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The Chief Executive of the Federal Inland Revenue Services, FIRS, Babatunde Fowler, has responded to query issues him by President Mohammadu Buhari, on the shortfalls in tax collection.
Fowler in his letter to the Chief of Staff to the President, Mallam Abba Kyari, blamed oil market crisis for the shortfalls in tax revenues.
The FIRS chief also blamed the period of recession for the shortfalls in tax collection.
He agreed that actual tax collection since the beginning of President Muhammadu Buhari’s administration is lower than the 2012-2014 period under former President Goodluck Jonathan, in general terms, he told the presidency FIRS under him has performed better regarding specific non-oil tax types, such as VAT and CIT.
See attached letter for details: