FIRS Calls for Judiciary’s Help in Taxation – Landslide News
  • Latest
  • Trending
  • All
  • Business
  • Politics
  • Global
  • Lifestyle
  • Tech

FIRS Calls for Judiciary’s Help in Taxation

October 22, 2024

Braga Complete Signing Of Nigerian Teen Olamikun

July 15, 2026

Ashe Ready for Commonwealth Games, Seeks Nigerians’ Support

July 15, 2026

INEC Portal Closes, 3 Parties Miss Out

July 15, 2026

FHC Revises 2026 Election Rules

July 15, 2026

Obi Says Nigeria Needs a Caring, Competent Leader

July 15, 2026

INEC Clears Atiku, 470 ADC Candidates

July 15, 2026

Debate Grows Over Shettima’s Prospects As 2027 Political Calculations Intensify Nationwide

July 15, 2026

INEC Seeks Better Funding Amid Rising Staff Exodus Ahead Of 2027 Elections

July 15, 2026

Tinubu Urges COREN To Strengthen Engineering Standards Through Tougher Regulatory Measures

July 15, 2026

Kemi Badenoch Says Permanent Stay Shouldn’t Be Guaranteed for Immigrants

July 14, 2026

SDP Flagbearer Commends Soyinka’s Contributions at 92

July 14, 2026

2027: Adebayo Dismisses Muslim-Muslim Ticket Debate

July 14, 2026
Landslide News
  • Home
  • Breaking News
  • Global
  • Business
  • Entertainment
    • Movies
    • Music
  • Fashion
  • Health
  • Lifestyle
  • Politics
  • Sports
  • Advertise
Create a Channel
No Result
View All Result
Landslide News
  • Home
  • News Insights @ LandslideNews
  • Breaking News
  • Politics
  • Global
  • Business
  • Entertainment
    • Movies
    • Music
  • Fashion
  • Health
  • Lifestyle
  • Sports
  • Tech
  • Advertise

FIRS Calls for Judiciary’s Help in Taxation

byBilkisu Kasim
October 22, 2024
in Business
0

The Federal Inland Revenue Service (FIRS) has emphasized the crucial importance of the judiciary in ensuring a strong and efficient tax system. It highlighted that the integrity and cooperation of the judiciary are key to the success of Nigeria’s tax administration.

 

Dr. Zacch Adedeji, Executive Chairman of the FIRS, represented by Muhammad Abubakar, the Coordinating Director of the Services Support Group, explained that “for our tax system to function optimally, the unwavering support and integrity of the judiciary is indispensable.”

 

He made this statement during the opening session of the High Impact Interactive Conference with Justices and Judges, which was organized by the FIRS in collaboration with the National Judicial Institute in Abuja on Monday.

 

According to Adedeji, the judiciary “acts as the protector of justice and fairness within society. Your role in interpreting tax laws, resolving disputes, and enforcing compliance is critical in establishing a tax system built on trust.” He added that by adhering to the rule of law and delivering just decisions, the judiciary strengthens public and corporate confidence, encouraging greater tax compliance.

 

He urged the judiciary to remain steadfast in delivering fair and transparent judgments, reinforcing their essential role in upholding the tax system.

 

During an interview with journalists after the event, Abubakar reaffirmed that FIRS is on track to meet its N19.4 trillion revenue target for this year. He noted, “By 2025, the government might consider raising the target slightly, so we need to be prepared.”

 

He added, “This conference is one of the initiatives aimed at getting us ready for the coming year when many new developments, including new laws that will take effect from January 2025, are expected.”

 

In her address, Chief Justice of Nigeria, Justice Kudirat Kekere-Ekun, reminded national institutions involved in legal cases that the quality of court rulings depends significantly on how thoroughly cases are prepared by those bringing them forward.

 

She emphasized that while this conference plays an essential role in building capacity and understanding sector-specific issues such as taxation, “it does not replace the responsibility of the relevant agencies to carry out their duties with diligence and, when necessary, adjust their processes.”

 

Justice Kekere-Ekun expressed concerns about the gap between global tax strategies and Nigeria’s domestic tax framework, especially in the context of the growing digital economy. She noted, “Although Nigeria benefits from international structures, there remains a significant disparity between global tax strategies and the country’s local tax system.” She added that this conference aims to explore ways to close these gaps while preserving the integrity of Nigeria’s tax structure.

 

The Chief Justice also emphasized the need for ongoing judicial education on specialized issues like taxation, urging judges to be consistent in their rulings to enhance transparency and fairness within the system.

 

Furthermore, she remarked that the collaboration between the judiciary and tax authorities signifies a collective dedication to driving national development and progress.

 

Bilkisu Kasim

Bilkisu Kasim

Related Posts

Fani-Kayode: Ambassadorial Role Is a Divine Call

byRosemary Ani Pius
1 week ago
0

Former Aviation Minister, Femi Fani-Kayode, has completed the final diplomatic formalities required for his deployment as Nigeria’s High Commissioner to...

Explained: Tinubu’s Google, Meta Probe

byRosemary Ani Pius
1 week ago
0

President Bola Tinubu’s decision to direct the Federal Competition and Consumer Protection Commission (FCCPC) to investigate major technology companies and...

Tony Elumelu Bows Out as UBA Chairman After Reaching CBN Tenure Limit

byBilkisu Kasim
1 week ago
0

United Bank for Africa (UBA) Plc is set for a leadership transition as its long-serving Group Chairman, Tony Elumelu, prepares...

World Bank Approves $11.4bn for FG in Three Years

byRosemary Ani Pius
1 week ago
0

The administration of President Bola Ahmed Tinubu has obtained World Bank financing approvals valued at approximately $11.4 billion within three...

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

I agree to the Terms & Conditions and Privacy Policy.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.