{"id":13859,"date":"2024-01-26T07:03:17","date_gmt":"2024-01-26T07:03:17","guid":{"rendered":"https:\/\/nigerdeltanews.ng\/how-nigerian-govt-will-achieve-n19-4trn-revenue-target-in-2024-firs\/"},"modified":"2024-01-26T07:03:17","modified_gmt":"2024-01-26T07:03:17","slug":"how-nigerian-govt-will-achieve-n19-4trn-revenue-target-in-2024-firs","status":"publish","type":"post","link":"https:\/\/nigerdeltanews.ng\/how-nigerian-govt-will-achieve-n19-4trn-revenue-target-in-2024-firs\/","title":{"rendered":"How Nigerian Govt will achieve N19.4trn revenue target in 2024 \u2013 FIRS"},"content":{"rendered":"<div>\n<p>The Nigerian federal government has announced that it will ramp up revenue generation and achieve its 19.4 trillion collection target in 2024.<\/p>\n<p>The government said it will rely on voluntary tax compliance and a new organisational structure to achieve its revenue collection target in 2024.<\/p>\n<p>Zacch Adedeji, Federal Inland Revenue Service executive chairman, disclosed this during the agency\u2019s recent 2024 strategic management retreat in Abuja.<\/p>\n<p>According to him, the new organisational structure, set to kick off in February 2024, is a critical milestone in revolutionising tax administration in the country in a modernised and digitised manner.<\/p>\n<p>\u201cWe want to use the new structure to drive voluntary compliance because the focus cannot be on litigation and investigation; that one will be for, say, 10 per cent of all our strategies.<\/p>\n<p>\u201cThe real strategy is to drive voluntary compliance, and there will always be consequences for non-compliance, and that is where this structure is going.<\/p>\n<p>\u201cBy tailoring our services to specific taxpayer segments, we aim to simplify the taxpayer experience. There are no more complexities or overlaps \u2014 just a seamless and user-friendly interaction for every taxpayer,\u201d he said.<\/p>\n<p>The service noted that it generated N12.37 trillion as taxes in 2023, surpassing the 2022 record by N2 trillion.<\/p>\n<p>How Nigerian Govt will achieve N19.4trn revenue target in 2024 \u2013 FIRS<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>The Nigerian federal government has announced that it will ramp up revenue generation and achieve its 19.4 trillion collection target&hellip;<\/p>\n","protected":false},"author":1,"featured_media":13860,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4161,4862,15,8430],"tags":[8431,519,4863,180,8432],"class_list":["post-13859","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","category-firs","category-news","category-zacch-adedeji","tag-adedeji","tag-business","tag-firs","tag-news","tag-zacch"],"_links":{"self":[{"href":"https:\/\/nigerdeltanews.ng\/wp-json\/wp\/v2\/posts\/13859","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/nigerdeltanews.ng\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/nigerdeltanews.ng\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/nigerdeltanews.ng\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/nigerdeltanews.ng\/wp-json\/wp\/v2\/comments?post=13859"}],"version-history":[{"count":0,"href":"https:\/\/nigerdeltanews.ng\/wp-json\/wp\/v2\/posts\/13859\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/nigerdeltanews.ng\/wp-json\/wp\/v2\/media\/13860"}],"wp:attachment":[{"href":"https:\/\/nigerdeltanews.ng\/wp-json\/wp\/v2\/media?parent=13859"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/nigerdeltanews.ng\/wp-json\/wp\/v2\/categories?post=13859"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/nigerdeltanews.ng\/wp-json\/wp\/v2\/tags?post=13859"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}