Connect with us

News

FIRS Boss Reveals Multiple Revenue Collection Agencies Responsible For leakages

Published

on

ADVERTISEMENT
Zoom Ad
ADVERTISEMENT
Zoom Ad
By Gloria Ikibah
The Executive Chairman of Federal Inland Revenue Service (FIRS), Zach Adedeji, has said that the collection of revenue by over 60 government agencies is the major cause of leakage of funds.
Adedeji who disclosed this when he appeared before the House of Representatives Committee on Finance, chaired by Rep. for bugdet hearing, said this duty should solely be the responsibility of the Service to ensure greater accountability in the system.
He asserted that other revenue collection agencies of government should focus on their various core mandates; and further advocated for a single window method of tax collection to make the process less cumbersome and check the loss of government funds.
According to the FIRS boss, one of the challenges facing this was lack of verifiable data in the country.
He said a bill would be sent to the National Assembly to ensure all Nigerians have one single number of identification.
He said, “We are doing a lot of reforms including the single window because if you look at FIRS, what we collect mainly is company income tax. The problem we have is that we do not have verifiable data in the country. So one of the major things we are doing which hopefully in the next two weeks or one month maximum, a law would be sent to the House to change so that all Nigerians must have one single number of identification which by law today is NIN. The plan is to make sure everything we do as citizens is linked directly to this NIN. This would also help address issue of tax leakage.”
Adedeji said the Services was given a mandate to collect the sum of N10 trillion based on the Medium Term Expenditure Framework (MTEF) that was passed in 2023 which was reviewed upward to N11 trillion during the year.
He noted that the Service was able to deliver N12.3 trillion as the revenue collected for the year 2023 which was 11 percent above the target set by government.
Adedeji said the performance was as a result of the internal reform that they embarked upon and the favourable economic policy decision by the President.
The FIRS Boss said the mandate of the Service for 2024 through the MTEF is to collect N19 trillion which is an additional N7 trillion compared to what was collected in 2023.
He said the bulk of it is coming from positive projection from oil and gas revenue.
He however said if this ambitious target of N19 trillion is to be met there is need to restructure the service to be more focused.
Adedeji said, “So instead of having types of taxes, what we do now is to categorise by the turn over which is customer focused. Now we have large tax if your turnover is above N5 billion. Between N1 and N5 billion is medium and anything less than N1 billion is a small tax payer.
“The reason for this is simple. We want to provide a one stop shop for tax payers. Where one can do all forms of taxes. This would reduce multiple audits and distraction to the businesses. It is our intention that 80 percent of core service job is done by the service.
“The tax to GDP is very low compared to our peers and that is why we have to come up with those reforms that Mr President has approved. One of it is the setting up of that tax reform committee. What we see is that in other climes, you have single revenue collecting agents. But here in Nigeria we have more than 62 agencies collecting one way or the other on behalf of Federal Government.
“And when you see people focussing on revenue instead of going to their area of strength, when everybody tries to collect, the leakage is all there. Two is the law that we have. Most of them are obsolete. For example the digital tax that we are talking about there is no law in Nigeria that empowers us to effectively tax all these digital businesses which we know is on the rise.
“Also our processes, Mr Presidnent approved that going forward we should pay our contractor’s directly instead of moving money to MDAs, most especially capital funding. What that would do is that we can deduct tax and also help us in cash management.
“We are also doing a lot of reforms including the single window. Because if you look at FIRS what we collect mainly is company income tax which is result of the difference between cost of sales and gross sales. But cost of sales if inflated means you would have less profits and less taxes.
“Today we don’t have anywhere to confirm the major cost of sales of all these companies because when they do the valuation sometimes, they do not have verifiable value to do that”, he noted.
Chairman, House Committee on Finance,, Rep. James Faleke, queried if the proposed single window revenue would mean whether Customs, NIMASA, NPA and all the major revenue collectors would be subject to the FIRS or the Service would be collecting revenue on their behalf.
In response, Adedeji said these agencies should rather concentrate on their individual primary mandates and leave the revenue collection to the FIRS.
He said, “This is the way. If you look at the basis of collection like you mentioned, I use NIMASA as example, the basis of collection for NIMASA is 3 percern of FOB. That has nothing to do with Marine. FOB, if you have the single window, you know the total number of vessels coming into the country and going out and the fee is just 3 percent, so what does NIMASA need to do about that.
“What we are saying is that these agencies were set up to do core duties. When you talk about Customs, they are border and trade facilitation. Revenue is not core mandate of Customs. Customs is about border and trade facilitation. So when you have single window, all what you say Customs collects because the real principle of single window is that everything coming to the country is in advance notified, so you know the number of containers coming, the volume, what is there and you know the amount and they pay you once.
“When you do that, the Customs collecting this and that or the NPA collecting also, this would go. When we talk about single that is why they say revenue service. If you go to UK or South Africa, you don’t see Customs Customs collecting revenue. They are merged.
“I am not saying it is bad but it is not the duty of FIRS to be approving payment for roads. I don’t have people who would monitor whether that road is done or not. So my duty is to access, collect and account for all revenue due to Federation. So any other  job may be good and laudable but that is not my core duty. So the same things happens when you see a lot of other agencies collecting revenue. And that is when you see leakages,” he added.
The Chairman commended the initiative to ensure payments are made directly to the contractors and not the MDAs.
He reiterated the commitment of the Committee to ensure that leakages are addressed and revenue increased to make life better for the ordinary Nigerian.
He said, “No one here will doubt your capability, it’s just the political will. Thank God that we have a president who has given you the authority and of course back you with that political will to reform our tax system. What you have to do is to look inward and ensure that you have directors and staffers who will not and negotiate you out.
“We have document to show that we have operators of our revenue collection who also negotiate and say you can pay this, we will do this. That is exactly what we are facing.
“With all the things you have enumerated, only you cannot do the job. You also have to delegate. So what this means is that every one of your staff who are on oath will ensure that they do the right thing.”
Continue Reading
Advertisement

