Without FIRS chairman’s efforts, Nigerians’ situation would be worse – RMAFC
Without FIRS chairman’s efforts, Nigerians’ situation would be worse
The Federal Inland Revenue Service and the Revenue Mobilisation Allocation and Fiscal Commission have inaugurated a joint technical committee aimed at strengthening tax revenue monitoring and boosting fiscal sustainability across Nigeria’s three tiers of government.
This came as the RMAFC’s Inland Revenue Monitoring Committee chairman, Bimbo Kolade, highlighted the crucial role FIRS plays in ensuring steady revenue flows.
The inauguration took place on Wednesday at the FIRS headquarters in Abuja, according to a statement issued on Thursday by the Technical Assistant on Media to the FIRS chairman, Sikiru Akinola.
Kolade noted that federal, state and local governments can make projections and execute projects as a result of steady revenue, which comes mainly from tax revenue collected by FIRS and shared monthly at the Federation Allocation Account Committee meeting.
