• Likes
  • Followers
  • Followers
  • Monday, July 14, 2025
  • Contact Us

NEWSCLICKNG NEWSCLICKNG - Most Development-Focused News Platform

  • News
  • Politics
  • Business
  • Sports
  • Education
  • Entertainment
  • lifestyle
  • Health
  • Arts & Culture
  • Technology
NewsclickNG
  • Home
  • Business
  • FIRS contributes 59.7 percent to Federation Account – RMAFC

FIRS contributes 59.7 percent to Federation Account – RMAFC

BusinessNews
By Oluwadamilare Emmanuel On Sep 6, 2019
306
Share

The Chairman of the Revenue Mobilisation, Allocation and Fiscal Commission (RMAFC) Chief Elias Mbam has confirmed that the Federal Inland Revenue Service (FIRS) has contributed 59.7 percent, representing more than half of revenues to the Federation Account in the last three months.

A statement from the FIRS said Mbam spoke on Thursday when he led a delegation of Commissioners on a visit to FIRS Headquarters.

According to Mbam: “The FIRS has been the major contributor to the federation account. The average contribution from the FIRS in the last three months is about 59.7 percent.

“In other words, more than half of the revenue shared to the three tiers of government comes from the FIRS.”

Mbam said they were at the FIRS “to familiarise ourselves with your activities, to know areas of collaboration, your challenges, which we will also help to pass to the Federal Government.

Related Posts

Woodhall Capital, Polaris Bank partner UK, Lagos Govts,…

Jul 14, 2025

Lagos LG poll, a predictable coronation, not contest –…

Jul 14, 2025

Two Nigerians named among America’s Richest Immigrants in…

Jul 14, 2025

“We are all working for the same government and our work is collaborative,” he added.

The Executive Chairman of FIRS, Tunde Fowler noted that FIRS would continue do its best to generate revenue to fund the three tiers of government.

“We have always told ourselves that the job we do is for the love of the country. We will continue to deliver quality services in tax administration in Nigeria.”

He reiterated that the FIRS will keep “deploying technologies to make it easy for taxpayers to pay their taxes conveniently, even from the comfort of their homes or offices, download tax receipts and do other transaction with FIRS without visiting the tax office.

“We know the need for increased revenues to the government and we will continue do our best to fund the three tiers of government,” Fowler said.

Federation AccountRMAFC
Oluwadamilare Emmanuel 21675 posts 0 comments

Prev Post

NIPR to take campaign against xenophobia to South Africa

Next Post

APC names Appeal Committees for Kogi, Bayelsa gov primaries

You might also like More from author
News

Woodhall Capital, Polaris Bank partner UK, Lagos Govts, Launch ₦1.5bn Fund to Scale…

News

Lagos LG poll, a predictable coronation, not contest – Electoral College…

News

Two Nigerians named among America’s Richest Immigrants in 2025 — Forbes

News

Iran president reportedly injured in Israeli strikes

Prev Next
  • About us
  • Contact Us
  • Privacy Policy
  • Terms of use
  • Advertise with us
© 2025 - NewsclickNG. All Rights Reserved.
Website Design: DN