x

FCT-IRS, EFCC to partner on tax compliance in FCT

By Joyce Remi-Babayeju

The Federal Capital Territory Internal Revenue Service (FCT-IRS) has expressed interest in collaborating with the Economic and Financial
Crimes Commission (EFCC) to enhance tax compliance in the FCT.

The Acting Executive Chairman of the Service,
Mr Michael Ango made this known during a courtesy visit to the Executive Chairman of the EFCC, Mr Olanipekun Olukoyede at the Commission’s Corporate Headquarters on Wednesday. He said that the partnership was important because of the statutory roles of both agencies.

Mr. Ango stated that the engagement with the
EFCC was in line with mandate of the FCT-IRS to collaborate with agencies like the EFCC towards improving tax compliance in the FCT.

He noted that one of the major initiatives of the FCT-IRS in 2025 is the harmonisation of revenue collection and administration in the FCT.

Ango noted that support from an agencies like the EFCC is required to ensure that all revenue due to the FCT is collected and accounted for in a transparent manner and to enhance ease of doing business and improve revenue generation.

“This will further consolidate the massive infrastructural development in the FCT, by His Excellency, Ezenwo Nyesom Wike CON, Honourable Minister of the FCT.”

According to Ango, most suspects being investigated by EFCC for financial crimes were not tax compliant and the agency could be helpful if such persons were interrogated on their tax status and be required to fulfil their tax obligations as part of the investigation process.

The FCT-IRS boss stated that this approach could also be extended to forfeitures of assets or monies of suspects to the EFCC by the Courts.
“When suspects are being investigated or charged to Court, we would like to know, Mr Chairman their compliance level, if they escape from one door, we can catch them through another door. We will therefore be happy to partner with you, like we are doing with your sister agency, Nigerian Financial Intelligence Unit (NFIU)” he stated.

Also, Ango condoled with the EFCC on the recent
lose of its operative and commended the EFCC Executive Chairman for the excellent work he and the Commission have been doing to tackle financial crimes in the country since he assumed duty as Chief Executive of the Commission.

In his remarks, the EFCC Executive Chairman,
Mr. Olanipekun Olukoyede thanked the FCT-IRS chairman and his team for the visit and expressed willingness to partner with the Service to improve revenue collection in the FCT. Olukoyede said the Commission is in partnership with the Federal Inland Revenue Service (FIRS) and other State Internal Revenue Services and therefore would be willing to partner with the FCT-IRS to shore up its collections.

He noted the need to have a Memorandum of
Understanding (MoU) to highlight the specific areas of collaboration pointing out that such would further strengthen the relationship between the two organisations.

The EFCC Chairman further lauded the efforts of Mr. Michael Ango since his appointment as Acting Executive Chairman, adding that he has been keeping tabs with the achievements within the short period of time and also not surprised about the aggressive infrastructural development in the FCT carried out by the Honourable Minister of the FCT, which shows that taxpayer’s money is judiciously used across the territory.

Hot this week

CSO Urges NAHCON to Refund Excess 2025 Hajj Fare to Over 44,000 Pilgrims

By Jabiru HassanCSO Renews Call for Refund of Excess...

Gbede APC Leaders Endorse Hon. Salman Idris for Second Term in House of Representatives

By Noah Ocheni, Lokoja Leaders of the All Progressives Congress...

Dungurawa Reelected Kano NNPP Chairman, Pledges Fair and Strengthened Party Leadership

By Jabiru HassanDungurawa Reelected as Kano NNPP Chairman, Promises...

More Houses for Judges’ll Support Judicial Productivity- Wike

By Joyce Remi-BabayejuThe Federal Capital Territory (FCT) Minister, Barr....

Northern Coalition Condemns Alleged Detention of Ex-AGF Malami, Demands Immediate Release

By Achadu Gabriel, KadunaThe Northern Coalition of Socio-Political Groups...

Unity Key to Reviving Nigerian Basketball, Says Igoche Mark

Prominent basketball promoter and initiator of the Mark “D”...

Ribadu, DSS Boss, Governors Urge National Unity at Northern CAN Chairman’s Daughter’s Wedding in Kaduna

 By Achadu Gabriel, KadunaTop Nigerian political and security leaders...

Gov. Ododo Felicitates Imo Governor Hope Uzodinma on 67th Birthday, Hails Leadership and Service

 By Noah Ocheni, LokojaKogi State Governor, Alhaji Ahmed Usman...

Namibia’s Government Moves To Address 88% Urban Informal Settlements… Sankwasa

By Joyce Remi-BabayejuNamibai’s Minister of Urban and Rural Development,...

MOFI CEO Ume Takang Wins 2025 Housing Finance Personality Award

By Joyce Remi-BabayejuChief Executive Officer of the Ministry of...

Fire Outbreak Guts 4 Blocks of Flats in Asokoro District

By Joyce Remi-BabayejuA fire outbreak gutted four out of...

Related Articles

Popular Categories

spot_imgspot_img