Executive Chairman, Federal Inland Revenue Service,FIRS, Muhammed Nami
The Federal Inland Revenue Service, FIRS, is seeking the cooperation of the Lagos Inland Revenue Service, LIRS, to realise its N8.5 trillion revenue target to fund the 2020 budget.
Executive Chairman, Federal Inland Revenue Service,FIRS, Muhammed Nami, said in a statement that ” the cooperation of the Lagos Inland Revenue Service are to release its N8,5 trillion revenue target to fund the 2020 budget” during his courtesy visit to Governor of Lagos State, Babajide Sanwo-Olu at Ikeja, which he described as “unusual” the target by President Muhammadu Buhari.
The executive chairman also stated: “Some of the multinational companies in Nigeria, some of them as far back as 2011 was the last time they declared their profit and debt taxes in Nigeria”. We are of the view that with you being their host and our internal revenue on the ground we should be able to map out a strategy on how to tackle these issues.