FIRS Chairman Urges Halt to N2.7 Trillion Tax Credit for Road Construction


Chairman of FIRS, Zaccheus Adedeji  who made projection of N19 .4trillion as targeted total tax collection for 2024, insisted that the fresh N2 .7trillion Tax Credit  planned for road construction in the country by the Central Bank of Nigeria ( CBN), should be stopped .

He said that the programme is laudable but that the N2.5 trillion being spent on it by NNPCL should be exhausted before bringing fresh requests.

The Chairman of FIRS informed the Senate that to save Nigerians from multiple taxation, FIRS in collaboration with the committee set up by President Bola Tinubu would reduce the 62 different taxes to eight

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