The Nigerian National Youth Council (NYCN) has called reports criticizing the Federal Inland Revenue Service’s (FIRS) proposed spending for 2022 as bogus and malicious.
NYCN National President Solomon Adodo, who said this during a press briefing in Abuja, while praising the good work done by FIRS boss, noted that since President Muhammad took office Nami, on December 18, 2019, initiated and implemented several strategic reforms aimed at making tax administration more efficient, including broadening the national tax net so that more revenue can be generated without increasing the percentage of tax paid. .
âThe determination of the Nami-led FIRS to target hitherto untouchable major tax offenders continued to gain traction. For example, many companies that did not pay taxes or did not pay the correct amount were forced to pay as part of management’s very deliberate agenda, âthe board said.
He expressed concern about a recent publication and the alleged âsinister intentions behind itâ.
Adodo noted that the NYCN would not fold its hands to watch individuals or companies drag FIRS and its well-meaning programs, aimed at saving the country’s economy, through the mud.
âNYCN cannot stand idly by and watch the national tax administration and the well-meaning FIRS programs dragged through the mud, especially when viewed in the context of the agency raising revenue for our Commonwealth, thus contributing to our national economy, development as well as the well-being of ordinary Nigerians in general, âhe said.
A report said the FIRS must spend 2.8 billion naira on uniforms. The report, which was not well received by FIRS as it was only a proposed budget, noted that the IRS had budgeted around N 550 million for refreshments.
Reacting to the report, the youth council said that “any discerning mind would see that said budget estimate is a spending proposal that would eventually pass through the eagle eyes of the National Assembly for careful consideration.”
The council wondered why such a document would suddenly become a public controversy, as the report shows.