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FIRS Collects n7.5 Trillion Taxes – Chairman

Chairman, Federal Inland Revenue Service, FIRS, Muhammad Nami says it has collected 7.5 trillion naira taxes in 2022 and also surpassed the Tertiary Education Tax, EDT fund target for the year with 4 billion naira.

Nami stated this during its 2022 Tertiary Education Fund, TETFUND/FIRS joint interactive forum in Kano.

The FIRS boss who was represented by the Kano State Coordinator, Hassan Sule said the Tertiary Education Tax, EDT target for 2022 was 305 billion naira but as at September 2022, it has collected 309 billion naira.

The FIRS boss also reaffirmed the position of the service noting that it is not relenting it effort towards achieving the N500 billion Education Tax fund annually target by the TETFUND.

Earlier, in his welcome address, TETFUND Executive Secretary, Sonny Echono said the fund placed a very high premium on attaining and surpassing the target of 500 billion naira earlier set.

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