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CITN Applauds FCT-IRS 2021 Revenue Generation Feat

By Joyce Remi- Babayeju

The Chattered Institute of Taxation of Nigeria (CITN) has applauded the Federal Capital Territory Internal Revenue Service (FCT-IRS) for its astonishing feat over the huge revenue it generated in 2021.

President of the Institute, Mr Adesina Adedayo gave the applaud on Friday when he led a team of experts consisting of two former presidents of the institute, executives and members on a courtesy visit to the Acting Executive Chairman of FCT-IRS, Mr Haruna Abdullahi.

According to a press release signed by Mustapha Sumaila, Head, Corporate Communications
FCT-IRS, Adedayo said that the visit was to formally inform and seek for support of the Service on the forthcoming 40th anniversary of the institute as well as the 24th annual Tax Conference scheduled to take place in Abuja and Lagos, on 1st and 5th February, 2022.

Adedayo who expressed satisfaction on the achievement recorded by FCT-IRS said it was commendable that the Service surpassed its target of N109Bn by 108 per cent as at the end of November 2021, which according to him, is a laudable feat to attain in spite the COVID-19 and economic challenges posed on business and revenue generation in the country.

The CITN President applauded the FCT- IRS sensitization campaign with a road show Tax Drive enlightenment strategy meant to create awareness and increase tax paying culture from both individuals and organizations.

The CITN visit had coincided with the four day week long Tax Drive.

Adedayo also stated that he would
be looking forward for more collaboration with FCT-IRS in fostering a better working relationship with FCT-IRS, as he promised to setup a joint technical committee for the purpose of advancing the revenue performance of the FCT-IRS.

In his remark,former President of the Institute and former Executive Chairman of Federal Inland Revenue Service, Dr. JK Naiyeju also commended the leadership of the FCT-IRS for providing a conducive environment for the tax payers adding that such environment would excite those coming around to pay their taxes.

I was excited when I came in to the premises because of how beautiful and well organised it is. Every taxpayer that walks into this building will be happy to have business with FCT-IRS, Naiyeju said.

Acting Executive Chairman, FCT-IRS, Mr. Haruna Abullahi expressed the service’ commitment in partnering with CITN and other relevant organisations to empower the personnel for effective service delivery.

Abdullahi added that the Service is willing to would welcome any form of partnership that would help to build the capacity of his staff for improved performance.

He disclosed that the FCT-IRS gives much priority to training and he always be willing and welcome any organisation, institute or individual that will collaborate in building the skills and capacities of his personnel.

On the institute’s 40th anniversary and Tax Conference, Abdullahi pledged to give necessary support and also mobilise the staff of the Service to participate in the historical events.

He expressed happiness over the visit of the CITN delegation and promised that FCT-IRS would continue to collaborate with them for the betterment of FCT and the country in general.

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