FIRS Targets N4.9trn Revenue In 2016

 FIRS Targets N4.9trn Revenue In 2016

FIRSThe Federal Inland Revenue Service (FIRS) says it is targeting a revenue of N4.9 trillion in 2016.
Chairman of FIRS, Mr Tunde Fowler, disclosed this at the opening of the 134th Joint Tax Board meeting in Kano.
He assured that 80 per cent of the targeted amount would be collected before the end of the year.
He said that the meeting would address challenges militating against effective tax administration in the country.
He recalled that the Inspector-General of Police had dismantled all road blocks across the country as part of efforts to check indiscriminate and multiple tax payment
Fowler called on the participants to come up with useful suggestions to improve revenue from tax in the country.
Earlier, Kano State Commissioner for Finance, Prof. Kabir Dandago, said the state government would continue to support measures aimed at improving internal revenue generation, not only for the state but for the country.


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