January 23, (THEWILL) – Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, will on Thursday, January 25, 2024 declare open a two-day strategic management meeting of the Federal Inland Revenue Service, FIRS.
The retreat, scheduled to be held at Transcorp Hilton Hotel, Abuja, will focus on the theme ‘Reimagining Tax Administration for Equity and Economic Growth’
Upon assuming office, Chairman of the FIRS, Dr. Zacch Adedeji, championed a radical transformation in the values of the agency, aiming to make it more FIRS taxpayer-centric and a well-suited revenue-collecting agency.
The visionary approach led to a significant overhaul of the agency’s organizational and management structures, coupled with a re-engineering of the tax processes to support taxpayers to fulfill their civil obligations.
A statement by the Special Adviser on Media to the FIRS Chairman, Dare Adekanmbi said the Finance Minister will deliver a goodwill message and join Dr. Adedeji to unveil the new direction to Directors and other key members of the FIRS management team.
The objective of the retreat is to ensure that “all Directors are fully informed and aligned with the strategic direction of the Executive Chairman of FIRS, solidifying a foundation for unified action.
“We will also be engaging critical external stakeholders in government, professional bodies and the organized private sector about the renewed and refocused strategy of the FIRS.
“At the end of the retreat, participants are expected to have a comprehensive understanding of the new organizational structure and its implications for their roles.
“We will leave with a shared vision for a modernized tax administration that is both equitable and growth-oriented, inspiring confidence and excitement for the future,” the statement said.
Photo: Wale Edun, Nigeria’s Minister of Finance and Coordinating Minister of the Economy.
The FIRS has been the single factor boosting Nigeria’s non-oil revenue through efficient and enhanced tax administration and enforcement.
Sam Diala is a Bloomberg Certified Financial Journalist with over a decade of experience in reporting Business and Economy. He is Business Editor at THEWILL Newspaper, and believes that work, not wishes, creates wealth.