News

ISWAP Snr Finance Chief Surrenders With Two Sons, AK-47 as 46 Terrorists, Families Lay Down Arms – Army

Published

on

ADVERTISEMENT
Zoom Ad
ADVERTISEMENT
Zoom Ad

A senior finance commander of the Islamic State West Africa Province (ISWAP) has surrendered to troops of the Nigerian Army alongside his two sons and an AK-47 rifle, in what military authorities described as another significant breakthrough in the ongoing counter-insurgency campaign in the North-East.

The Army revealed that the high-ranking ISWAP operative was among 46 terrorists and their family members who voluntarily laid down their arms following sustained military offensives against insurgent strongholds.

According to military authorities, the surrender is part of the continued success of coordinated land and air operations that have weakened the operational capabilities of terrorist groups across Borno State and adjoining areas.

The surrendered individuals reportedly included fighters, women and children, with the senior ISWAP finance chief arriving with his two sons and a serviceable AK-47 rifle.

Advertisement

Military sources said preliminary intelligence indicates that persistent offensives, destruction of terrorist logistics bases, and mounting pressure from troops have continued to force insurgents to abandon their camps and surrender.

The Nigerian Army reaffirmed its commitment to sustaining ongoing operations aimed at dismantling terrorist networks, restoring peace to affected communities, and encouraging more insurgents willing to renounce violence to surrender through established deradicalisation and rehabilitation programmes.

Security analysts have described the latest surrender as another indication that sustained military pressure is disrupting the command structure and financial operations of terrorist organisations operating in the North-East.

Advertisement
Continue Reading

News

SAD! Absucted victims, 2 babies born in terrorists’ camp d*e

Published

on

ADVERTISEMENT
Zoom Ad
ADVERTISEMENT
Zoom Ad

By Kayode Sanni-Arewa

No fewer than seven victims abducted during the April attack on worshippers in Ariko community, Kachia Local Government Area of Kaduna State, have reportedly died in captivity, as fresh accounts from a recently freed captive paint a grim picture of worsening humanitarian conditions inside a terrorists’ camp where dozens of residents have now spent more than three months.

