x

FIRS inaugurates intelligence system to track tax evaders

The Federal Inland Revenue Service (FIRS) has inaugurated a National Intelligence Gathering System to gather data and track tax evaders and defaulters across the country.

The FIRS Director, Communications and Liaison Department, Mr Abdullahi Ismaila made this known in a statement in Abuja on Wednesday.

Ismaila said the Executive Chairman, FIRS, Mr Muhammad Nami, revealed this during an inter-agency collaborative visit to the Chairman, Independent Corrupt Practices and Other Related Offences Commission (ICPC), Prof. Bolaji Owansanoye on Wednesday.

Nami explained that the new system would help to track tax evaders with a view to bringing them to book and make them pay their fair share of taxes to the country.

According to him, the intelligence gathering system is Information and Communication Technology (ICT)-based, being implemented in collaboration with the ICPC and other anti-corruption agencies as well as financial institutions.

He added that the system would help to tackle economy-based crimes, including money laundering.

“The ICPC is our critical stakeholder. We are improving our collaboration with the commission to track tax fraud and block all revenue leakages to ensure that we raise the revenue for the government to fund its budget.

“We need the data and intelligence which you have to help us track tax evaders and bring them into the tax net”.

He said that the Service was also restructuring and revamping its system to enable it surpass its 2020 revenue target. (NAN)

Hot this week

CISLAC Urges National Assembly to Prioritise Key Reforms as 2026 Legislative Session Begins

As the National Assembly resumes legislative activities for the...

UTAN–BRAMA: Fresh Facts Emerge as Justice Ministry Clears Aondoakaa of Involvement

Fresh details have emerged in the Utan–BRAMA victims’ compensation...

EFCC Raises Alarm Over Banks, Fintechs in ₦18.7bn Fraudulent Investment, Airline Discount Schemes

By Francis WilfredThe Economic and Financial Crimes Commission (EFCC)...

Witness Alleges NSITF Contract Was Awarded to Non-Bidding Company in Ngige Trial

A prosecution witness has told the Federal High Court...

EFCC Arraigns Ex-NEDC Project Coordinator Over Alleged N2.28bn Fraud

The Economic and Financial Crimes Commission (EFCC) has arraigned...

Nigeria Records Gains Against Lymphatic Filariasis as Free Hydrocele Surgeries Expand

Nigeria is making progress in tackling lymphatic filariasis, a...

EFCC Arraigns Firm and Six Individuals Over Alleged €100m Fraud in Abuja

The Economic and Financial Crimes Commission (EFCC) has arraigned...

EFCC Arraigns Man in Maiduguri Over Alleged N20m Criminal Misappropriation

The Economic and Financial Crimes Commission (EFCC) has arraigned...

Witness Alleges NSITF Contract Was Awarded to Non-Bidding Company in Ngige Trial

A prosecution witness has told the Federal High Court...

Journalists’ Safety: MRA Urges FG to Implement UN Plan of Action

Media Rights Agenda (MRA) has called on the Federal...

NCDMB Commissions Feed Mill in Delta, Launches Agribusiness Training for 30 Women

The Nigerian Content Development and Monitoring Board (NCDMB), in...

Niger Delta Contractors Association Celebrates President Amb. (Dr) Tonye Sylvester Iyade on His Birthday

The Niger Delta Contractors and Contractors Association proudly celebrates...

Related Articles

Popular Categories

spot_imgspot_img