Efficient tax system vital to economic growth, says FIRS – Punch Newspapers

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Oyetunji Abioye

The Coordinating Director, Domestic Taxes Group/Special Adviser to the Executive Chairman, Federal Inland Revenue Service, Mr. Abiodun Aina, says efficient tax system is vital to the Federal Government’s quest to achieve sustainable economic growth and infrastructure development.

He said since oil revenue could not sustain economic growth, there was a need to widen the country’s tax base.

According to Aina, the FIRS has changed the narrative under the current administration in terms of helping the government to achieve its developmental goal through the use of tax revenue.

Aina spoke in Lagos as a special guest of honour at the 38th induction ceremony of the Chartered Institute of Taxation of Nigeria where 409 candidates were inducted.

Analysing how the tax agency has transformed taxation in the country, the coordinating director explained that the average…



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