Categories: Business

Provide value for taxpayers money, FIRS urges African govts

Governments across Africa must begin to change governance process to boost public confidence by providing value for taxpayers’ money, Chairman of the Federal Inland Revenue Service, Muhammad Nami, has said.

This, he said, would improve revenue collection on the continent, according to a statement released on Thursday by Nami’s Special Assistant on Media and Communication, Johannes Wojuola.

The FIRS chairman made the call at the opening ceremony of the African Tax Administration Forum (ATAF) 7th general assembly, held in Lagos on Tuesday.

The event was themed, ‘Rethinking Revenue Strategies: The Human Face of Taxation’.

Nami said it was imperative for African tax administrators to mobilise and speak with one voice as a regional bloc on global tax issues for their collective interests.

Nami said, “The fiscal social contract, which hinges on the willingness of the citizens to pay tax in return for the provision of public service, is a clarion call on the government at all levels in Africa to rethink governance.

“In my view, if we must transform the tax system and enhance revenue collection in Africa, there is a need for the governance at all levels to engender public confidence and trust in government by providing value for taxpayers’ money.”

He also stated that governments should reconsider how projects are reported in the public space, with such reports communicating to convey the idea that taxpayers’ money’s is used to fund infrastructural projects.

Lagos State Governor Babajide Sanwo-Olu who was represented by Chairman of the Lagos State Internal Revenue Service (LIRS), Mr Hamzat Ayodele Subair, also said that there was a need to give taxation a human face, by implementing projects with taxpayers’ moneys that impact the lives of the citizens.

Trends Admin

Recent Posts

NNPC Remits N1.804 Trillion to Federation Account in February

NNPC Remits N1.804 Trillion to Federation Account in February The Nigerian National Petroleum Company Limited…

11 hours ago

JUST IN: FG Publishes List of 48 Individuals, Groups Linked to Terrorism Financing in Nigeria

JUST IN: FG Publishes List of 48 Individuals, Groups Linked to Terrorism Financing in Nigeria…

11 hours ago

2027: Oyo APC Governorship Aspirant Saheed Oladele Resigns From Party

2027: Oyo APC Governorship Aspirant Saheed Oladele Resigns From Party A governorship aspirant under the…

12 hours ago

42-Year-Old Married Woman Declared Missing Found in Hotel with Man

42-Year-Old Married Woman Declared Missing Found in Hotel with Man A 42-year-old woman declared missing…

12 hours ago

ADC Threatens Civil Disobedience To Force INEC Chairman To Resign

ADC Threatens Civil Disobedience To Force INEC Chairman To Resign The African Democratic Congress (ADC)…

13 hours ago

World Bank Deletes Nigeria Development Update Report Days After Release

World Bank Deletes Nigeria Development Update Report Days After Release The World Bank has removed…

13 hours ago