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.
darknet market links tor darknet
suhagra 100mg cheap
dark web market darknet drug links
bitcoin dark web tor markets links
amoxicillin usa
darknet market lists tor markets 2023
blackweb official website dark web links
deep web drug store tor market url
blackweb dark web drug marketplace
bactrim canadian pharmacy
tor markets links deep web search
darkmarkets dark market list
dark web search engines dark web site
tor marketplace deep web search
dark market onion darkmarkets
deep web drug markets darknet search engine
darknet markets dark net
darknet market list the dark internet
drug markets dark web dark web market
dark market 2023 dark web market list
deep web drug url bitcoin dark web
darknet websites dark market
tor markets darkmarket list
darknet market lists deep web search
tor market darknet drugs
prednisone 5mg tablets
dark web market best darknet markets
black internet dark market list
dark market url dark web websites
dark web websites darknet market lists
darknet market list deep web search
deep web drug url tor market url
tor markets 2023 darknet seiten
deep web sites dark market link
darknet search engine dark web market
darknet websites dark market onion
dark net dark web market links
buy doxycycline canada
dark market onion darkweb marketplace
black internet drug markets dark web
tor dark web drug markets dark web
generic strattera usa
deep web links darknet websites
dark web access dark web market
how to access dark web darknet markets
dark market link darkmarket link
synthroid 1.37
dark market link tor markets
dark markets how to access dark web
dark markets 2023 tor market url
dark markets dark web search engines
dark market link darknet drug store
tor market deep web drug markets
dark web market links dark market link
blackweb official website dark market 2023
tor darknet deep web drug markets
dark markets blackweb official website
blackweb deep web drug url
darknet drug store free dark web
darknet site darkmarket list
dark market url darknet sites
tor market links darkmarkets
dark market list darknet marketplace
dark markets 2023 tor markets links
darknet market lists dark web drug marketplace
darknet market lists dark web site
deep web drug links dark web market links
darknet seiten dark market url
synthroid 1mg
dark websites drug markets dark web
dark internet darknet drugs
darknet search engine dark web markets
darknet market links darknet market lists
darknet drug store deep web search
darknet drug market dark web market links
darknet drug links darknet market links
darkmarket list deep web drug url
dark web links onion market
darknet websites dark net
darknet drug store darknet drugs
synthroid 137.5 mcg
darknet site darknet market links
tor markets 2023 dark websites
darkmarket 2023 darknet drug links
dark markets 2023 tor darknet
dark market onion darknet drug market
dark market list best darknet markets
diflucan buy canada
deep web links dark markets
darknet sites darkweb marketplace
dark web market links dark market link
darknet search engine dark internet
tor market dark market list
phenergan buy
dark market 2023 darkweb marketplace
darknet drug store darkmarket link
the dark internet darknet market
tizanidine 2mg cost
darkweb marketplace darknet drug links
dark markets tor darknet
dark web sites dark web websites
tor dark web drug markets dark web
darknet search engine darknet market list
darknet search engine darknet marketplace
synthroid 175 mcg
dark markets 2023 darknet drug store
tor markets dark market 2023
darknet market tor markets links
darknet drug store darknet markets 2023
darkmarket url bitcoin dark web
synthroid 137.5 mcg
buy cephalexin online without prescription
darkmarket list dark web links
deep web drug url darknet markets
deep web search onion market
tor market links blackweb official website
dark market link black internet
plavix cost in india
blackweb official website darknet market lists
clopidogrel canada
tor market links dark web links
dark markets dark websites
darknet market dark web websites
dark websites deep web drug markets
buy cephalexin from mexico
tor marketplace bitcoin dark web
dark market link dark web search engines
dark web sites dark markets 2023
darkmarket 2023 darknet markets
darkmarkets darknet market list
black internet darknet drug links
dark market onion darkmarket link
diclofenac 750
onion market deep dark web
darknet markets 2023 dark web search engine
dark web market list how to access dark web
cost of keflex
accutane 10mg daily
deep web drug store best darknet markets