The latest revelation was made by former media aide to the late Kaduna State Governor, Sir Patrick Ibrahim Yakowa, Mr. Reuben Buhari, in a post on his Facebook page, citing information obtained from one of the victims who recently regained freedom. Blueprint reports

According to Buhari, the freed captive disclosed that seven of the 37 persons kidnapped from Ariko village have died since they were taken away during the Easter Sunday attack.

Advertisement

The deceased were said to include two men, two women and three children.

*Bodies allegedly dumped on hillside*

According to the survivor’s account, the deceased victims were not given proper burials.

Instead, the bodies were allegedly dragged to a nearby slope and abandoned.

Advertisement

Buhari also shared a photograph of the 37 abducted worshippers which he said was released by the kidnappers six days after the abduction, identifying one of the men in the image as among those who had reportedly died in captivity.

The latest account could not be independently verified as of the time of filing this report.

*Babies born in captivity do not survive*

The survivor also disclosed that the baby delivered by one of the abducted women inside the terrorists’ camp has died.

Advertisement

The birth had earlier drawn widespread attention after another escapee recounted how fellow female captives were forced to assist the woman during labour without medical supplies or professional care.

According to the earlier testimony, the captors allegedly refused to provide a knife or blade to cut the baby’s umbilical cord, forcing one of the women to use her teeth.

The newborn reportedly survived for almost three weeks before dying in the camp.

The latest account further revealed that another pregnant woman abducted from Awon village on April 20 also gave birth while in captivity about two weeks ago.

Advertisement

However, the baby reportedly died the following day.

The 11 victims abducted from Awon village are now said to be held in the same camp as the Ariko victims.

*Victims sleep in the open*

The recently freed captive described extremely harsh living conditions inside the camp.

Advertisement

According to the account, the abductees sleep in the open without any form of shelter, leaving them exposed to rain, cold and harsh weather conditions.
Whenever it rains, they are said to spend the night on wet ground.

The survivor added that many of the remaining children in captivity are ill, with deteriorating health conditions caused by prolonged exposure, hunger and lack of medical attention.

Earlier testimonies from other escapees had also described widespread malnutrition, skin infections and poor sanitation inside the camp.

One 65-year-old woman who escaped after spending 54 days in captivity had narrated how captives survived on boiled leaves, mangoes and stream water, while many were deliberately kept barefoot to prevent escape attempts.

Advertisement

She eventually regained freedom after trekking barefoot through the forest for three days.

*More than 100 days in captivity*

According to Buhari, the 37 victims abducted from Ariko village have now spent 110 days in captivity, while the 11 residents kidnapped from neighbouring Awon village have remained in the same camp for 95 days.

He appealed to Nigerians to continue praying for the victims and their families, expressing hope that they would soon regain their freedom.

Advertisement

The latest development comes amid persistent attacks on communities in Kachia Local Government Area.

Only recently, terrorists invaded Ungwan Atiku village, killing one resident and abducting 11 others, including three nursing mothers and their suckling babies, further deepening concerns over the worsening security situation in Southern Kaduna.

Residents have repeatedly called on security agencies to intensify rescue operations and dismantle criminal camps operating in forests across the area to secure the release of those still being held.

Efforts to obtain the reaction of the Kaduna State Police Command were unsuccessful, as the Command’s Public Relations Officer, DSP Mansir Hassan, neither answered telephone calls nor responded to a text message seeking his comments before this report was filed.

