The Chairman, Joint Tax Board, JTB and Executive Chairman, Federal
Inland Revenue Service (FIRS), Tunde Fowler has said that states
have recorded a leap in their Internally Generated Revenue (IGR) from
N800 billion in 2016 to N1.16 trillion in 2018 some 46.11 per
cent under four years.
Also Nigeria’s tax database has increased from 10 million to 20
million, with a target of 45 million taxpayers nationwide by December
2016
Fowler spoke in Ilorin Thursday at the North regional launching of the
New Taxpayer Identification Number (TIN) Registration System and
consolidated national tax database programme.
Fowler listed the achievements of the JTB in his tenure to include the following:
The expansion of the tax base from 10 million to 20 million
taxpayers with the potential for an increase of up to 45 million
before the end of the third quarter of 2019; A growth in the IGR of
states by over 46.11% from N800.02 billion in 2016 to N1.16 trillion
in 2018; A growth of FIRS collections by 53.81% from N3.30 trillion in
2016 to N5.32 trillion in 2018; with the 2018 total collection of
N5.32 trillion being the highest collection ever in the history of the
FIRS, while Non-Oil Revenue, with a collection of N2.85 trillion
accounted for 53.63% of total revenue collection, among others.