dark web market list dark web sites links
darknet drug store darknet market
onion market darkmarket 2023
bitcoin dark web deep web markets
darknet markets dark web site
phenergan medicine over the counter
darknet drug links black internet
dark web access dark web links
tor dark web deep web markets
dark web sites links onion market
dark web search engines dark web market links
prednisone over the counter in mexico
dark markets 2023 dark web drug marketplace
dark web market list tor markets 2023
dark market list deep web markets
lisinopril 5 mg medicine
darknet drug market best darknet markets
clopidogrel 300 mg tablet
strattera 25mg cap
dark market url the dark internet
dark web sites darknet drugs
darknet markets darknet search engine
darknet links darknet seiten
dark web drug marketplace darkmarket url
darknet drugs dark web access
darknet search engine darkmarket url
dark web search engines tor markets 2023
tor markets 2023 drug markets dark web
can i buy bactrim online
zithromax 250 mg price
dark web sites darknet markets 2023
darknet seiten dark markets
drug markets onion dark market 2023
dark markets 2023 tor markets
best darknet markets darkmarket list
deep web drug store blackweb
deep web drug links darknet seiten
drug markets onion darknet seiten
synthroid 125 pill
onion market darknet sites
dark market 2023 deep web links
how to access dark web tor dark web
dark markets 2023 tor marketplace
tor market url darknet search engine
tor dark web tor markets
how to get on dark web dark website
dark web links dark web access
darknet drug market dark market list
dark websites drug markets onion
darkmarket link dark web link
darknet site bitcoin dark web
onion market deep web drug links
prednisone 20 tablet
darkmarket 2023 tor darknet
darknet market darkmarket list
tor market darknet markets 2023
tor market links deep web drug url
the dark internet dark market url
dark market darknet drug links
inderal 10 mg cost
dark web market tor darknet
tor market url tor market links
darknet drug store dark web sites links
darkmarket deep web drug store
dark web market list drug markets dark web
darkmarket url dark web market list
dark net dark internet
blackweb official website dark markets 2023
free dark web dark website
dark market 2023 the dark internet
deep web links free dark web
dark web websites darknet market links
bactrim ds 800 160 tab
tor marketplace darknet drugs
dark internet deep web sites
darkmarket link dark market url
darknet drug store deep dark web
diclofenac 3 gel coupon
dark market link dark web sites links
darknet market lists darknet seiten
blackweb official website darknet market list
dark web sites dark markets 2023
darknet marketplace black internet
deep web drug links darkweb marketplace
deep web sites tor darknet
darknet sites darknet links
darkmarket link darknet seiten
deep web drug url dark market list
bitcoin dark web darknet seiten
tor marketplace darkweb marketplace
darknet seiten darknet site
phenergan pill
retino 0.025
tor markets 2023 dark web search engine
dark web sites tor markets
pills for erection ed drug prices new ed drugs
darknet market links dark web websites
darknet market darknet market list
drug markets dark web darknet markets 2023
darknet markets dark markets
darkmarket link deep web drug links
dark web site darkmarket list
silagra 100 mg uk
dark web markets dark internet
darkmarket url dark web link
deep web markets dark markets 2023
black internet dark markets 2023
how much is fluoxetine
sildalis 100mg 20mg
dark web markets darknet sites
tor market black internet
tor marketplace dark markets 2023
dark websites tor markets links
deep dark web tor market url
dark internet dark web market
dark web search engines bitcoin dark web
dark web sites links darknet markets
darknet drug market blackweb official website
generic cost of synthroid
tor darknet darknet search engine
drug markets dark web darknet drug market
dark markets 2023 best darknet markets
dark web market list tor marketplace
blackweb darknet sites
darkmarkets tor markets
deep web markets deep web links
deep web sites darknet drugs
tor darknet deep dark web
blackweb official website darknet market list
celebrex 200 mg price
deep web drug store onion market
price of celebrex in canada
dark markets dark websites
metformin without presription
deep web drug links dark web links
dark market darknet market
best darknet markets the dark internet
dark web links deep web links
best generic prozac 2018
valtrex brand
dark web links darkmarket
dark markets darknet links
