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HOW THE FIRS IS BREAKING NEW GROUNDS IN REVENUE COLLECTION By JANTIKU IJANADA
Just when we thought the peak in tax collection was attained, the Federal Inland Revenue Service (FIRS) brought forward another harvest of revenue collection, peaking any collection in our nation’s history.
The tax agency recently announced a total tax revenue collection of N5.5 trillion for the half-year period of January to June 2023 signifying the highest tax revenue collection ever recorded by the Service in any first six months of a fiscal year.
Even though this did not come as a shocker, it is still fascinating to see how the FIRS has improved so much under it’s current leadership and by extension set the country’s course on the path of economic growth, development and sustainability.
Prior to this feat, the Service achieved a total collection of N4.95 trillion in 2020 (representing 98% of target met). This was amidst the negative impact of the COVID-19 pandemic on the Nigerian economy as well as the business disruptions and lootings during the #EndSARS protests.
The tax agency collected in tax revenue the total sum of N6.405 trillion (representing 101% of target met) in 2021 and a total of N10.1 trillion in the year 2022.
The 2022 tax collection was the highest ever made by the FIRS in a single year, signifying over 96% of its collection target for the year, marking the highest tax collection ever recorded in its history and the first time that the FIRS will cross the N10 trillion mark in tax revenue collection.
That was a jinx breaker as it rewrote Nigeria’s tax collection history and set in motion the journey to future collections in double digits.
There is no doubt that the coming of Muhammad Nami as Executive Chairman of the FIRS , birthed a new era of reinvigoration and transformation of the agency.
His reforms and strategies have paved ways for the service to achieve much more than it had achieved in time past under previous leaderships.
The FIRS have been diligently building on the Executive Chairman’s 4-Cardinal Goals of: Making FIRS a Customer-Centric Institution; Making FIRS a data-centric Institution; Improving Stakeholder Collaboration; and Rebuilding the Institutional Framework of the Service.
These goals were carefully curated to give direction towards transforming the service for improved tax revenue collection.
The service at the same time identified more areas where it could improve in the delivery and efficiency of its collection. And this has no doubt yielded tremendous success as seen in it’s 2023-2024 tax revenue outlook presented to the National Economic Council.
During the presentation, Mr. Muhammad Nami noted that the service was able to collect N5.5 trillion in tax for the first half of the year as a result of “improved voluntary tax compliance by taxpayers, the continued improvement of automation of our tax administration processes, including the updated VAT filing processes; as well as our dogged engagement with stakeholders in both the formal and informal sectors of the economy.”
The FIRS boss also stated that the tax revenue collected from the oil sector from January to June 2023, stood at N1.73 trillion, as against a target of N2.3 trillion; while non-oil tax collection stood at N3.76 trillion, as against a target of N2.98 trillion.
With this, the agency has achieved over one hundred percent of its target for the first-half of the year when compared with a mid-year target of N5.3 trillion.
Further more, the Service collected a total of N1.65 trillion tax revenues in June 2023. This sum is the highest tax revenue collected by the Service in any single month.
With it’s continued hyper achievements, one question that keeps coming to mind is, what is this current management of the FIRS doing differently? What are they adding to the table that is yielding these progressive results?
Muhammed Nami while speaking on how the tax agency achieved its 2023 half-year collection on channels television Business Morning Show revealed the key reforms responsible for it’s continuous successes.
The reforms includes: Improvement in stakeholder engagements; ensuring that taxpayers are satisfied; issuance of circulars to guide and educate taxpayers on tax laws, legislations, how to file, filing returns, etc; enlightenment of taxpayers on their rights and obligations and redesigning the FIRS organizational structure to ensure optimum efficiency of staff.
Other reforms he stated include the constant training and retraining of FIRS staff to improve their capacity; the use of data and intelligence for tax collection and taxpayer profiling; building a comprehensive tax database; consistent stakeholder engagement in both the formal and informal sector; and deployment of the “TaxPro Max” as a tax administration solution as well as other technological tools automation of tax administration processes.
These reforms indeed are the contributors to the huge, unprecedented successes in revenue collection. Given its antecedent, one can confidently project better, prosperous days for the agency and the nation at large going forward.
Mr. Nami also attested to this when he said that: “We believe that the performance in the second half of the year would be better considering the continuing improvement to our tax administration processes and positive impact of current government’s policies on the economy.”
The FIRS have a bigger target of N7.5 trillion for the second half of the year. It is almost certain that this will not be one nut too hard to crack for the agency and who knows, it might just surprise us again by exceeding its target as seen in the first half of 2023.
News
Couple Kidnapped, One Shot In Ondo Estate Attack
Gunmen suspected to be kidnappers have abducted a couple from their residence in the Iluabo area of Akure North Local Government, Ondo State.
During the attack, which occurred in the early hours of Saturday, February 21, 2026, the assailants shot one person before seizing the victims.
The gunmen had stormed Olaribigba Estate in the community when they whisked Mr Jamiu Olawale and his wife into the bush.
Following the development, which has created tension in the agrarian community, residents protested and barricaded the road leading to the community over the incessant kidnappings and insecurity in the community.
According to sources, the couple had arrived at their residence in an ash-coloured Toyota Camry when they were attacked by the gunmen, who lay in ambush for them.
