FIRS commends EFCC for role in meeting federal revenue

The Federal Inland Revenue Service (FIRS) has applauded the Economic and Financial Crimes Commission (EFCC) for its critical role in helping the agency achieve the federal government’s 2025 revenue target.

The commendation was given on Tuesday, September 9, 2025, in Abuja by the Executive Chairman of FIRS, Zach Adedeji, during a courtesy visit to EFCC Chairman, Ola Olukoyede, at the Commission’s headquarters.

Adedeji noted that while President Bola Ahmed Tinubu had recently praised FIRS for its performance, it was important to also recognize the EFCC’s support in sustaining Nigeria’s financial stability.

“If you listened to Mr. President last week, we were praised to high heavens for meeting our revenue target. But it is wrong to assume we did it alone.

“We are here to convey Mr. President’s appreciation to our partners,” Adedeji said.

He emphasized the need for continued partnership, especially as the government prepares for another budget cycle aimed at reforming the expenditure framework and improving voluntary tax compliance.

Responding, Olukoyede congratulated FIRS on surpassing its revenue target earlier than expected, describing the achievement as historic.

“I’m not sure there has been any time in Nigeria’s history when we met our revenue target by August. This is no small feat, and it shows your commitment,” he said.

The EFCC boss reaffirmed the Commission’s readiness to strengthen collaboration with FIRS in tackling tax fraud and ensuring transparency in public finance.

He cited a recent Court of Appeal judgment affirming EFCC’s powers to investigate tax fraud as validation of the Commission’s mandate.

“We have worked together through joint task forces and will continue to do so.

“Beyond revenue collection, financial discipline and ensuring value for money are equally critical,” Olukoyede added.

He also congratulated FIRS on the passage of the Revenue Act, which takes effect on January 1, 2026, expressing optimism that it would further boost the country’s economy.