The Federal Inland Revenue Service on Thursday denied claims
made by the Office of the Auditor-General for the Federation that
FIRS illegally deducted and failed to remit N210bn into the
Federation Account.
Speaking on the sidelines of the third annual meeting of the
Nigerian Tax Research Network in Abuja, the Executive Chairman,
FIRS, Babatunde Fowler, told journalists that his agency did not
know where the Auditor-General for the Federation, Anthony Ayine,
got his (Ayine) information.
On Wednesday, an audit report signed by Ayine and released by
the OAGF stated that out of the N6.4tn generated by revenue
collection agencies in 2017, about N1.5tn was deducted and not
remitted into the Federation Account in violation of the provisions
of the Constitution.
The report stated that the FIRS generated N2.66tn but paid about
N2.45tn into Federation Account, which implied that the service
deducted and failed to remit N210bn.
When asked to explain why the agency deducted the sum, Fowler
replied, “I don’t know where he (Ayine) got that information from
because all the revenue that we generate goes to the Federation
Account. We collect our monthly revenue during FAAC.
“And that happens the same time that states, Local Governments
and agencies collect their own revenue. So maybe we’ll have to talk
to him and let him explain how that’s possible.”
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