Browsing: Zainab Shamsuna Ahmed

It is widely agreed by economic experts that tax revenue, not resource revenue, is the most reliable source from which the country can fund her development aspirations as happens in the world’s most progressive societies. Currently, tax compliance in Nigeria is still meagre. Speaking earlier this month at ‘Public Presentation and Breakdown of the Highlights of the 2022 Appropriation Bill,’ Mohammed Nami, Chairman of the Federal Inland Revenue Service (FIRS), disclosed that Nigeria has 41 million taxpayers among its 200 million population.

In the broadcast, he declared: “How did we work to get out of this debt quagmire? We did it by resolving and working hard to break with the past; by identifying new voices and new leaders; and by rejecting business as usual and voting for new values of accountability, transparency, fair competition, social justice, and the upliftment of the living standards of Nigerians. We revamped our institutions and put in place an economic agenda that reduced the role of the state in the economy while strengthening the place and role private investors. We mounted a vigorous global campaign to make a good case for debt relief.”

Though the Accountant General of the Federation, Ahmed Idris, is being ferociously attacked by the leadership of ASUU over his insistence on the full implementation of the IPPIS across the board, the Office of the Accountant General of the Federation, where IPPIS is domiciled, is also responsible for all receipts into and payments from the Federation and Consolidated Accounts.