The deputy spokesman of the House of Representatives, Philip Agbese, believes Nigerians will acknowledge the effort of the Executive chairman of the federal inland Revenue Service (FIRS), Zacchaeus Adedeji, in leading reforms to revamp the country’s fiscal policy framework.
According to Agbese, Adedeji’s reforms, as captured in four tax bills currently before the National Assembly, will stimulate the nation’s fiscal policy.
Agbese said “What FIRS has done in the past few years is commendable. Under the stewardship of Mr. Adedeji, the agency has been surpassing its revenue target.
Do not forget that the FIRS collected a record N12.37 trillion in 2023, which was 10.7 per cent higher than its target of N10.7 trillion.”
Read also:
- SMEDAN begins ₦5 billion grant disbursement to support student entrepreneurs
- China cautions that global trade war will impact African SMEs, investment
- FG approves N120bn for vocational education, targets 650,000 youths
- Umo Eno empowers 655 small business owners, farmers in Ikot Ekpene with ₦260m support
- Fire guts shops in Kano’s Kurmi market
“Nigerians will appreciate this man very soon because when these bills are passed and the Federal Government has more money to spend, critical infrastructure will be developed. Jobs will be created, and to a great extent, poverty will be reduced”
“We don’t have many Adedejis in charge of government agencies. From the look of things, he is going to repeat the feat he pulled last year. The FIRS set a revenue target of N19.41 trillion for 2024.
As of the end of September, it had already collected N18.5 trillion. What that tells us is that we will sing a new song at the end of the year,” he said.
Discover more from SMALL BUSINESS INSIGHTS
Subscribe to get the latest posts to your email.