairman of the All Progressives Congress (APC),...

Related Articles

Popular Categories

spot_imgspot_img