FIRS Contributes Over Half Of Total FG Revenue - RMAFC


The Chairman of the Revenue Mobilisation, Allocation and Fiscal Commission (RMAFC), Chief Elias Mbam, along with his management team has yesterday paid a familiarization visit to the chairman of the Federal Inland Revenue Service (FIRS) at the service headquarters in Abuja.


In his address during the visit, Mbam stated that he chooses to first visit FIRS being it a very significant organ in the revenue generation of the country. He stated that FIRS has contributed 59.7 per cent to the Federation Account in the last three months, representing more than half of total revenues generated by the Federal Government.


“You will recall, Mr. Chairman, that sometime in June you were present when the members of the RMAFC were sworn in; they have all assumed duty. And in order to understand the terrain, they need to familiarise themselves with major stakeholders of the commission; the activities they do, so as to aid them in their work. One of our major stakeholders is the FIRS. We are here to familiarise ourselves with your activities; to know areas of collaboration, your challenges, which we will also help to pass to the Federal Government. We also want to know where we can be of help. We are all working for the same government and our work is collaborative,” he said.