FIRS: Taxes now contribute 70% of monthly allocations
The Chairman of the Federal Inland Revenue Service (FIRS), Dr. Zacch Adedeji, has revealed that nearly 70% of funds disbursed at monthly Federation Account Allocation Committee (FAAC) meetings now come from taxes collected by the agency. This milestone reflects a significant boost in Nigeria’s fiscal health, driven by enhanced tax collection efforts. Speaking in an interview marking his two-year tenure, Dr. Adedeji emphasized that the increase in tax revenue has […]