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Re: Monthly Net Salary Of Federal Government Ministries,departaments, Agencies And P by Gensanusi(m): 4:44am On Oct 06 |
Mukzahra: *Tinubu plans to bar Customs, NPA, others from revenue collection* President Bola Tinubu may bar revenue-generating agencies from collecting revenues on behalf of the Federal Government as he plans to introduce a single agency – Nigeria Revenue Service – to handle the task. This came as the Federal Government instituted a comprehensive set of fresh tax reforms aimed at significantly boosting revenue collection. The reforms, designed to enhance the efficiency of collecting direct taxes, along with various levies that are imposed on behalf of the government, will bar the Nigerian Customs Service, Nigerian Ports Authority, and 60 other revenue collection agencies from participating in revenue collection activities, but will lead to the creation of the Nigeria Revenue Service. By implementing these changes, the government seeks to streamline the tax collection process, ensuring that all taxable entities contribute their fair share and that the revenue generated is maximised to support public services and infrastructure development. The policy directive was instituted on Thursday when the President forwarded four executive bills to the National Assembly for consideration, aiming to implement significant tax reforms. Nigeria is contending with a revenue challenge that cuts across all government tiers but wants to attain a minimum tax-to-GDP ratio of 18 per cent. The country’s tax-to-GDP ratio is below Africa’s average and ranks as one of the lowest in the world. This has led to fiscal deficit and over-reliance on borrowing to finance public spending resulting in a cycle of inadequate funding for socio-economic development. One of the key proposals is the renaming of the Federal Inland Revenue Service to the Nigeria Revenue Service. A source at the Presidency, however, hinted that the new bill would not lead to a merger but seek to remove the revenue collection arm from the agencies and allocate its function to the Nigerian Revenue Services. “There is no merger of agencies. The bill will only take the revenue collection arm of each agency involved and take it to the Nigerian Revenue Service. “The plan is that the new revenue agency will be like the US or UK revenue agency that collects all government revenues while other revenue agencies like NIMASA, NPA, Customs, etc, will now focus on their core mandate, which is trade facilitation. There is no merger at all,” the official said. The bill seeking the name change for FIRS was outlined in a letter read by Senate President, Godswill Akpabio, and the Speaker, House of Representatives, Tajudeen Abbas, during the plenary sessions. The proposed law, titled the Nigeria Revenue Service (Establishment) Bill, seeks to repeal the Federal Inland Revenue Service (Establishment) Act, No. 13, 2007, and establish the Nigeria Revenue Service. According to Tinubu, the new agency will be responsible for assessing, collecting, and accounting for revenue accruing to the government. In addition to the name change, Tinubu submitted three other tax reform bills under the title, ‘Transmission of Fiscal Policy and Tax Reform Bills’ to the National Assembly. The President also transmitted to the parliament the Joint Revenue Board Establishment Bill, which seeks to create a Tax Tribunal and a Tax Ombudsman. He wrote, “The Nigeria Tax Bill: This bill seeks to provide a consolidated fiscal framework for taxation in the country. “The Nigeria Tax Administration Bill: Aimed at offering a clear and concise legal framework, this bill will ensure the fair, consistent, and efficient administration of tax laws, facilitating ease of tax compliance, reducing disputes, and optimizing revenue collection. “The Joint Revenue Board (Establishment) Bill: This proposal seeks to establish the Joint Revenue Board, the Tax Appeal Tribunal, and the Office of the Tax Ombudsman, which will work to harmonise, coordinate, and resolve disputes arising from revenue administration in Nigeria.” Tinubu emphasised that the proposed tax bills would have far-reaching benefits for the country, promoting taxpayer compliance, strengthening fiscal institutions, and fostering a more effective and transparent fiscal regime. “I am confident that the bills, when passed, will encourage investment, boost consumer spending, and stimulate Nigeria’s economic growth,” Tinubu stated. On the floor of the House of Representatives, Speaker, Abbas, confirmed receipt of the bills, stressing that they were designed in line with the objectives of the present administration. He noted that when passed into law, the bills would encourage the growth and sustainability of the economy. The House also consolidated six bills seeking the repeal of the Fiscal Responsibility Act, 2007 to enact the Fiscal Responsibility Bill, 2024. The bill aims at ensuring prudent management of the nation’s resources, ensuring long-term macro-economic stability of the national economy; and securing greater accountability and transparency in fiscal operations within the medium-term fiscal policy framework. Abbas, who presided over plenary, urged the Committee on Rules and Business