By Naomi Uzor
F ederal Inland Revenue Service, FIRS, yesterday disclosed that it had recorded a remarkable performance in terms of revenue collection this year, adding that, as at October 31st, it recorded a collection of N4.3trillion.

Speaking at the FIRS special day at the ongoing Lagos International Trade Fair, the Executive Chairman, Babatunde Fowler said the service had the potential to meet its assigned target at the end of the year.

“We realize that this performance wouldn’t have been possible but for the present administration’s policies of expanding the nation’s tax base and blocking revenue leakages. You may be aware that we have recently focused our attention on businesses with over a billion naira in annual turnover but no record of commensurate payment of their tax obligations; approximately 6000 plus of such companies have been identified and contacted by the Service leveraging on various data sources; we will continue to focus on recovering all such revenues due to the Federal Government and the people of Nigeria”

“We encourage the business community and all well-meaning citizens to continue to partner with us to ensure that defaulters are traced and face the consequences while compliant businesses receive all the support they require,” he said.

On their part, he said, they are working hard to ensure that the FIRS was in full alignment with all efforts to grow national revenue from taxation while easing the administrative burdens inherent.

“We place emphasis on human resources as one of several tools to achieve our aim of expanding the tax net- this is why we recently recruited young Nigerians to support our bid to effectively provide adequate services to all the nooks and crannies of the country”, he stated.

https://www.vanguardngr.com/2018/11/revenue-collection-hits-n4-3trillion-says-firs/

Yet the clueless APC government will still borrow to service debt.

If true, why are they borrowing

I don't always believe any figure government provides. From the time our population census was rigged till date, I don't take them serious.

So, I shouted Sai Baba. People like ATIKU, OBJ, TY Danjuma, Dokpesi and many others have started paying tax. No wonder they're desperate to return to power.

As our lord will have it, truth shall prevail over lies, light shall prevail over darkness, integrity shall prevail over money and PMB shall prevail over his bittered enemy.

So, I shouted Sai Baba. If you're angry with that use the other option.

Bragalane:
Many of you hopeless Igbos on NL no just gree get sense.

You are stupid, kid! Answer or keep quiet!

GOD BLESS OUR PRESIDENT MUHAMMADU BUHARI

And Buhari still wants to borrow to fund 8trillion budget?

Something is not adding up

MrAJQ:
So, I shouted Sai Baba. People like ATIKU, OBJ, TY Danjuma, Dokpesi and many others have started paying tax. No wonder they're desperate to return to power.

As our lord will have it, truth shall prevail over lies, light shall prevail over darkness, integrity shall prevail over money and PMB shall prevail over his bittered enemy.

So, I shouted Sai Baba. If you're angry with that use the other option.

GOD BLESS YOU.
It's always good to see that we still have reasonable youths like you in the country.
All hope is not lost.

Necessity is the mother of invention.

OkaNaUbe:
If true, why are they borrowing

I don't always believe any figure government provides. From the time our population census was rigged till date, I don't take them serious.

This is in naira...they borrow in dollars

This can happen only under PMB watch
Sai baba!

OkaNaUbe:
If true, why are they borrowing

I don't always believe any figure government provides. From the time our population census was rigged till date, I don't take them serious.

We are borrowing because we pay workers with over 320 billion every month... Plus service loan with over 200 billion every month... Take that out multiple it by 12... Subtract from the revenue generated u would get a negative... Now that's why we borrow

post=72836688:

GOD BLESS YOU.
It's always good to see that we still have reasonable youths like you in the country.
All hope is not lost.

.

Thank you

8


Sai Baba!

Sai APC!

Sai tunde Fowler!

Give a southwesterner a job that has to do with revenue generation and finances and they'll deliver anytime, any day .

Apc dey lie
All dem members dey mxxxd

If you are making so much, why are they borrowing so much ?

This is just FRIS, Not to talk of revenue from oil.

MrAJQ:
.

Thank you

You are always welcome bro.

So what have they been using all the money for

A country of 180 million people making roughly 12 billion dollars ...tgats stupidity if we want developments

The truth is until our revenue hit 100bn dollars or more we won't hit the type of development we want

If any Nigerian sincerely want development ..averagely we should be able to contribute 200k or more every year (tax) ...i said averagely some would pay 20k some 20 million some billions

But why do they still borrow peanut if we can be getting this as our revenue

Yet d govt still went and borrow money from China

Racoon:
Yet the clueless APC government will still borrow to service debt.

Tirade of a confirmed ignoramus. Even the US burrows in case you're not aware.

A beg, who knows the whereabouts of Oshiomole? Cos I cant understand all this 'he don com, him never enter tales'

And besides, someone help me ask Lai whether that man don eat from the 3.5m today

..of what difference will that make if they will end up giving 1percent of that o tinubu's remitta

mrvitalis:


We are borrowing because we pay workers with over 320 billion every month... Plus service loan with over 200 billion every month... Take that out multiple it by 12... Subtract from the revenue generated u would get a negative... Now that's why we borrow

there is a budget of 8+ trillion, I believe all salaries were captured in the budget. What about revenue from oil

Abeg make una waka one side nonsense people cooking nonsense figures.

N4.3trillion and all your offices around the country look like dump site? N4.3trillion and yet Nigeria still look this way?

Una dey craze who your bogus useless figures help

Same way the useless custom too claimed they have generate N10.9trillion in less than 6 months the bloody liars trying to deceive the zombies to show Buhari is working and yet upon all their useless figure no road, all power plants shut down, all govt parastatals offices are like abandon building, yet 19 million kids still out of school, yet children still studying under the trees, the nonsense is endless.........