play_arrow

keyboard_arrow_right

Listeners:

Top listeners:

skip_previous skip_next
00:00 00:00
playlist_play chevron_left
volume_up
  • play_arrow

    Kapital FM 92.9 The Station that Rocks!

Business

FCT-IRS Partners NFIU To Enhance Tax Compliance

todayOctober 15, 2024 125 2

Background
share close

The Acting Executive Chairman of the Federal Capital Territory Internal Revenue Service (FCT-IRS), Mr Michael Ango has called for a more robust partnership between the Service and Nigerian Financial Intelligence Unit (NFIU) to enhance tax compliance in the FCT.

Ango made the call when he paid a Courtesy visit to the Chief Executive Officer of the NFIU, Hajiya Hafsa Abubakar, in Abuja

He explained that NFIU is one of the strategic stakeholders of the Service, hence the need for the visit in order to strengthen the existing collaboration for the mutual benefits of the two organisations.

He said the visit was part of engagements with key stakeholders of the FCT-IRS of which NFIU is one, to solicit for support and cooperation with a view to enhancing revenue collection and administration in the FCT.

The Acting Chairman stated that he is aware of the existing partnership between the two organisations but he is looking forward to a closer and stronger working relationship between them for the progress of the FCT and the country in general.

The FCT-IRS boss noted that coming together to share ideas, data and information between the two organisations would help in no small measure to facilitate and improve their operations.

In her remarks, the NFIU Chief Executive Officer, Hajiya Hafsa Abubakar who congratulated the Acting Executive Chairman on his appointment also expressed delight with the visit.

Abubakar said that she was confident that under the leadership of Mr Ango, the service would continue to make significant strides by ensuring that the FCT stands out as an example for efficiency, effectiveness and integrity in revenue generation.

She explained that NFIU is the central national authority responsible for receiving reports from a broad range of local and foreign entities, analysing the reports and producing intelligence which is shared with law enforcement and security agencies as well as other authorities to combat crimes.

According to her, the NFIU recognises that tax crimes particularly tax evasion is a serious offence, because it denies the government the resources it needs to invest in infrastructure and pay for services that contribute to wellbeing and prosperity of the citizenry.

She said her agency would be willing to tap from the experience and knowledge of the Acting Executive Chairman in law taxation and other areas of expertise to further enhance their operations.

PR/Remi Johnson

Written by: Editorial Team

Rate it

Post comments (0)

Leave a reply

Your email address will not be published. Required fields are marked *


0%