National tax agency, the Federal Inland Revenue Service (FIRS) has said that it generated revenue of N4.2 trillion between January and September 2021
The intimation was made by the Executive Chairman of FIRS, Mr Mohammad Nami at the FIRS Special Day at the 2021 Lagos International Trade Fair (LITR), on Thursday, in Lagos, theme: “Connecting businesses, creating value”.
He stated that the agency was able to achieve the revenue number despite challenges due to covid-19.
Nami said, “It is with great pleasure that I wish to inform all present that our revenue generation has improved tremendously despite the challenges posed by COVID-19.
“The sum of N4.2 trillion has been collected by the Federal Inland Revenue Service (FIRS) between January and September 2021.
“This feat was achieved as a result of the efficiency and effectiveness of the newly introduced in-house ex-service solution (TaxPro Max) and intelligence/data we gathered, mined and analysed in the period under review.”