The Executive Chairman of the Federal Inland Revenue Service, Zacch Adedeji, has said that the country’s Armed Forces are important to its revenue-collection mandate.
Adedeji said this on Tuesday when he received the Chief of Defence Staff, General Christopher Musa, at the Revenue House in Abuja, with his team of Generals.
A statement from the Special Adviser on Media to the FIRS chairman, Dare Adekanmbi, quoted Adedeji as saying that without the armed forces providing a safe and secure environment for businesses to flourish, the FIRS would not be able to collect any revenue.
He said, “A lot of people will ask: What is the relationship between the Armed Forces and the FIRS? What you will hear President Bola Tinubu say at all times is that we will not tax the seeds, but the fruits from them. This means when we plant the seeds, we water it to grow.
“The Armed Forces personnel are the people who help us to guide the vineyard where the seeds are planted, especially in the oil and gas industry. They make it possible for us to go into the vineyards to pluck the fruits. Without you, we will not have the right fruits. If there is no security, there is no way prosperity can happen.
“We are interested in prosperity because that is what we want to tax. So, there is a symbiotic relationship between the Armed Forces and FIRS. We don’t take this relationship for granted. When companies don’t run as a result of insecurity, they will not make profits and when they don’t make profit, there will be nothing to tax.”
According to the FIRS boss, that is why the welfare of members of the Armed Forces and security operatives in general is number one on the agenda of President Bola Tinubu.
“It is when we have security that prosperity can come and it is when there is prosperity that we will have the revenue to give to the federation,” Adedeji said.
In his comments, the CDS pledged to support the FIRS in its operations, saying, “The more FIRS succeeds, the more Nigeria benefits from the institution. So, FIRS is very crucial to the government and to us as members of the Armed Forces as well as to the country.
“We are also here to show our commitment to ensuring that we give you all support whenever it is needed so you can do your job without any harassment or intimidation from any quarters.
“FIRS is able to raise funds for the federation.
“We know the importance of taxation and how it brings development. We are beginning to have awareness from members of the public who now realise that the taxes they pay are important for the development of the country,”
Recently, the FIRS announced that it surpassed its 2023 revenue target by N816bn, a 107 per cent performance over the set goal and has set a target to collect N19.4 turn in tax this year.
The target represented an increase of 56.9 per cent from the previous year’s revenue and 67.91 per cent from the previous year’s target.
FIRS had a target of N11.56tn and realised N12.37tn, thus surpassing the target.