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IMF Commends FIRS for Tax Reforms, Pledges Continued Support

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By Patrick Idowu

 

The International Monetary Fund (IMF), has commended the Federal Inland Revenue Service (FIRS), for what it described as significant progress in tax administration and revenue reforms.

Speaking at the opening of the IMF-supported Headquarters Mission at the Revenue House in Abuja on Wednesday, Paulo Paz, Senior Economist at the Fiscal Affairs Department of the IMF, praised the agency’s efforts under the leadership of Chairman Zacch Adedeji.

“We recognise the good work that FIRS has been doing for Nigerian citizens,” Paz said, adding that the IMF would continue to support the agency, especially in implementing the recently enacted tax laws.

According to a statement by Dare Adekanmbi, Special Adviser on Media to the FIRS chairman, the IMF mission to Nigeria seeks to identify new areas of collaboration, particularly in addressing potential challenges from the four newly signed tax laws.

“These new laws bring added responsibilities and will enhance the relevance of Nigeria’s tax system. We’re honoured to be partners in this reform journey and commend FIRS for its results so far,” Paz added.

In his remarks, FIRS Chairman Zacch Adedeji, represented by his Chief of Staff, Tayo Koleosho expressed appreciation for the IMF’s ongoing support.

He highlighted the agency’s collaboration with the IMF in areas such as VAT automation, compliance programmes, digital transformation, and data-driven portfolio management.

“Our strategic plans are being broken into manageable tasks, and IMF has been instrumental in helping us shape those efforts,” Koleosho noted.

Also speaking, Mrs. Bolaji Akintola, Coordinating Director of the Corporate Services Group at FIRS, described the IMF as a vital partner in the agency’s journey toward a reformed and efficient tax system.

She revealed that, with IMF support, FIRS conducted two Tax Administration Diagnostic Assessment Tool (TADAT), evaluations between 2018 and 2023. The most recent assessment showed significant improvements.

“The improved 2023 TADAT results are evidence of our commitment to institutional excellence. If another assessment were conducted today, the results would be even better, as several weaknesses identified in 2023 have now been addressed and codified in the new tax reform laws signed by President Bola Tinubu,” Akintola said.

Insecurity

DHQ: 147 Terrorists Arrested, 39 Kidnap Victims Rescued

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By Oso Abidemi 

The Defence Headquarters (DHQ), has announced the arrest of 147 suspected terrorists and other criminals across the country in the past week, alongside the rescue of 39 kidnapped victims.

Director of Defence Media Operations, Maj.-Gen. Markus Kangye, disclosed this yesterday in Abuja while briefing reporters on military operations carried out between September 15 and September 22.

According to him, troops of Operation Hadin Kai in the Northeast arrested 26 suspected collaborators of terrorist groups and rescued three kidnap victims. He said vehicles, motorcycles, Improvised Explosive Devices (IEDs), and large quantities of fabrics were also recovered.

Kangye further revealed that troops apprehended 80 terrorists, including two identified leaders – Abubakar Ahmadu and Saawuan Wuaiyolna. Wuaiyolna, he noted, belonged to a notorious syndicate already on the military’s wanted list.

In the Southsouth, troops intensified the fight against crude oil theft, arresting 19 suspected oil thieves and nine other criminals while rescuing nine kidnap victims.

“Troops also discovered and destroyed 16 illegal refining sites, 14 crude oil cooking ovens, seven dugout pits, 11 boats, and eight storage tanks,” Kangye said. He added that the operations prevented the theft of crude oil valued at N19.8 million.

The DHQ reiterated its commitment to dismantling terrorist networks, curbing oil theft, and restoring peace across the country.

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Abuja Reports

Tinubu Committed to Transforming Abuja into World-Class City -Wike

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By Oso Abidemi

The Minister of the Federal Capital Territory (FCT), Nyesom Wike, has assured residents that President Bola Tinubu’s administration will continue to drive Abuja’s transformation into a world-class city before the end of his tenure.

Wike gave the assurance on Thursday during the flag-off of the construction of Arterial Road N20 (Solomon Lar Way), linking Road N5 (Obafemi Awolowo Way) to the Airport Expressway.

He said the project was in line with Tinubu’s Renewed Hope Agenda, stressing that the administration would not neglect any sector of development.

“All of us can attest that under the Renewed Hope Agenda of Mr. President, the narrative has changed. By the grace of God, before the end of this first tenure, Abuja will compete with most cities in the world,” Wike said.

The minister explained that funding delays had stalled the road project for six months after its award by the Federal Executive Council (FEC) but assured that his leadership would only commence projects with guaranteed financing.

He urged the contractor, Gilmore Engineering, to prioritize employing local youths, noting that the ongoing infrastructure drive in the FCT had already created multiple job opportunities.

“With 16 days of consecutive project flag-offs, you can imagine the number of people engaged. Sixteen days means 16 companies being involved in one way or the other,” he said.

Wike also appealed to residents to cooperate with contractors to ensure smooth operations and timely delivery, warning against project variations that prolong timelines.

He added that the completion of Arterial Road N20 would enhance connectivity, boost economic activities, raise property values, and improve access to key areas of the capital.

“No sector will be left untouched. We have also moved into the health sector to ensure every area of Abuja’s development receives the attention it deserves,” the minister added.

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Keyamo Seeks African Support for Nigeria’s Re-Election into ICAO Council

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By Omoniyi David

 

Minister of Aviation and Aerospace Development, Festus Keyamo, SAN, has urged African states, particularly members of the African Union (AU), to support Nigeria’s re-election into Part 2 of the International Civil Aviation Organization (ICAO), Council.

Delivering Nigeria’s statement at the 42nd ICAO Assembly in Montreal, Canada, Keyamo reaffirmed the country’s commitment to the organization’s principles, citing ongoing investments in infrastructure modernization, regulatory reforms, and capacity building to align the aviation sector with global standards.

He noted that Nigeria hosts and remains the largest contributor to the Banjul Accord Group Aviation Safety Oversight Organization (BAGASOO), while also supporting the Regional Accident Investigation Agency (BAGAIA).

He added that Nigeria has met its environmental obligations by submitting its state action plan on carbon emission reduction and voluntarily participating in the Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA).

Commending ICAO’s leadership and the Canadian government for hosting a successful assembly, Keyamo expressed gratitude for the reception accorded the Nigerian delegation.

He called on delegates to look beyond geographical differences and work collectively to achieve ICAO’s goals, stressing: “The skies may divide our geographies, but through ICAO, they unite our goals and aspirations.”

The minister also invited the ICAO Council to the Nigerian International Airshow, scheduled for Abuja from December 2 to 4, 2025.

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