drug markets dark web deep web sites
darknet search engine dark web market links
deep dark web darkmarket link
the dark internet tor markets 2023
deep web drug markets blackweb
deep web links darkmarket
fluoxetine 80 mg daily
darknet market dark web search engine
tor darknet dark web market links
dark web site the dark internet
dark web search engines onion market
darknet drug store deep web sites
deep web markets darknet drug market
darkmarket link dark web drug marketplace
dark website dark web links
valtrex generic pill
deep web drug store darkmarket list
dark market 2023 deep web markets
deep web drug url deep web markets
prednisolone gel
dark market 2023 drug markets dark web
drug markets onion tor marketplace
tor darknet deep web links
darknet site dark web drug marketplace
tor marketplace dark market link
tor market dark markets
deep web drug url darknet market lists
acyclovir 400 mg cost
dark web websites darkmarket url
deep web drug url darkmarket list
dark web links darkmarket list
dark websites darknet market list
tor marketplace deep web drug store
onion market black internet
deep web markets darknet drug links
dark web market links dark web search engine
darknet links blackweb
darknet websites darkmarket 2023
darknet market links dark web market list
drug markets dark web darknet links
tor market links deep web drug markets
deep web drug store dark market list
darknet marketplace dark web sites
cymbalta 150 mg
deep dark web dark web sites
deep dark web dark internet
glucophage 1000 mg
deep dark web darknet market lists
deep web drug url dark market onion
dark market link darkmarket link
darknet websites drug markets dark web
generic provigil online
tor markets tor darknet
dark market onion dark market 2023
dark web links tor markets 2023
no prescription needed canadian pharmacy
order metformin 1000 mg
darkweb marketplace dark market link
phenergan 25mg for sale
best generic provigil
deep web drug store darknet markets
dark web market dark internet
drug markets onion tor dark web
dark internet darknet websites
dark market url darknet drug links
darknet drug links tor market
motrin 800 pill
drug markets onion dark internet
darknet websites blackweb official website
zovirax ointment 5
dark web sites links darkweb marketplace
darknet drugs deep web drug store
the dark internet blackweb official website
darknet links tor market url
darknet drug links the dark internet
darknet drugs darknet drug store
onion market dark market
darknet markets deep web drug url
deep web search the dark internet
deep dark web drug markets onion
darkmarkets dark web link
darkmarket 2023 dark web link
gabapentin capsules
dark web sites tor markets links
dark web market darknet market list
acyclovir cream over the counter usa
how to get on dark web dark market link
https://lipitor.pro/# generic lipitor for sale
azithromycin generic pharmacy
darknet drug market blackweb official website
darknet drug market darknet drug market
deep dark web darknet search engine
darknet site deep web links
blackweb blackweb
darkmarket url darknet markets 2023
how to get on dark web dark web access
can you buy valtrex over the counter in usa
phenergan 10mg tablet
dark web access darkmarkets
deep web markets darkmarket
darkmarket url deep web search
how to get flomax
dark internet darknet drug store
dark markets dark internet
darknet market list dark market url
dark market list darknet drug store
dark web websites drug markets onion
dark net dark websites
darknet market list deep web drug links
darknet search engine darknet site
darknet market lists darknet market
cheap sildalis
darkweb marketplace dark internet
dark market darknet sites
deep web drug url dark web sites links
darknet market list dark web drug marketplace
tor marketplace tor markets 2023
darknet drug market dark web site
dark web access tor markets
the dark internet darknet seiten
deep web sites dark web sites
tor markets 2023 deep web drug url
amoxicillin 500mg capsule cost
darknet drugs darknet websites
darknet seiten tor markets links
tor darknet dark net
how to access dark web free dark web
dark market 2023 darkmarket url
dark internet darknet marketplace
dark net dark market link
cost of flomax medication
blackweb dark web search engine
dark web site tor markets links
darknet search engine darknet marketplace
phenergan nz buy
darknet market links black internet
tor market darkmarket
dexona medicine price
deep web sites dark web links
dark websites darknet search engine
sildalis without prescription
darknet drug links deep web drug url
darkmarket 2023 darkmarket url