During the incident, a neighbour of the abducted couple, Patrick Ilumaro, who was seated in front of his residence, was shot by the gunmen while fleeing from the community.
A neighbour of the victims revealed that Ilumaro was swiftly rushed to an undisclosed medical facility where he is currently receiving medical treatment.
While confirming the incident, the Ondo State Police Command disclosed that tactical teams as well as conventional operatives have been deployed to the community.
In a statement issued by the Police Public Relations Officer, Abayomi Jimoh, the operatives are already combing the axis in an effort to rescue the victims and apprehend the perpetrators.
“Concerted efforts are ongoing to ensure the safe return of the abducted persons and bring those responsible to justice.
“Members of the public are urged to remain calm and go about their lawful activities. Meanwhile, the Command urges them to provide credible and actionable information that may assist in the investigation to the nearest police station.”
News
Brake Failure Leaves One Dead, Four Rescued At Abule-Egba
One person died and four others were rescued following a road accident at Ekoro Junction, Abule-Egba, on Friday evening, according to a statement from the Lagos State Traffic Management Authority.
The Director, Public Affairs and Enlightenment Department of LASTMA, Adebayo Taofiq, made this known in a statement issued on the agency’s X handle on Saturday.
According to the agency, the crash occurred at about 7:30 p.m. when an empty MACK tanker suffered a sudden brake failure, lost control and rammed into a Toyota Corolla before crashing into a roadside shop.
LASTMA said the tanker, with registration number EKY 900 XY, collided with a Toyota Corolla marked AAA 823 AY.
The impact caused extensive structural damage to the shop and triggered panic among traders and pedestrians in the area.
“The magnitude of the collision led to the immediate confirmation of one fatality at the scene, while four other trapped persons were extricated from the wreckage through coordinated emergency rescue efforts,” the agency stated.
The authority said it immediately activated its Rescue and Recovery Protocol, deploying specialised operatives to manage the situation.
“Personnel implemented strategic traffic diversion, vehicular evacuation procedures and crowd management in synergy with other emergency responders to forestall secondary incidents and guarantee unobstructed access for rescue operations,” LASTMA added.
It stated that emergency teams carried out rescue operations and provided medical attention to the injured victims.
According to the agency, a heavy-duty tow truck was later deployed to evacuate the damaged tanker and clear debris from the road to restore normal traffic flow.
The agency disclosed that the tanker driver fled the scene shortly after the crash and security operatives have since launched efforts to apprehend the driver and initiate legal proceedings.
“Security personnel from the Nigeria Police Force, Ekoro Division, responded expeditiously, maintaining public order, securing the accident perimeter and assisting in investigative processes aimed at establishing the precise sequence of events that culminated in the mechanical failure and subsequent collision.
“The incident precipitated considerable traffic congestion extending across adjoining routes toward Abule-Egba, necessitating robust traffic management interventions by LASTMA officials who remained on ground directing vehicular movement and implementing diversion strategies to alleviate the backlog,” it said.
According to the agency, its General Manager, Olalekan Bakare-Oki, expressed condolences to the family of the deceased and urged transport operators, particularly drivers of articulated vehicles, to prioritise routine vehicle maintenance.
“Preventable mechanical deficiencies remain a significant contributory factor in severe road traffic crashes,” Bakare-Oki said.
He also advised motorists to exercise vigilance, obey traffic regulations and maintain responsible driving practices, especially within densely populated commercial corridors.
Bakare-Oki assured the public that security agencies would conduct a thorough investigation to determine the immediate and remote causes of the incident and ensure that anyone found culpable would be prosecuted in accordance with extant laws.
The agency said other emergency responders at the scene included the Lagos State Emergency Management Agency, the Lagos State Fire and Rescue Service, the Lagos State Ambulance Service, the State Environmental Health Monitoring Unit and officers of the Nigeria Police Force, collaborated to coordinate rescue, medical response and environmental safety measures.
News
Court Sets Feb 25 For El-Rufai’s Arraignment In DSS Cybercrime Case
The Department of State Services (DSS) will arraign former Governnor of Kaduna state, Nasir El-Rufai, on February 25 over alleged cybercrime and breach of national security.
Justice Joyce Abdulmalik of the Federal High Court has fixed the date for the arraignment of the former Governor on a three-count criminal charge filed by the Department of State Services (DSS) after the Chief Judge, Justice John Tsoho assigned the case to her.
NAN earlier reported that the DSS, on Monday, filed a three-count criminal charge against El-Rufai following his alleged involvement in wiretapping the telephone lines of the National Security Adviser (NSA), Mallam Nuhu Ribadu.
The charge, instituted by the Nigerian secret police, is marked FHC/ABJ/CR/99/2026.
The service accused El-Rufai of breaching the Cybercrimes Prohibition Act (2024) and the Nigerian Communications Act (2003.)
In court, El-Rufai was alleged to have, on Feb. 13, while appearing as a guest on Arise TV station’s Prime Time Programme in Abuja, admitted during the interview that he and his cohorts unlawfully intercepted the phone communications of the NSA, Mr Ribadu.
The offence is said to be contrary to and punishable under Section 12(1) of the Cybercrimes (Prohibition, Prevention, etc.) Amendment Act, 2024.
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