Business
FIRS Partners Experts To Improve Operations
The Acting Executive
Chairman of the Federal Inland Revenue Service (FIRS), Mr Kabir Mashi, said last Thursday that the organisation had engaged experts for technical assistance and operational efficiency.
Mashi made the announcement at the “FIRS Stakeholders’ Engagement Forum’’ in Lagos.
He said that the organisation had employed the service of Mckinsey and Company to implement Capacity Enhancement Programme (CEP) and helped to improve non-oil tax collection.
Mashi said the CEP had been useful in improving other indices of measurement.
He said that such other indices include Tax to Gross Domestic Ratio and Ratio of Oil to Non-Oil Tax collection.
The FIRS chief said that the organisation embarked on CEP as a specific intervention to uplift the organisation in its quest to become efficient.
He also said that it would assist FIRS to proactively support government’s aspirations, particularly in making Nigeria’s economy one of the largest in the world.
“With the intervention of CEP, we have some key initiatives as a platform for achieving our goal.
“These initiatives are in the areas of audits, arrears and debt enforcement as well as tax exemptions,” Mashi said.
He said that others included evasion of tax in terms of high net worth transactions and rentals; registration and improved communication to enhance compliance.
The FIRS chief said that the forum was organised to reassure tax payers that the organisation appreciated their efforts in contributing to national development by paying taxes.
Mashi urged Nigerians to continue to cooperate and support the organisation.
“We are constantly seeking to improve upon our performance and we ask that you buy into our initiatives as we roll them out.
“As we implement these initiatives, we shall interact with you more closely and hope you see yourselves as partners in national development,’’ he said.
Also speaking at the event, the Chairman of Dangote Group, Alhaji Aliko Dangote, urged the FIRS to employ the ‘naming and shaming approach’ in enforcing tax compliance among stakeholders.
Dangote said that faithful tax payers should be openly celebrated, while defaulters should also be openly warned if a roundtable discussion would not make them comply.
The Tide source reports that other stakeholders at the forum urged the Federal Government to find a way of harmonising tax collections in different states.
The stakeholders said that if the government harmonised tax collections, it would help to boost the level of tax compliance among Nigerians.
Business
Kenyan Runners Dominate Berlin Marathons
Kenya made it a clean sweep at the Berlin Marathon with Sabastian Sawe winning the men’s race and Rosemary Wanjiru triumphing in the women’s.
Sawe finished in two hours, two minutes and 16 seconds to make it three wins in his first three marathons.
The 30-year-old, who was victorious at this year’s London Marathon, set a sizzling pace as he left the field behind and ran much of the race surrounded only by his pacesetters.
Japan’s Akasaki Akira came second after a powerful latter half of the race, finishing almost four minutes behind Sawe, while Ethiopia’s Chimdessa Debele followed in third.
“I did my best and I am happy for this performance,” said Sawe.
“I am so happy for this year. I felt well but you cannot change the weather. Next year will be better.”
Sawe had Kelvin Kiptum’s 2023 world record of 2:00:35 in his sights when he reached halfway in 1:00:12, but faded towards the end.
In the women’s race, Wanjiru sped away from the lead pack after 25 kilometers before finishing in 2:21:05.
Ethiopia’s Dera Dida followed three seconds behind Wanjiru, with Azmera Gebru, also of Ethiopia, coming third in 2:21:29.
Wanjiru’s time was 12 minutes slower than compatriot Ruth Chepng’etich’s world record of 2:09:56, which she set in Chicago in 2024.
Business
NIS Ends Decentralised Passport Production After 62 Years
Business
FG To Roll Out Digital Public Infrastructure, Data Exchange, Next Year
-
Sports4 days ago
CAFCL : Rivers United Arrives DR Congo
-
Sports4 days ago
FIFA rankings: S’Eagles drop Position, remain sixth in Africa
-
Sports4 days ago
NPFL club name Iorfa new GM
-
Sports4 days ago
NNL abolishes playoffs for NPFL promotion
-
Sports4 days ago
NSF: Early preparations begin for 2026 National Sports Festival
-
Sports4 days ago
Kwara Hopeful To Host Confed Cup in Ilorin
-
Sports4 days ago
RSG Award Renovation Work At Yakubu Gowon Stadium
-
Politics4 days ago
Rivers Assembly Resumes Sitting After Six-Month Suspension