phenergan 10mg tablet india
dark market darkweb marketplace
how to get on dark web drug markets onion
where to buy ventolin nz
black internet darknet drug links
dark markets deep web drug links
dark web market links darknet market lists
cymbalta brand 30 mg
dark market 2023 dark market url
deep web markets darknet markets 2023
tor market links dark internet
darknet marketplace dark market url
darknet websites dark market url
tor markets links darkweb marketplace
darknet markets 2023 drug markets dark web
dark net blackweb official website
blackweb official website dark web market links
dark markets dark net
dark markets tor market
darkmarket url tor marketplace
zovirax cream cost without insurance
darkmarket dark market url
accutane price without insurance
darkmarket list dark web market list
dark markets dark web market links
darknet market onion market
darkmarket url deep dark web
tor markets tor markets
propecia 1 mg for sale
vermox price canada
deep web markets tor marketplace
darknet site darknet links
darknet markets 2023 deep web drug store
dark web sites links how to access dark web
albenza online pharmacy
darknet drug links how to access dark web
darknet seiten dark web market links
darknet websites deep web links
tor marketplace how to access dark web
acyclovir medication cream
paroxetine pills
darkmarket 2023 dark web site
dark markets 2023 tor market url
darkmarket link darknet drugs
darknet market list dark web search engines
darknet marketplace dark markets
deep web drug links bitcoin dark web
motrin 12.5
dark web sites links dark market list
azithromycin online
cheap provigil online
tor market darkmarket
darknet site dark web market list
darknet marketplace dark internet
vermox prescription drug
metformin 500 mg coupon
dark market onion deep web markets
tor market url darknet marketplace
tor marketplace dark web links
dark web site bitcoin dark web
dark website dark net
baclofen cost uk
dark websites tor markets links
darkmarket 2023 darkweb marketplace
darknet links dark web markets
silagra 100
cymbalta lowest price
deep web links dark web search engine
deep web drug url dark market onion
medication zovirax cream
tor market darkmarket url
tor market darknet site
blackweb official website dark net
dark web market links blackweb
dark web market links darkmarket list
dark market onion tor market
drug markets dark web darknet marketplace
modafinil india online
darkmarkets dark web drug marketplace
how to get on dark web deep dark web
deep web markets drug markets dark web
darknet market links darknet search engine
deep web drug links dark web site
canadian pharmacy celebrex
bitcoin dark web dark web markets
dark markets darknet marketplace
tor markets links dark market onion
deep dark web tor markets
dark web websites deep web drug markets
dark web site dark web drug marketplace
darknet market dark web links
synthroid 75 mg cost
dark website dark internet
dark markets darknet markets
silagra 100 mg india
vermox south africa
dark market dark web websites
dark market onion dark web links
dark web markets deep web sites
silagra online india
dark web links tor market
generic paxil cost
augmentin 625mg 1mg
dark web links dark market link
darknet drug market darkmarket list
darkweb marketplace darknet market lists
darknet marketplace darkmarket url
dark market 2023 deep web drug url
darknet site dark market 2023
dark web sites dark web websites
darknet drug links dark web site
drug markets dark web blackweb
dark net deep web links
dark web market darkmarket link
deep web drug links deep web drug markets
silagra 100 for sale
darknet market lists tor markets links
deep dark web black internet
buy provigil online australia
dark web drug marketplace bitcoin dark web
dark market 2023 darkmarket
darknet marketplace deep dark web
darknet links tor market url
valtrex order uk
darknet seiten dark web market list
dark websites dark web market list
best darknet markets darkmarket list
tor marketplace dark market url
how to access dark web darknet markets
how to get paroxetine
drug markets onion dark market onion
albuterol nebulizer
darkweb marketplace dark web access
terramycin for dogs eyes
valtrex order online
darkweb marketplace deep web sites
tor marketplace dark web sites links
tor dark web darkmarket link
darkmarkets onion market
darknet links darknet market links
darkmarket darknet links
dark web search engines darknet market
dark web link darkmarket
dark net dark web sites links
black internet dark web websites
dark web market list how to access dark web
deep web links deep dark web