{"id":70133,"date":"2025-07-09T17:21:36","date_gmt":"2025-07-09T17:21:36","guid":{"rendered":"https:\/\/abujacityjournal.com\/livenews\/?p=70133"},"modified":"2025-07-09T17:21:36","modified_gmt":"2025-07-09T17:21:36","slug":"imf-commends-firs-for-tax-reforms-pledges-continued-support","status":"publish","type":"post","link":"https:\/\/abujacityjournal.com\/livenews\/2025\/07\/09\/imf-commends-firs-for-tax-reforms-pledges-continued-support\/","title":{"rendered":"IMF Commends FIRS for Tax Reforms, Pledges Continued Support"},"content":{"rendered":"<p><strong>By Patrick Idowu<\/strong><\/p>\n<p>&nbsp;<\/p>\n<p>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.<\/p>\n<p>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\u2019s efforts under the leadership of Chairman Zacch Adedeji.<\/p>\n<p>\u201cWe recognise the good work that FIRS has been doing for Nigerian citizens,\u201d Paz said, adding that the IMF would continue to support the agency, especially in implementing the recently enacted tax laws.<\/p>\n<p>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.<\/p>\n<p>\u201cThese new laws bring added responsibilities and will enhance the relevance of Nigeria\u2019s tax system. We\u2019re honoured to be partners in this reform journey and commend FIRS for its results so far,\u201d Paz added.<\/p>\n<p>In his remarks, FIRS Chairman Zacch Adedeji, represented by his Chief of Staff, Tayo Koleosho expressed appreciation for the IMF\u2019s ongoing support.<\/p>\n<p>He highlighted the agency\u2019s collaboration with the IMF in areas such as VAT automation, compliance programmes, digital transformation, and data-driven portfolio management.<\/p>\n<p>\u201cOur strategic plans are being broken into manageable tasks, and IMF has been instrumental in helping us shape those efforts,\u201d Koleosho noted.<\/p>\n<p>Also speaking, Mrs. Bolaji Akintola, Coordinating Director of the Corporate Services Group at FIRS, described the IMF as a vital partner in the agency\u2019s journey toward a reformed and efficient tax system.<\/p>\n<p>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.<\/p>\n<p>\u201cThe 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,\u201d Akintola said.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>By Patrick Idowu &nbsp; 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 [&hellip;]<\/p>\n","protected":false},"author":29,"featured_media":70134,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[172],"tags":[59,558,1624],"class_list":["post-70133","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-featured","tag-firs","tag-imf"],"aioseo_notices":[],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/posts\/70133","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/users\/29"}],"replies":[{"embeddable":true,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/comments?post=70133"}],"version-history":[{"count":1,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/posts\/70133\/revisions"}],"predecessor-version":[{"id":70135,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/posts\/70133\/revisions\/70135"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/media\/70134"}],"wp:attachment":[{"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/media?parent=70133"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/categories?post=70133"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/tags?post=70133"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}