to fix a date for debate on the general principles of the newly consolidated bills. The PUNCH recalls that the tax reforms are policy recommendations from Taiwo Oyedele’s Presidential Fiscal Policy and Tax Reforms Committee, which seeks to reduce taxes in the country from the current 62 to a maximum of nine. It also aligns with the recommendations of the President Tinubu Policy Advisory Council, which proposed declaring a state of emergency on revenue generation in the country. Speaking in an earlier interview, Oyedele noted that fiscal reforms were needed to protect small businesses, the vulnerable and the poor while effectively taxing the rich. He said, “Revenue transformation for us means we can no longer continue to celebrate incremental progress because the base was just so small and for us, it wasn’t about raising the taxes from existing taxpayers. “In fact, one of the things we found out is that poor persons are those paying taxes, so it is time for them to take a break which means we have to look at the system to take that burden away from the vulnerable people, small businesses and let the middle class and the rich who can afford to pay do so. “We have a brand new national fiscal policy that sets the framework for where we want to be, where we want to go, what we want to do, and what we want to stop doing as a country. We have identified company income tax, personal income tax, value-added tax, stamp duty, capital gains, and excise tax and we have redrafted new ones.” This new law will expunge the revenue collection function from 62 revenue-generating agencies and transfer the responsibility of revenue collection to a single agency to promote collection efficiency. Some of the agencies include Federal Airports Authority of Nigeria, Nigerian Ports Authority, Federal Inland Revenue Service, Nigeria Deposit Insurance Corporation, Nigerian Meteorological Agency, National Agency for Food and Drug Administration and Control, Federal Road Safety Corps, Nigeria Customs Service, Standards Organisation of Nigeria and the Nigerian Airspace Management Agency. Others are the Bank of Agriculture, Nigerian Bulk Electricity Trading, Tertiary Education Trust Fund, Federal Radio Corporation of Nigeria, Nigerian Railway Corporation, Federal Reporting Council of Nigeria, Nigerian Maritime Administration and Safety Agency, Corporate Affairs Commission, Nigeria Civil Aviation Authority, National Broadcasting Commission and Joint Admission Matriculation Board. Commenting on the implications of the new law, a former National President of the National Association of Government Approved Freight Forwarders, Dr Eugene Nweke, faulted the bill. He added that customs all over the world were known for revenue collection. “Customs all over the world are known for revenue collection. What it means is that they would outsource that function to a third party. Customs all over the world are known for revenue collection and anti-smuggling operations,” Nweke said. According to him, revenue collection had lots of technicalities. “What they should do with Customs is to train our importers and compel the NCS to go beyond the issues of scanning with a lot of compromises. The government should stop always thinking of how to protect a bill,” he advised. also reacting, National Public Relations Officer, Association of Registered Freight Forwarders of Nigeria, Taiwo Fatobilola, said, “It is not possible, don’t mind the government. They think revenue collection is what anybody can wake up and start with? Do they know how much it takes to train people on something the NCS have been trained to do? Please don’t mind them, it’s not possible.” however, National Public Relations Officer, Nigeria Customs Service, Abdullahi Maiwada, said he was not aware of the bill. “I am not aware of that, I am just hearing it from you,” Maiwada told The PUNCH. |
Re: Monthly Net Salary Of Federal Government Ministries,departaments, Agencies And P by Marksmann007: 5:10am On Oct 06 |
Between FCT IRS and TCN please which one is better in terms of salary and allowance |
Re: Monthly Net Salary Of Federal Government Ministries,departaments, Agencies And P by mmturi: 6:09am On Oct 06 |
Marksmann007: Plsss bro FCT-IRS ready to do something soonest? |
Re: Monthly Net Salary Of Federal Government Ministries,departaments, Agencies And P by Mohisah: 8:25am On Oct 06 |
Mukzahra:oh! Thanks. i was tinkin smth has bn introduced apart from this |
Re: Monthly Net Salary Of Federal Government Ministries,departaments, Agencies And P by RealAbba: 8:49am On Oct 06 |
Please is something about to happen at TCN? Marksmann007: 4 Likes |
Re: Monthly Net Salary Of Federal Government Ministries,departaments, Agencies And P by elaino: 10:23am On Oct 06 |
Gensanusi:They are trying to frustrate the bill already. 1 Like |
Re: Monthly Net Salary Of Federal Government Ministries,departaments, Agencies And P by Sam768: 2:03pm On Oct 06 |
