• Privacy Policy
  • Terms
  • About us
  • Contact Us
  • Staff Email
Wednesday, March 4, 2026
  • Login
TheMattersPress
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us
No Result
View All Result
TheMattersPress
No Result
View All Result
Home News

FCT-IRS generates N118bn in 2021

FCT

The Matters Press by The Matters Press
January 24, 2022
Reading Time: 2 mins read
0
FCT-IRS generates N118bn in 2021

Naira

The Chartered Institute of Taxation of Nigeria (CITN) has commended the Federal Capital Territory Internal Revenue Service (FCT-IRS) for generating N118 billion revenue in 2021.

RELATED POSTS

Progressivism: The Place of Ideology in Tinubu’s Management of Nigeria’s Economy

How Tinubu deployed tools of economic progressivism to lift Nigeria out of years of decadent values, profligacy – IMPI

TMSG hails Tinubu’s swift assent to the 2026 Electoral Act

The Head, Corporate Communications FCT-IRS, Malam Mustapha Sumaila made this known in a statement in Abuja on Sunday.

The President of the Institute, Mr Adesina Adedayo commended FCT-IRS when he paid a courtesy visit on the Acting Executive Chairman of Service, Mr Haruna Abdullahi.

Adedayo, who led a team of tax experts consisting of two former presidents of the institute, executives and members, said the visit was to formally inform and seek for support of the Service on the forthcoming 40th Anniversary of the institute.

He said that the visit would enable the institute notify the acting chairman about the 24th Annual Tax Conference scheduled to take place in Abuja and Lagos on Feb. 1 and 5, 2022 respectively.

Adedayo expressed joy on the achievements recorded by the FCT-IRS, saying that it was commendable that the service surpassed its target of N109 billion as at the end of November 2021.

According to him, it is a laudable feat to attain in spite of the COVID-19 and economic challenges posed on business and revenue generation in the country.

The institute’s president whose visit coincided with the last day of a four-day Tax Drive activities organised by FCT-IRS to create awareness, applauded the strategic approach deployed by the Service.

He lauded the sensitisation campaign with a road show as an enlightenment strategy which was meant to awaken and increase the tax-paying culture by both individuals and organisations.

Adedayo also stated that the institute would be looking forward to more collaboration with FCT-IRS in fostering a better working relationship.

He said he would put in place a joint technical committee for the purpose of advancing the revenue performance of the FCT-IRS through peer review and strategy session as well as consultative briefings.

In his remark, Dr Kayode Naiyeju, a former President of the Institute and also the former Executive Chairman of Federal Inland Revenue Service, commended the leadership of the FCT-IRS for providing a conducive environment for the tax payers.

He said that such an environment would excite those coming around to pay their taxes.

“I was excited when I came in to the premises because of how beautiful and well organised it is. Every taxpayer that walks into this building will be happy to have business with FCT-IRS,” Naiyeju said.

Responding, Abdullahi reiterated the service’s commitment in partnering with CITN and other relevant organisations to empower the personnel for effective service delivery.

He added that he would always welcome any form of partnership that would help to build the capacity of his staff with a view to attaining improved performance in the Service.

“FCT-IRS gives much priority to training and I am always willing and welcome any organisation, institute or individual that will collaborate in building the skills and capacities of his personnel,” he said.

On the Institute’s 40th Anniversary and Tax Conference, Abdullahi pledged to give necessary support and also mobilise the staff of the Service to participate in the historical events.

He expressed happiness over the visit of the CITN delegation led by its president.

He noted that FCT-IRS had been in partnership with the institute and would continue to work to sustain such collaboration for the betterment of FCT and the country in general.

The acting executive chairman described Naiyeju as a mentor, teacher and expert as far as the field of taxation was concerned, pointing out that being part of the delegation was a big motivation for him and indeed the Service.

Tags: FCT
ShareTweetPin
The Matters Press

The Matters Press

Related Posts

CAC, Pakistani investors on economic diversification
Economy/Technology

Progressivism: The Place of Ideology in Tinubu’s Management of Nigeria’s Economy

March 1, 2026
Tinubu floats social welfare scheme consumer credit, expanded student loan fund
Economy/Technology

How Tinubu deployed tools of economic progressivism to lift Nigeria out of years of decadent values, profligacy – IMPI

March 1, 2026
EU punctures Atiku’s server story
Economy/Technology

TMSG hails Tinubu’s swift assent to the 2026 Electoral Act

February 20, 2026
Tinubu signs amended electoral Act
Economy/Technology

Tinubu signs amended electoral Act

February 18, 2026
Salvaging basic education from ruins of Boko Haram war in Borno
Economy/Technology

TDF hails Tinubu for speedy implementation of FG-ASUU agreement

February 13, 2026
Obi, PDP candidate advises Buhari to increase tempo
Economy/Technology

Peter Obi’s utterances on Student Loan Scheme disappointing,a lack of empathy – Group

February 13, 2026
Next Post
Consumer commission, CBN, EFCC investigate violations in money lending

Experts task CBN on paradigm shift as first MPC holds

Pace of work on Lekki Deep Seaport excites minister

Pace of work on Lekki Deep Seaport excites minister

Recommended Stories

Sanwo-Olu declares traffic management priority in Lagos

Lagos moves to create thriving condition for cooperative societies

July 19, 2022
Edo unveils plans for investment desks

Edo state, GIZ, partner on harmonised incentives for investors

November 5, 2022
Nigeria disburses N56bn to MSMEs

NIM, SMEDAN in deal to spur SME, human capital development

May 9, 2023

Popular Stories

  • Rising prices of goods cause protests in Morocco

    Rising prices of goods cause protests in Morocco

    0 shares
    Share 0 Tweet 0
  • NLNG not responsible for gas supply shortfall, price hike

    0 shares
    Share 0 Tweet 0
  • NCC sets fresh operational fees, spectrum prices for telecom operators

    0 shares
    Share 0 Tweet 0
  • Hoarding causes hike in prices of grains

    0 shares
    Share 0 Tweet 0
  • Prices of Petrol, diesel increase in November

    0 shares
    Share 0 Tweet 0
TheMattersPress

We bring you the best news update in Nigeria

LEARN MORE »

Recent Posts

  • Progressivism: The Place of Ideology in Tinubu’s Management of Nigeria’s Economy
  • How Tinubu deployed tools of economic progressivism to lift Nigeria out of years of decadent values, profligacy – IMPI
  • TMSG hails Tinubu’s swift assent to the 2026 Electoral Act

Categories

  • Agriculture
  • Economy/Technology
  • Energy
  • Entertainment/sports
  • Features
  • Foreign
  • Multimedia
  • Natural Resources
  • News
  • Oil and Gas
  • Photo
  • Politics
  • Security
  • Thematterspress
  • Uncategorized
  • Video

© 2025 Domo Tech World - Powered by Thematterspress.

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

© 2025 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