FIRS Chairman Urges Fiscal Reforms to Boost Nigeria's Revenue

The Federal Inland Revenue Service (FIRS) Chairman, Zacch Adedeji, urged for major fiscal reforms in Nigeria to combat the country's decreasing revenue. Speaking in Osun State, Adedeji highlighted the necessity of enhancing economic resilience amidst dwindling revenue streams.

He emphasized the importance of disciplined spending, widening the tax base, and adopting stricter fiscal rules to stabilize public finances. Adedeji stressed the need for a long-term plan to address revenue challenges and advocated for a diversified and equitable revenue system.

He also mentioned ongoing efforts to modernize FIRS through technology-driven revenue strategies.