The International Monetary Fund (IMF) has examined the ongoing reforms at the Federal Inland Revenue Service (FIRS) and commended the agency for what it described as significant progress in its core duties.
A Senior Economist at the Fiscal Affairs Department of the global body, Paulo Paz, gave the commendation on yesterday at the opening of the IMF-supported Headquarters Mission at the Revenue House in Abuja.
Paz said the IMF recognised the “good work that FIRS has been providing to the citizens,” under its chairman, Zacch Adedeji, adding that the Bretton institution would continue to support the agency in delivering effective tax administration for the growth and development of the country.
A statement by Special Adviser on Media to the FIRS chairman, Dare Adekanmbi, said the mission of the IMF team to Nigeria was to explore areas the organisation could further support the agency in addressing the challenges that might arise, particularly with the recently signed tax laws.
According to him, the new tax laws will have a new impact on Nigeria.