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Reading: Senate Confirms Zacchaeus Adedeji as FIRS Chairman
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Economic Issues > Blog > Business > Senate Confirms Zacchaeus Adedeji as FIRS Chairman
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Senate Confirms Zacchaeus Adedeji as FIRS Chairman

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By Reporter October 31, 2023
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Zacch Adedeji, Executive Chairman FIRS
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Senate Confirms Zacchaeus Adedeji as FIRS Chairman
By Patience Ikpeme

 

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The Senate has confirmed Zacchaeus Adedeji as the substantive chairman of the Federal Inland Revenue Service (FIRS).

This Senate decision was reached during a Senate plenary session in Abuja yesterday.

Adedeji’s confirmation was achieved with the majority of senators supporting his nomination following a thorough screening process.

Before his confirmation, Adedeji outlined his vision for the FIRS, emphasizing the need to enhance the organization’s data mining capabilities to facilitate informed tax decisions.

He identified a deficiency in data regarding the financial activities of both local and foreign companies operating within Nigeria as a source of revenue leakage.

According to Adedeji, the FIRS is “committed to enhancing our data mining capacity and developing the necessary data to guide our tax-related decisions.”

Furthermore, he pledged to conduct a comprehensive review of the Federal Government’s Tax Credit Scheme, which grants certain corporations tax incentives in exchange for their contributions to infrastructure development.

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This reassessment aims to ensure fairness and effectiveness in the utilization of this scheme.

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Reporter October 31, 2023 October 31, 2023
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