This new law will expunge the revenue collection function from 62 revenue-generating agencies and transfer the responsibility of revenue collection to a single agency to promote collection efficiency. Some of the agencies include Federal Airports Authority of Nigeria, Nigerian Ports Authority, Federal Inland Revenue Service, Nigeria Deposit Insurance Corporation, Nigerian Meteorological Agency, National Agency for Food and Drug Administration and Control, Federal Road Safety Corps, Nigeria Customs Service, Standards Organisation of Nigeria and the Nigerian Airspace Management Agency. Others are the Bank of Agriculture, Nigerian Bulk Electricity Trading, Tertiary Education Trust Fund, Federal Radio Corporation of Nigeria, Nigerian Railway Corporation, Federal Reporting Council of Nigeria, Nigerian Maritime Administration and Safety Agency, Corporate Affairs Commission, Nigeria Civil Aviation Authority, National Broadcasting Commiss ion and Joint Admission Matriculation Board. |
Re: Monthly Net Salary Of Federal Government Ministries,departaments, Agencies And P by Blessedarethepe(m): 5:19pm On Oct 06 |
But I thought all the revenues were already being paid into the Treasury Single Account...............Is there going to be any difference apart from the change of name of FIRS to Nigeria Revenue Service? If not then it is just a ploy by the government to swindle more money. 4 Likes |
Re: Monthly Net Salary Of Federal Government Ministries,departaments, Agencies And P by Mohisah: 7:52pm On Oct 06 |
elaino:Lol if it were to be dat u head one of these agencies wl u ever gree to dis? But sofar as it's Apabio & Tajudeen there they'll sign it into law asap |
Re: Monthly Net Salary Of Federal Government Ministries,departaments, Agencies And P by IbnHussein(m): 7:58pm On Oct 06 |
Hi, pls is there any replacement/recruitment going on for NSCDC. I got a message from someone to forward my details for job. 2 Likes |
Re: Monthly Net Salary Of Federal Government Ministries,departaments, Agencies And P by Itzlinda(f): 8:16pm On Oct 06 |
Mohisah: I don't think so. And if they do it the way it is propose it will backfire. Unless they plan to collapse the agencies together. How do you expect nir to handle all the responsibilities of these organization and do it effectively. Do firs knows the technicality of customs duty and other customs specific operation. |
Re: Monthly Net Salary Of Federal Government Ministries,departaments, Agencies And P by maik99(m): 7:31am On Oct 07 |
Itzlinda: Firs employs professionals. There’s nothing special about customs duties that firs cannot do. 1 Like |
Re: Monthly Net Salary Of Federal Government Ministries,departaments, Agencies And P by Itzlinda(f): 8:49am On Oct 07 |
maik99: Lol that's what you think tho. You think duty is a vat that's 7.5%? There's no way in the world where customs doesn't collect revenue. The bill is just theorist. If other countries with more Robust system could not do it, I wonder why you think a joke country like Nigeria could do it. It is not even possible. Firs doesn't have training for enforcement. They wear suits and stay in office. Unless if they'll start training them like enforcmrbg officers 😃 2 Likes |
Re: Monthly Net Salary Of Federal Government Ministries,departaments, Agencies And P by nuradeen011(m): 9:02am On Oct 07 |
IbnHussein:I hope there is going to be replacement soon |
Re: Monthly Net Salary Of Federal Government Ministries,departaments, Agencies And P by Alfredd16: 9:23am On Oct 07 |
Itzlinda:U are the joke here not Nigeria. Some of u are just f**lish. 2 Likes |
Re: Monthly Net Salary Of Federal Government Ministries,departaments, Agencies And P by Itzlinda(f): 9:37am On Oct 07 |
Alfredd16: You are an idiot. At 37 with no kids and family, no job and you are still defending this cesspit call Nigeria. It's foolish people like you with no iota od idea how a society should be run that are worshipping politicians stealing from you. Tell me one good thing working in Nigeria as it should be. A country where mimum wage for a whole month wage is just $40. A country where you have to pay to get everything that's due for you and you think that's not a joke. If there's anything beyond joke, Nigeria is at the level. How many people here have been looking for a job for years but unable to get it despite having decent qualifications because they don't know anyone and can't buy their way May God punish you idiot 3 Likes |
Re: Monthly Net Salary Of Federal Government Ministries,departaments, Agencies And P by maik99(m): 9:43am On Oct 07 |
Itzlinda: As long as it’s revenue collection, firs can do it. Customs officers are not more knowledgeable than firs staff at this. What do you mean by enforcement? You don’t need force to collect revenue. You can only go after evaders 4 Likes |
Re: Monthly Net Salary Of Federal Government Ministries,departaments, Agencies And P by Alfredd16: 9:46am On Oct 07 |
Itzlinda:Awwwn Cry baby run up stairs to mummy. U are a fool for calling Nigeria a joke. A citizen of a JOKE country is also a joke. ur dad is also a joke for giving birth to a joke like u in a joke country. 7 Likes |
Re: Monthly Net Salary Of Federal Government Ministries,departaments, Agencies And P by Itzlinda(f): 9:56am On Oct 07 |
