FIRS generates N650bn revenue in June

The Federal Inland Revenue Service (FIRS) says it has generated N650 billion revenue in June.
The Director, Communications and Liaison Department, FIRS, Mr Abdullahi Ahmad, disclosed this in a statement in Abuja on Wednesday.
Ahmad said that this was the highest revenue realised in single month since the COVID-19 pandemic started and the assumption of office of the current management.
He quoted the Executive Chairman FIRS, Mr Muhammad Nami, as saying, “this feat was achieved as a result of the efficiency and effectiveness of the TaxProMax Solution.
“Notwithstanding the challenges and resistance faced in the early stages of its adoption, and the downturn orchestrated by slow economic recovery,” he said.
Nami recalled that as part of its efforts at modernizing tax administration in the country, the FIRS recently introduced the Tax Administration Solution (TaxProMax) for ease of tax compliance.

TO CONTINUE READING CLICK HERE