Zacch Adedeji | File Image
By Valentine Amanze
The International Monetary Fund (IMF) has commended the Federal Inland Revenue Service (FIRS) after scrutinizing the agency’s ongoing reforms.
It said that the agency made significant progress in its core duties.
A Senior Economist at the Fiscal Affairs Department of the global body, Paulo Paz, gave the commendation on Wednesday at the opening of IMF-supported Headquarters Mission at the Revenue House in Abuja.
Paz said the IMF recognized the “good work that FIRS has been providing to the citizens,” under its chairman, Zacch Adedeji, adding that the Bretton institution would continue to support the agency in delivering effective tax administration for the growth and development of the country.
A statement issued by Dare Adekanmbi, the Special Adviser on Media to the FIRS chairman, explained that the mission of the IMF team to Nigeria was to explore areas the organisation could further support the agency in addressing the challenges that might arise, particularly with the recently signed tax laws.
He assured that the new tax laws would bring new impact to Nigeria.
“And we want to know how we can best support you with this new challenge. Our take on the four tax laws is first a recognition of the very good work that FIRS has been providing to the citizens.
Also read: ICAN inaugurates FIRS chapter, hails Adedeji’s leadership of tax agency
“You have at the same time the recognition and new responsibilities with these very powerful laws which will increase the relevance of the tax administration in Nigeria.
“I want to express our honour of being here and being a partner of FIRS. Thank you for your trust in our advice. We congratulate you for the good results so far. There is more to come, and we are here to help,” he said.
Adedeji, while welcoming the visitors, applauded IMF for journeying with the tax body, saying that the relationship would continue when the agency transits to the Nigeria Revenue Service (NRS) next year.
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