Senate Confirms Adedeji As FIRS Chair

Mr. Zacch Adedeji, FIRS Chairman

The Senate on Tuesday confirmed the nomination of Zack Adedeji as the chairman of the Federal Inland Revenue Service (FIRS).

Adedeji was confirmation enjoyed the majority vote by senators after he was screened during the plenary session on Tuesday.

Speaking before his confirmation, Adedeji pledged to improve the data mining capacity of the agency to make appropriate tax decisions.

He blamed revenue leakages on a lack of data on the finances of local and foreign firms operating in the country.

He said, “We will improve our data mining capacity. We will develop the data upon which will we make decisions on taxes.”

He also pledged to look into the Federal Government’s tax credit scheme, which grants some corporations tax holidays in exchange for the provision of infrastructure.

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