Chairman of Federal Inland Revenue Service (FIRS), Zacch Adedeji, yesterday inaugurated “Engaged Consultants for the Revenue Recovery Exercise”, to drive the recovery of unremitted revenues across the economy.
The exercise also seeks to boost accruals into the federation account. Adedeji inaugurated the body in Abuja alongside Chairman, Revenue Mobilisation, Allocation and Fiscal Commission (RMAFC), Mohammed Shehu.
Adedeji reaffirmed FIRS’ commitment to effective collaboration with RMAFC in realising the objectives of the recovery programme. Represented by FIRS Coordinating Director, Shettima Tamadi, Adedeji said, “Nigeria has a huge revenue gap, but with stronger collaboration between agencies and partners, we can bridge that gap and achieve sustainable fiscal growth.”
In his remarks, Shehu also reaffirmed the commission’s determination to strengthen fiscal governance and ensure that all revenues due to the federation were fully accounted for and remitted into federation coffers.
He said, “This exercise is not a routine administrative action but a deliberate, result-oriented innovation designed to strengthen fiscal governance and ensure every recoverable naira due to the Federation is transparently remitted.”
He explained that the engagement of consultants was a strategic initiative aimed at plugging revenue leakages, enhancing transparency, and boosting the fiscal capacity of the three tiers of government, in alignment with the Renewed Hope Agenda of President Bola Tinubu.
