8 July 2011

Nigeria: Firs Rakes in N2.8 Trillion Tax Revenue

Benin City — EXECUTIVE Chairman of the Federal Inland Revenue Services, FIRS, and Chairman, Joint Tax Board, Mrs Ifueko Omoigui-Okauru, yesterday, said that tax collection in the country increased from N1.194 trillion in 2004 to N2.839 trillion in 2010 through the application of Information Communication Technology, ICT.

She said the figure was an increse of between 337 and 247 per cent in the period. She added that registered tax-payers in FIRS data base had increased to over 700,000 from less than 100,000, in 2004.

She spoke at the 2nd Edo State Technology Day 2011, with the theme "Repositioning Edo State Using Technology."

Other dignitaries who spoke at the event, included the chairman of the event, Governor Babatunde Fashola of Lagos State; Governor Adams Oshiomhole and representative of the National Communications Commission, NCC.

Gov. Oshiomhole, in his address, assured that the state government will sustain the event yearly.

According to him, "in the last two years, we had developed and implemented a number of ICT solutions across various spheres of governance, including personnel and pension administration, payroll management, revenue administration, fiscal governance as well as data management."

Copyright © 2011 Vanguard. All rights reserved. Distributed by AllAfrica Global Media (allAfrica.com). To contact the copyright holder directly for corrections — or for permission to republish or make other authorized use of this material, click here.

AllAfrica publishes around 2,000 reports a day from more than 130 news organizations and over 200 other institutions and individuals, representing a diversity of positions on every topic. We publish news and views ranging from vigorous opponents of governments to government publications and spokespersons. Publishers named above each report are responsible for their own content, which AllAfrica does not have the legal right to edit or correct.

Articles and commentaries that identify allAfrica.com as the publisher are produced or commissioned by AllAfrica. To address comments or complaints, please Contact us.