The House of Representatives has commended the Executive Chairman of the Federal Inland Revenue Service (FIRS) Dr. Zacch Adedeji and his management team for effectively and efficiently running the nation’s top tax agency.
Chairman House Committee on Finance, James Faleke gave the commendation when he led his members on an oversight function to the ongoing construction work of the headquarters of the FIRS in the Central Business District of Abuja.
NewsQuest reports that the FIRS exceeded its 2023 revenue target of ₦11.55trillion, collecting ₦12.36 trillion. The agency in the first quarter of 2024 alone, achieved ₦3.94trillion representing a 56 percent increase compared to the same period in the previous year.
Faleke said, “For us, we can only commend the management and staff of the FIRS and of course, the contractor, CCECC for a job well done. We have seen the work and it is well designed. Where there was a need for amendment or questions, we asked and the answers were provided. So, we are satisfied with what we’ve seen and we say kudos to the FIRS.
“We went to the temporary headquarters and we met everybody happy. Why we took time before coming on oversight was to allow the Executive Chairman to settle down and we have seen that he’s fully settled down and work is very smooth.
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“So, we decided to come to the proposed permanent site, which is a 16-storey building structure and we have seen the progress so far.
“As the architect said, the building was started in 2011 but the current management has taken it to a 65 percent completion rate. It will be completed in the last quarter of next year.
“We expect that when this building is completed and the tax laws are passed, it will be launched in this building. We also expect that more money will come into the government coffers,” he noted.
The lawmaker assured of the readiness of the committee to support the FIRS to deliver on its mandate adding that FIRS was critical to the economic development of the nation.
“For us, we will continue supporting you to do your job and we are also doing our job. We have always supported you and we’ll continue to do so. We are satisfied with what you’re doing”, he said.
According to Faleke, with the visit to the permanent site, the committee was better equipped to appropriate the service in the 2025 budget.
Dr. Adedeji in his remarks earlier commended the lawmakers for being supportive of the organization even as he promised the cooperation of his management for a smooth working relationship.
He assured that under his leadership, the organization will continue to deliver on its target and judiciously implement its budgets.
“Mr. Chairman, I welcome you and your honourable colleagues to the FIRS headquarters. We are happy to receive you and pledge our readiness to work with you for the development of our nation”, Adedeji added.
