The Federal Inland Revenue Service (FIRS) says it generated N10.1 trillion as revenue for year 2022.
FIRS chairman Muhammad Nami made the disclosure on Monday in an exclusive interview with select journalists in his Abuja office.
The target for the year was N10.4 trillion. That was a little below the revenue target for the agency by the federal government.
Nami said the revenue agency would have surpassed the 2022 target if the tax waivers extended to some companies were collected and added into the federation account.
The FIRS chairman appealed to the three tiers of government (federal, state and local governments) to apply the revenues being generated to critical sectors to impact on the generality of the people.
“We appeal to the three tiers of government to continue to apply the little revenues we generate judiciously to encourage taxpayers to pay more,” he stated.
Nami also called for tax harmonisation in Nigeria for more revenue generation and to curb tax invasion.
“If you operate multiple tax system, you will make it possible for taxpayers to dodge paying taxes.
“With a single tax authority, you are able to harmonise operations, tax issues and make it easy for taxpayers to pay taxes,” Nami stated.
