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How FIRS Plans To Realise Its Revenue Target -Fowler

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The Federal Inland Revenue Service (FIRS) says it plans to realize its revenue target for the year through recoveries from defaulting millionaire taxpayers, values added (VAT) and compliance enforcement activities.

The Chairman of FIRS, Tunde Fowler, said in January that the agency’s revenue collection target for 2019 was about N8 trillion.

Mr Fowler told the House of Representatives joint committees on Finance, Appropriations, Aids, Loans and Debt Management Legislative Budget and Research and National Planning and Economic Development that he hopes about N750bn would be realized from about 55,000 defaulting taxpayers during the year.

Mr Fowler, who spoke on the 2019/2021 Medium Term Expenditure Framework (MTEF) and Fiscal Strategy Paper (FSP), said using banking information to bring non-compliant taxpayers with N1 billion and above turnover to comply about N23.25 billion has been recovered so far.

He also restated that 85% of VAT collected goes to State Governments. He said the exercise has been extended to cover those with turnover of N100 million and above.

“To date, about 500 of the tax defaulters have come forward and have paid about N24 billion. We believe we should be able to go through the 55,000 before the middle of this year.
“In terms of estimates we should be able to be able to generate from this exercise alone about N750 billion.”

Besides, Mr Fowler said the FIRS also expects that the increase in Value Added Tax (VAT) collection between 2015 and 2018 will continue during the year.

He said FIRS is already broadening its VAT collection scope with the adoption of States Accountants Generals (SAG) collection platform, VAT Auto-Collect, integration of the GIFMIS platform with Ministries, Departments and Agencies, (MDAs) and through e-Service payment options.

Out of about N5.3 trillion, a large percentage of the revenue is shared between states and local governments.’ In VAT, there has been a growth of over 44 per cent between 2015 and 2018 at the current rate of 5 percent.

“When you look at Africa as a continent, Nigeria still has the lowest VAT rate. When we look at the items that do not attract VAT, they include basic food items, medicals, and education.
Insisting VAT is not for the poor, Mr Fowler said if one is able to go to a restaurant to eat and drink the same thing one can buy in the open market, then one can pay VAT.

“So, VAT basically is a consumption tax, and those who choose not to go to the open market to buy their food and cook at home are subject to VAT. So, VAT is not a hardship on the low income earners.

“For those who have the ability and the desire to take the choice of going to areas where they have to pay VAT, then they should be allowed to pay VAT,” he added. He said revenue collection by FIRS increased by about 32 per cent from N4.02 trillion in 2017 to N5.3 trillion in 2018.
The FIRS Chairman told the committee that through enforcement activities in respect of defaulting taxpayers from various tax offices, tax audit and investigation assessments, the agency recovered about N28. 51 billion and $77. 83 million.

Also, the FIRS is partnering with the Economic and Financial Crimes Commission (EFCC) and Joint Tax Force (JTF) since 2018 to enhance the fight against tax related economic fraud. As at December 2018, he said about N6. 94 billion and $278,430 had been recovered by the JTF as part of initiatives to boost revenue generation.
To deepen tax revenue collection and expand the nation’s tax net as well as increase the revenue base, Mr Fowler said the FIRS also initiated income tax on property owners in Abuja and Lagos.

He said the initiative, which was initially targeted at property owners in Abuja and Lagos, has so far yielded N4.3 billion, and is being extended to other locations like Oyo and Kaduna states.
“It is important to note that this is not a property tax, but rather the use of the provisions of the law to bring into the tax net companies that own properties but failed to file necessary tax returns and pay appropriate taxes due,” Mr Fowler said.

On tax audit exercise of the Service, the FIRS boss said this will cover both the National Tax Audit (NTA) and the Pioneer Audit (PA). The NTA exercise contributed the sum of N212.79 billion to tax collection in 2018.

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2027 Presidency: No Candidate Can Win Without Northern Support – Hakeem Baba-Ahmed

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Dr. Hakeem Baba-Ahmed, former Special Adviser on Political Matters to President Bola Tinubu, has emphasized that no presidential candidate can emerge victorious in the 2027 elections without the backing of the North.

Speaking on the political direction of the region, Baba-Ahmed stated, “In the next six months, the North will decide its stance. If the rest of the country aligns with us, great. If not, we’ll move forward on our own terms. One thing is certain — no one becomes Nigeria’s president without Northern support.”

He expressed deep concern about the nation’s current condition and called on Northerners to reject divisive and manipulative politicians ahead of the next general elections.

