FIRS Will Capture 500,000 Corporate Accounts, To Boost Revenue Collection For FG – Fowler

Chairman of the Federal Inland Revenue Service (FIRS), Babatunde Fowler has said that the organization will  capture up to 500,000 new corporate accounts in its tax data base by the first quarter of  net year.

Fowler told State House Correspondents that in order to boost collection of revenue for the Federal Government, the FIRS has already completed the capturing of 105,000 new accounts in the last 45 days.

The Chairman also advised that governments and individuals should cultivate the habit of saving for the rainy day.

“There is a big gap both on the terms of the individuals and also the corporate. On the corporate side, we expect we are going to register at least half a million new corporate accounts by March 31,” he said.

“We have started the campaign and in the last 45 days we have registered about 105,000 corporate accounts that have not been paying tax.

“So I think it is time that we all put hands together and try and make sure that we support ourselves in supporting government so that government has the required revenue.

“So the government can provide the services and the required infrastructure to make Nigeria the Nigeria of our dreams.”