Tax bills no threat to your existence, FIRS assures NASENI, NITDA, TETFUND

L-R: Director of Planning and Development, Tertiary Education Trust Fund (TETFUND), Mr Erivwo Inene; Director General, National Information Technology Development Agency (NITDA), Mr Kashifu Abdullahi; Chairman, Federal Inland Revenue Service (FIRS), Zacch Adedeji; Executive Vice Chairman, National Agency for Science and Engineering Infrastructure (NASENI), Khalil Alilu, during a visit to the FIRS chairman at the Revenue House in Abuja, on Wednesday. Photo: Victor Onarinde

FIRS: The bills, when passed into law, will give various agencies the opportunity to focus on their respective functions rather than bothering about revenue collection

By Valentine Amanze

The Chairman, Federal Inland Revenue Service (FIRS), Zacch Adedeji, has doused the fears of government agencies on the four tax bills currently before the National Assembly.

Adedeji assured them that there was nothing in bills that threatens the existence of any government agency or the jobs of individuals.

Adedeji gave the assurance in Abuja at the Revenue House on Wednesday, while receiving the chief executive officers of the National Agency for Science and Engineering Infrastructure (NASENI), the National Information Technology Development Agency (NITDA) and the Tertiary Education Trust Fund (TETFUND).

The FIRS boss was reacting to the fears being expressed that the proposed change of the name of FIRS to Nigeria Revenue Service (NRS) would lead to the tax agency subsuming a number of federal agencies.

The FIRS chairman, who commended the management of the agencies for seeking clarification on the bills, explained that the change would only enhance the efficiency of the agencies and make their operations more seamless.

Also read: Tax Reform Bills will not be withdrawn from National Assembly – Tinubu

His words: “I want to assure you that there is nothing in the bills that will reduce your funding, effectiveness or efficiency. What we have in the Bills are provisions that will help us in laying a solid foundation for your sustainability.

 “The Federal Government is repositioning its fiscal outlook to to meet the funding requirements of all agencies.

“The main objective is to enhance tax efficiency, ease compliance levels.

“The bills, when passed into law, will give various agencies the opportunity to focus on their respective functions rather than bothering about revenue collection.

“In our minds, we see change as reduction or elimination, which is not true. Most times, change is responding to our current circumstances. There is a consensus that multiplicity of taxes is one of our problems. But what are the foundations of this multiplicity?

“The laws that set up these agencies, commissions and boards have tax provisions embedded in them and these provisions must be implemented. So when people carry out their own constitutional roles as stipulated in their acts or laws, you can’t say what they are doing is illegal.

“So, in the wisdom of President Bola Tinubu, for us to overcome these problems, we should harmonise these laws scattered in different books. That is what the Nigeria tax bill means.”

The heads of the agencies took turns to explain the mandates of the bodies and how they have contributed to the national economy and development.

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