The Executive Chairman of the Federal Inland Revenue Service (FIRS), Dr. Zacch Adedeji on Monday reiterated the significance of the Joint Tax Board as a unifying platform for tax administration in Nigeria.
Dr. Adedeji stated this at the opening ceremony of the 157th meeting of the Joint Tax Board, held in Ibadan, Oyo State.
The Joint Tax Board (JTB) is the umbrella body of all tax authorities in the country, established under Section 86(1) of the Personal Income Tax Act (PITA) 2004 with the primary role of ensuring uniformity of standards and application of personal income tax laws across the country.
The FIRS in a statement on its Facebook page, said, that Dr. Adedeji at the event, highlighted its evolution into the Joint Revenue Board, pending legislative assent.
The FIRS chief executive expressed deep appreciation to the Executive Governor of Oyo State, Seyi Makinde, for hosting the event and commended the state’s progressive strides in infrastructure and socioeconomic development.
He also acknowledged the state’s impressive achievements in revenue generation, noting a 145.5% growth in its revenue profile since 2019 and a 2024 Internally Generated Revenue (IGR) performance of ₦65.28 billion, placing Oyo among the top ten states in the country.
Dr. Adedeji praised the administration’s efforts in leveraging the informal sector for economic growth and recognized initiatives such as the “Ise D’Otun” program.
He encouraged continued dedication to public welfare and socio-economic development across the state.
