FIRS To Adopt NIN Database

The Federal Inland Revenue Service (FIRS) is making arrangements to adopt the National Identification Number database to ramp up registration of taxpayers, data collection, and profiling in the country.

FIRS Chairman, Muhammad Nami, disclosed that the agency was working with the National Identity Management Commission (NIMC) to achieve

Also ensure all eligible taxable persons in the country are to declare and pay their taxes honestly and promptly.

He made the disclosure on Thursday in Kaduna at the 147th meeting of the Joint Tax Board (JTB) tagged Strategic Initiative for Sustainable Revenue Generation: Prospects, Challenges, and Next Steps.

Nami, also the chairman of JTB, aFIRS would adopt electronic taxation (e-Tax) to help minimise revenue leakages, limit tax evasion.

However, this is to improve the fiscal position of state governments amid the current economic challenges.

He also noted that a lot of people were making monies privately without remitting appropriate taxes,

While stressing that introducing new technologies into tax administration would help to curb the challenges faced in the country.

The FIRS boss said it was important for federal and state revenue generating agencies to adopt new technologies

In his opening remarks, Governor, Nasir El-Rufai, urged the federal and state revenue generation agencies to come up with a new reform of modifying the consumer tax whereby people would pay a fair share of what they consume.

With the dwindling crude oil prices in the international the country should no longer rely on revenue from oil.

The governor stated that the ability of the Federal and states governments to embark on aggressive revenue generation,

through sustainable income and consumer taxes, would be of great advantage to the country.

By Onome F.E

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