You must deliver N4.96 trillion this year, Nigeria tells country’s tax agency

You must deliver N4.96 trillion this year, Nigeria tells country’s tax agency

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KEMI FINANCA

The Minister of Finance, Kemi Adeosun, on Wednesday told officials of the Federal Inland Revenue Service (FIRS) that realizing the tax target of N4.957 trillion for 2016 was non-negotiable and that no room should be left for failure.

The minister, who was speaking in Abuja at the 2016 annual Corporate Strategy Retreat of the FIRS, said this underlined the seriousness the federal government attached to the FIRS’ attainment of its 2016 revenue generation target.

“There is really no room for failure. Really, it’s non-negotiable. FIRS must deliver, because the whole nation will depend on it to fund the budget. We need the money to stabilize the economy,” Mrs. Adeosun said.

Apart from the professional pride of the workers, the minister pointed out that the satisfaction they were likely to derive from working for the revenue agency should inspire them to help build the nation by realizing the revenue target.

“Realizing the tax target is not a joke. We need everybody to do his/her beat to ensure that everybody contributes to the achievement of the target. I look forward to the excellent ideas that will improve revenue generation at the end of the retreat,” she said.

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