FIRS contributes 59.7% funds to Federation Account – RMAFC

The Chairman of the Revenue Mobilisation, Allocation and Fiscal Commission (RMAFC) Chief Elias Mbam has commended the efforts of the Federal Inland Revenue Service (FIRS) towards revenue generation, stating that the agency contributed 59.7 percent, representing more than half of revenues to Federation Account in the last three months.

Mbam, who said this when he led the Commission’s management to FIRS Headquarters in Abuja said: “I want to observe with pleasure that in the last three months, the FIRS has been the major contributor to the federation account. The average contribution from the FIRS in the last three months is about 59.7 percent. In other words, more than half of the revenue shared to the three tiers of government comes from the FIRS. So, I thank you for that effort”, Mbam said.

In his comment, Executive Chairman of FIRS, Tunde Fowler said FIRS would continue do its best to generate revenue to fund the three tiers of government.

“We have always told ourselves that the job we do is for the love of the country. We will continue to deliver quality services in tax administration in Nigeria.

“We are deploying technologies to make it easy for taxpayers to pay their taxes conveniently, even from the comfort of their homes or offices, download tax receipts and do other transaction with FIRS without visiting the tax office.”

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