Advertisement
Continue Reading

News

Heavy haul: N10bn Cocaine, Loud, opioids intercepted at Lagos ports(PHOTOS)

Published

on

ADVERTISEMENT
Zoom Ad
ADVERTISEMENT
Zoom Ad

…as NDLEA nabs kingpins
. Recovers 401 military grade ammunition concealed in palm oil kegs, others in Kaduna, Katsina; seizes UK-bound tramadol consignment in black soup containers

A 55-year-old businessman, Onuigbo Ndubisi Chinedu who deals in clothing at the popular Balogun market, Lagos Island, has been arrested by operatives of the National Drug Law Enforcement Agency (NDLEA) over attempt to export 3.30 kilograms of cocaine concealed in walls of cartons used to package foodstuffs going to the United kingdom.
Onuigbo was arrested on Thursday 23rd July 2026 following the interception of his cocaine consignment at the export shed of the Lagos airport the previous day, Wednesday 22nd July by NDLEA operatives. In the course of investigation, three cargo agents: Nkwor Onyekachukwu Justina; Adeleke Abiola Taoheed; and Ukanwa Grace Pilgrim, who handled the shipment were initially arrested leading to the arrest Kenneth Okakpu who delivered the consignment to the cargo agents for shipment to the UK.
Okakpu’s arrest provided the lead to identifying Onuigbo as the kingpin behind the syndicate and his eventually arrest while attempting to send another consignment of cocaine to the UK.

A 31-year-old entrepreneur Emmanuella Chukwu-Edo also involved in illicit drug trafficking was on Tuesday 21st July arrested at her Surulere Lagos residence by NDLEA operatives following the seizure of her consignment of 2.80kg Loud, a synthetic strain of cannabis, which arrived from the United States aboard a United Airlines flight on Monday 20th July.
In another interdiction operation at the Lagos airport, a total of Two Million Two Hundred and Forty (2,240,000,000) pills of Tapentadol 250mg worth over N2.2 billion in street value were recovered from a shipment from India aboard an Air Maroc flight during a joint examination of the cargo on Friday 24th July. The exercise was based on an intelligence received and processed by NDLEA. This came on the heels of the seizure of a consignment of tramadol buried in containers of black soap heading to the UK. The shipment was intercepted by NDLEA operatives at a courier firm in Lagos on Wednesday 22nd July.

At the Apapa seaport in Lagos, a container of three vehicles used to conceal a total number of 4,777 sachets of Canadian Loud weighing 2,388.5kg worth over N7.1 billion in street value, was uncovered during a joint examination of the shipment on Monday 20th July.
A suspect Mustapha Sani, 30, was on Wednesday 22nd July nabbed by NDLEA operatives
on patrol operation at Baure, Safana LGA, Katsina state where he was found with 323 rounds of military grade ammunition consisting of 200 pieces of 7.62mm and 123 rounds of 7.6mm neatly concealed.

Another suspect, Abubakar Amadu, 30, was arrested by NDLEA officers on stop and search operation at Jere, along Abuja-Kaduna expressway where he was found with 73 RLA, 7.62mm ammunition hidden in kegs of red oil. Both suspects have been handed over to the relevant security agency for further investigation.

In Edo state, raid operations at Ilushi community, Esan South East LGA, on Sunday 19th July led to the seizure of 1,286kg cannabis and 86kg cannabis seeds from a warehouse while Ojore Onweze, 45, was caught with 60kg skunk and George Agwumede, 30, nabbed with 13kg of the same substance.

With the same vigour, Commands and formations of the Agency across the country continued their War Against Drug Abuse (WADA) sensitization activities to schools, worship centres, work places and communities among others in the past week. These include: WADA sensitization lecture to students and staff of Government Day Secondary School, Sabon Wuse, Niger state; Government Girls Secondary School, Shekara, Kano; and Otto Primary School, Ebute Metta, Lagos state, among others.

While commending the officers and men of DOGI, MMIA, Apapa, Edo, Kaduna, and Katsina Commands for the various successful operations, Chairman/Chief Executive Officer of NDLEA, Brig. Gen. Mohamed Buba Marwa (rtd) enjoined them and their colleagues across the country to continue with the ongoing balanced approach to the drug control efforts of the Agency.

Continue Reading

Trending

Copyright © 2024 Naija Blitz News