“We need a government that understands our challenges and is ready to fix them. After Buhari’s eight years, we became wiser. Now we are in a new administration, yet we’re still complaining. Is that all we do—cry?” he asked.

Recalling the impact of the Boko Haram crisis, Baba-Ahmed noted that it affected every Northern group — Muslims, Christians, Fulani, Baju, and others — and called for unity across the region.

“Before Buhari, Boko Haram was bombing mosques, churches, Abuja, and Lagos. That period demanded unity among Northerners. Today, no politician can just walk in and expect automatic Northern support. Who are you?” he asked pointedly.

He warned against further marginalization of the North, stressing that continuous neglect would not go unnoticed. “If the plan is to rig the elections, they should think again. It won’t end well for Nigeria. The North is paying attention. Elders, the masses, and interest groups are reaching their breaking point. The injustice must stop.”

Baba-Ahmed also encouraged Northerners to abandon identity-based politics, urging voters to prioritize competence and integrity.

“We’re done voting based on religion or ethnicity. That chapter is closed. All we want is the right leader — even if he drops from heaven — someone who will fix our problems,” he declared.

He concluded by affirming that the North had learned hard lessons from past choices and would approach the 2027 elections with greater discernment and resolve.

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Fubara Urges Rivers People to Embrace Unity, Support Tinubu’s Renewed Hope Agenda

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As Christians around the world celebrate Easter, Rivers State Governor Siminalayi Fubara has called on residents to reflect on the season’s message of peace, unity, and renewal.

“Easter is a sacred time that calls us to reconciliation,” the governor said in his Easter message. “It is a season when the peace of Christ fills our hearts — healing wounds, restoring broken relationships, and offering hope to the weary.”

He emphasized the power of resurrection as a symbol of new beginnings, noting that through faith, shattered dreams can be restored, and adversity overcome.

“This season reminds us that no challenge — whether hardship, sorrow, or even death — can separate us from the love of God. In Christ, we are more than conquerors.”

Governor Fubara reaffirmed his commitment to providing quality governance for the people of Rivers State and urged them to continue supporting the national leadership.

“I urge the great people of Rivers to keep standing behind the Renewed Hope Agenda of our President, His Excellency, Senator Bola Ahmed Tinubu, GCFR,” he stated. “Together, let’s look forward to a brighter, more prosperous future.”

He concluded with a call for unity: “We must never lose sight of our collective strength. The transformation we seek is possible if we remain united in purpose, guided by faith, and committed to progress.”

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BREAKING: FUOYE Vice-Chancellor Suspended Amid Sexual Harassment Allegations

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The Governing Council of the Federal University Oye-Ekiti (FUOYE) has suspended Vice-Chancellor Prof. Abayomi Sunday Fasina following allegations of sexual harassment brought against him by a senior university official, Engr. Folasade Adebayo.

The suspension was confirmed in a statement issued on Monday by the university’s Registrar and Secretary to the Governing Council, Mufutau A. Ibrahim.

According to the statement, “At its 7th Emergency Meeting held virtually on Monday, April 14, 2025, the Governing Council reviewed a request from the Vice-Chancellor, Prof. Abayomi Sunday Fasina, to embark on his accumulated Annual and Research Leave. The Council approved a six-month leave—totaling 126 working days—effective from Monday, April 14, 2025, out of his total leave entitlement of 228 days.”

Furthermore, the Council appointed Prof. Olubunmi S. Shittu, the current Deputy Vice-Chancellor (Academics) and the most senior among the three deputy vice-chancellors, as Acting Vice-Chancellor for the six-month duration.

This move follows pressure from the Minister of Education, Dr. Tunji Alausa, who reportedly expressed strong dissatisfaction with how the Council initially addressed the complaint. Sources say the Minister was displeased that the Council allegedly dismissed the harassment claims and asked the complainant to apologise to Prof. Fasina.

“The Minister was furious that the complaint was being swept under the rug and that the victim was being compelled to apologise,” a source revealed. “He personally contacted the Chairman of the Governing Council, Senator Victor Ndoma-Egba (SAN), to express his displeasure.”

Following the minister’s intervention, Senator Ndoma-Egba convened an emergency online meeting of the Council on Monday afternoon. During the session, members agreed to suspend Prof. Fasina. However, the Vice-Chancellor reportedly requested to proceed on his accumulated leave instead of facing a direct suspension.

In the interim, Prof. Samuel Olubunmi Shittu, a Professor of Soil Science and the Deputy Vice-Chancellor (Academics), will serve as Acting Vice-Chancellor.

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