maik99: Once items leave ports or follow unapproved route there's no way you can trace it. Unlike tax that you can follow people's finances. There are lot of technicalities in collecting customs duties that require different type of training. Customs is a profession itself bro. Even in customs there's specialization. If you are not in the industry you'll not understand. What other countries does is to make customs department under firs so the payment for duties goes to firs payment revenue pool directly but it's customs that collect it. That's what the countries that Taiwo Oyedele that's making reference with do. Check Kenya revenue service, south Africa revenue board, Canada that's all the model they used which the guy is referencing. It's amazing how someone can be very educated but still knows little about other industries. I am license customs clearing agent, if you are not in the industry you won't understand 2 Likes |
Re: Monthly Net Salary Of Federal Government Ministries,departaments, Agencies And P by Itzlinda(f): 10:02am On Oct 07 |
Alfredd16: Walai we are all joke including your wretched father and mum living on 30k pension. The difference is I've accept the reality and charted my way not defend on the country, while you are here looking for a job at 37 years old thinking the country will save you. Continue hustling bro you may be lucky to get it before you reach 40. Idiot worshipping the people that have rigged system in favour of their kids against your own 1 Like |
Re: Monthly Net Salary Of Federal Government Ministries,departaments, Agencies And P by maik99(m): 10:16am On Oct 07 |
Itzlinda: I’m sure an arrangement that allows firs and ncs collabo can be worked out But that stance of ‘impossibility’ that you took is what I disagree with 1 Like |
Re: Monthly Net Salary Of Federal Government Ministries,departaments, Agencies And P by Alfredd16: 10:18am On Oct 07 |
Itzlinda:Thank God u accepted u and ur dad are joke. I’m not defending anybody, u can insult our leaders and call them names I don’t have problem with dat, calling Nigeria a joke is what I have problem with because I’m a citizen. Say hi to ur joke father for me, tell him u just called him a joke on nairaland. 3 Likes |
Re: Monthly Net Salary Of Federal Government Ministries,departaments, Agencies And P by Itzlinda(f): 11:27am On Oct 07 |
maik99: The impossibility is with how the dailies reports it, of course it can be worked out where customs and firs, nimasa, and npa work hand it hand. But not the way the media report it that they will be strip of their revenue collection and hand it over to firs. |
Re: Monthly Net Salary Of Federal Government Ministries,departaments, Agencies And P by Mubibond(m): 11:39am On Oct 07 |
maik99:They are actually more knowledgeable than FIRS when it comes to customs procedures and classification. Collecting customs and excise duties is not as simple as people make it out to be. Customs have centuries of experience in this, and I don’t think there can be trade facilitation without assessing duties. Is the government planning to take over the customs offices at the ports and borders and hand them over to FIRS? If a customs officer catches a vehicle or container with underpayment of duties, is he supposed to refer it to FIRS to collect the duties? And if they catch smuggled goods, who will be in charge? I’m not sure how they plan to arrange this, but I see too many flaws that could lead to sabotage. 3 Likes |
Re: Monthly Net Salary Of Federal Government Ministries,departaments, Agencies And P by Sultan8: 11:46am On Oct 07 |
. |
Re: Monthly Net Salary Of Federal Government Ministries,departaments, Agencies And P by maik99(m): 11:57am On Oct 07 |
Mubibond: They are not asking Firs to start going after evaders. The enforcement remains with NCS, it’s just collection and Remittance that firs is to handle. A good number of countries have this kind of structure it’s not rocket science 3 Likes |
Re: Monthly Net Salary Of Federal Government Ministries,departaments, Agencies And P by maik99(m): 11:57am On Oct 07 |
Itzlinda: Alright |
Re: Monthly Net Salary Of Federal Government Ministries,departaments, Agencies And P by Jamoleee(m): 12:19pm On Oct 07 |
Daklo: Plz any update on firs recruitment 1 Like |
Re: Monthly Net Salary Of Federal Government Ministries,departaments, Agencies And P by Mohisah: 12:50pm On Oct 07 |
Itzlinda:Perfect loot is comin & President may not understand it yet. Remittance to FG will become less 1 Like |
Re: Monthly Net Salary Of Federal Government Ministries,departaments, Agencies And P by Mohisah: 12:53pm On Oct 07 |
maik99:very easy to say right? Dis like VIO collecting FRSC revenue part & u tink they are happy? It basically collecting food from smb's mouth |
Re: Monthly Net Salary Of Federal Government Ministries,departaments, Agencies And P by maik99(m): 1:22pm On Oct 07 |
Mohisah: The happiness part is another discussion entirely And I think it’s the real reason those agencies will not like it not all these English we are speaking here😂 2 Likes |
Re: Monthly Net Salary Of Federal Government Ministries,departaments, Agencies And P by Itzlinda(f): 1:33pm On Oct 07 |
maik99: No country has such structure. What these countries have is customs and revenue agency merged together where customs is just a department under the country revenue agency agency. It is the same thing UK, customs and revenue agency. It is called HM revenue and customs in UK. In south Ghana it Ghana revenue authority where customs is just a department under the agency. There are two professions with different characteristics 1 Like |
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