Connect with us

News

FIRS debunks Timi Frank’s claims, says he’s seeking cheap publicity

Published

on

There is no multiple taxation in Nigeria— Fowler

The Federal Inland Revenue Service on Monday debunked reports that it sponsored All Progressive Congress (APC) Presidential election with N90 billion.

In a statement by the Director, Communications, Mr Wahab Gbadamosi, the service said the claim by a former Deputy National Publicity Secretary of the APC, Mr Timi Frank, that it supported the APC, through Vice President Yemi Osinbajo, with N90bn was far from the truth.

The organisation urged members of the public to ignore the claims of the former  national publicity secretary of the APC, saying he was seeking for cheap publicity.

Read also: Three soldiers dismissed in Borno for Kidnapping, robbery

The FIRS explained that in the last four years since the Executive Chairman of FIRS, Mr Tunde Fowler supervised operations at the FIRS, the agency had not received up to N90bn per annum as cost of collection from the Federation Accounts Allocation Committee.

The service also expatiated that it was from the remittances from FAAC which had never grossed up to N100bn per annum that it paid salaries and emoluments and trained its over 8,000 members of staff, and managed over 150 offices.

Part of the statement read that “The FIRS operates on behalf of Nigerians. Taxpayers’ money, including the operational funds of the service, is sacred and we exercise extra care and diligence in expenditures, even after such funds must have been appropriated by the National Assembly.”

Join the conversation

Opinions

Support Ripples Nigeria, hold up solutions journalism

Balanced, fearless journalism driven by data comes at huge financial costs.

As a media platform, we hold leadership accountable and will not trade the right to press freedom and free speech for a piece of cake.

If you like what we do, and are ready to uphold solutions journalism, kindly donate to the Ripples Nigeria cause.

Your support would help to ensure that citizens and institutions continue to have free access to credible and reliable information for societal development.

Donate Now