• Privacy Policy
  • Terms
  • About us
  • Contact Us
Tuesday, July 5, 2022
  • Login
TheMattersPress
  • Home
  • News
  • Features
  • Special News
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Features
  • Special News
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us
No Result
View All Result
TheMattersPress
No Result
View All Result
Home News

FIRS sees digital technology key to improving revenue generation

The Matters Press by The Matters Press
November 20, 2021
Reading Time: 2 mins read
0
FIRS generates N4.2tn in 10 months

RELATED POSTS

Dangote sugar begins production in Nasarawa soon

Guinness plans expansion, inaugurate water recovery plant

Dangote cement kicks off ‘bag of goodies 3’ promo

The Federal Inland Revenue Service (FIRS) says the deployment of digital technology is key to improving revenue generation, hence, the need to speed up digitalization of internal processes.

Mrs Angel Fadahunsi, Director, Department of Career and Skill Development, FIRS, stated this on Friday in Abuja during a capacity building workshop aimed at highlighting the importance of digital technology in improving tax collection.

The theme of the workshop which was organized by FIRS in collaboration with the Society of Women in Taxation (SWIT) is “Expanding the Frontiers of Revenue Generation Through Digitalization: the FIRS Experience.”

Speaking directly on the theme of the workshop, Fadahunsi said there was urgent need to speed up digitalization in revenue generation in the country.

She said, “There are key skills and technologies that we must master to make this happen: archival systems, robotic process automation, effective virtual communication, strategic planning, data management and more.

ALSO READ  Encomium pours on late musical icon, Olaiya

“We recently inaugurated a tax administration software called TaxProMax which has been 100 per cent developed by our staff, as such, staff must have exposure, skill and experience to do the project.

“This is why we at the FIRS career and skill department, have focused our energies on building these technological skills in our staff over the years and will indeed focus more on this in future.”

According to the career and skills director, the speed of change in financial technology is swift, and the majority of business transactions in both the public and private sectors, are moving online, creating new fields to learn.

Fadahunsi, who was represented by Mrs Bolanle Akinbo, Assistant Director, Career and Skill Development, FIRS, said that several agencies had information that could be used to improve tax collection efforts.

ALSO READ  Luxury items, drinks to attract more VAT

Akinbo said that people needed to be trained to acquire the critical skills that would improve revenue generation.

Also speaking, Dr Biola Adimula, National Chairman, SWIT, appreciated the FIRS for its consistent partnership.

She assured that advocacy activities at SWIT would go a long way to sensitize the Nigerian populace on better positive actions to issues of taxation.

Adimula explained that the event was put together to strengthen bonding within the SWIT leadership, build its capacity in preparation of an action plan, enhance and most importantly plan its activities on how to improve revenue generation.

She encouraged participants to attend all sessions to be equipped intellectually to raise the bar of SWIT.

In his address, Mr Adesina Adedayo, President, Chartered Institute of Taxation of Nigeria (CITIN), said the theme of the workshop was apt.

ALSO READ  SEC moves to provide market participants identifiers against fraud

He said this was due to the impact of technology in driving revenue generation as evident in developed countries where there is high tax compliance.

Adedayo, who was represented by Samuel Ageluyi, Deputy VIce President, CITIN, stressed that changes involving the use of technology were not always embraced except there was sustained public engagement and enlightenment.

“FIRS’s collaboration with SWIT in organising this programme attests to the fact that it realises that women have a great role to play in nation building.

“This capacity building training for SWIT national officers and state coordinators is well thought out given the established role of women over time as grassroot mobilizers and influencers.

“Therefore, the FIRS’ introduction of various ICT initiatives to drive revenue generation, notable among which is the TaxProMax to improve revenue generation, is commendable and should be supported, ” the CITN President said.

Tags: FIRS
ShareTweetPin
The Matters Press

The Matters Press

Related Posts

Buhari inaugurates $73m fund to boost Sugar production
Business

Dangote sugar begins production in Nasarawa soon

July 5, 2022
Guinness brewery in Aba hit by fire
Business

Guinness plans expansion, inaugurate water recovery plant

July 5, 2022
Dangote Cement commences Tranche II share buyback
Business

Dangote cement kicks off ‘bag of goodies 3’ promo

July 5, 2022
Buhari underscores the opportunities in a single African air transport
Business

Aviation minister stresses need for private investment to ensure efficiency

July 5, 2022
Nigeria has not taken decision yet on fuel subsidy
Economy

LCCI calls for fuel subsidy removal, increased refining

July 5, 2022
DMO opens offer for 4th N250bn Sukuk fund
Economy

DMO lists N250bn Sovereign Sukuk on NSE, FMDQ

July 5, 2022
Next Post
Aluminium manufacturers worry about high cost of roofing products

Aluminium manufacturers worry about high cost of roofing products

Fishermen face hard times but the public can help by buying from them direct

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recommended Stories

Nigeria gets AfDB’s $14m as member of ATI

AfDB approves Pharmaceutical Technology Foundation, to cut $14bn import of medicine

June 28, 2022
Buhari sees Jonathan as patriot, democrat

Buhari sees Jonathan as patriot, democrat

November 20, 2018
2020 Finance Bill prescribes tax incentives

FIRS calls for robust tax administration

December 14, 2021

Popular Stories

  • 79 candidates for presidential election

    INEC wants to make you rich, bid for new jobs

    0 shares
    Share 0 Tweet 0
  • Universities approved to operate distance learning centres

    0 shares
    Share 0 Tweet 0
  • Highest score in Common entrance, NECO unveils placement policy

    0 shares
    Share 0 Tweet 0
  • IMF’s reasons for Nigeria’s economic recovery

    0 shares
    Share 0 Tweet 0
  • Missing fighter jet found dead

    0 shares
    Share 0 Tweet 0
TheMattersPress

We bring you the best news update in Nigeria

LEARN MORE »

Recent Posts

  • Dangote sugar begins production in Nasarawa soon
  • Guinness plans expansion, inaugurate water recovery plant
  • Dangote cement kicks off ‘bag of goodies 3’ promo

Categories

  • Agriculture
  • Business
  • Economy
  • Entertainment, Religion
  • Features
  • Foreign
  • Health
  • Multimedia
  • Natural Resources
  • News
  • Opinion
  • Photo
  • Politics
  • Security
  • Special News
  • Sports
  • Technology
  • Thematterspress
  • Uncategorized
  • Video

© 2022 Domo Tech World - Powered by Thematterspress.

No Result
View All Result
  • Home
  • News
  • Features
  • Special News
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us

© 2022 Domo Tech World - Powered by Thematterspress.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Call Us
Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?