The chief executive of Federal Inland Revenue Service, FIRS, Tunde Fowler, has replied the query issued him by the presidency.
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While Fowler agreed that actual tax collection since the beginning of President Muhammadu Buhari’s administration is lower than the 2012-2014 period under former President Goodluck Jonathan, in general terms, he told the presidency FIRS under him has performed better regarding specific non-oil tax types, such as VAT and CIT.
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He associated the general lower collection since 2015 to oil market crisis which has seen a fall in commodity price compared to the period under Jonathan, and recession “which slowed down economic activities.”
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In a letter dated August 8, 2019, Chief of Staff to the President, Mr Abba Kyari asked Fowler to explain why government revenue under him has always been less than projected revenue and why the revenue has dropped compared to what obtained between 2012 and 2014, under ex-President Goodluck Jonathan.
See copy of the reply.
