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.
Plus234Feed summary based on reporting from Ripples Nigeria. Read the original report below.
Read full article
Continue on Ripples Nigeria
Get the week in one email
Top stories, NPFL results, the naira — every Friday morning. Free, one email a week.
Related Stories
Adedeji Advocates Tax Reforms for Nigeria's Economic Resilience
FIRS Boss Urges Nigeria to Diversify Revenue Beyond Oil for Economic Resilience
Nigerian Government Ends Revenue Deductions, Orders Full Remittance for Fiscal Reform
Nigerian Senate Rejects Multiple Budgets, Orders FIRS to Raise Revenue Target to N35tn
World Bank Report: Nigeria's FIRS Allocates 4% Oil Revenue, Surpassing Peers - Fiscal Challenges Ahead
Nigerian Government Launches Revenue Recovery Drive to Strengthen Fiscal Governance
Get Plus234Feed on messaging apps
Same headlines, delivered where you already scroll.
