In a significant move to ensure transparency and accountability within the nation’s fiscal agencies, Chief James Faleke, Chairman of the House Committee on Finance, led a delegation of committee members on an oversight visit to the Federal Inland Revenue Service (FIRS) Headquarters in Abuja. This visit aligns with the House of Representatives’ ongoing mandate to evaluate the performance of various Ministries, Departments, and Agencies (MDAs) in Nigeria.
Upon arrival at the FIRS Headquarters, the committee was warmly welcomed by the Chairman of FIRS, Dr. Zach Adedeji, and his dedicated team. The FIRS officials provided a comprehensive briefing that highlighted the agency’s achievements and initiatives aimed at enhancing tax collection and compliance in Nigeria. Dr. Adedeji emphasized the importance of the FIRS in driving national revenue generation, which is crucial for funding government programs and services.
Following the briefing, Chief Faleke and the committee members proceeded to inspect the new FIRS headquarters currently under construction in the Central Area of Abuja. The inspection aimed to assess the progress of the building project, which is expected to house the agency’s operations in a more modern and efficient environment.
During the site visit, the committee evaluated the construction work completed to date, engaging with representatives from the construction company to discuss timelines and any potential challenges. The committee expressed satisfaction with the progress made so far and noted that the contractor has committed to completing the project by the end of next year.
“We are encouraged by the level of work done and the commitment shown by the contractor,” Chief Faleke stated. “This new headquarters will not only enhance the operational capacity of the FIRS but also provide a conducive working environment for staff, ultimately benefiting taxpayers through improved service delivery.”
The oversight visit is part of the House Committee’s broader strategy to ensure that public funds are utilized effectively and that agencies like the FIRS are held accountable for their performance. As Nigeria continues to grapple with economic challenges, the committee’s efforts to monitor revenue generation and fiscal management are more critical than ever.
Rt. Hon. James Faleke and other members of the committee at the ongoing construction site of the FIRS
Chief Faleke concluded the visit with an optimistic outlook, stating, “We remain hopeful that the FIRS will continue to thrive in its mission to enhance revenue collection and compliance across the nation. May Nigeria continue to thrive as we work together to strengthen our financial institutions and improve the lives of our citizens.”
As the construction of the new FIRS headquarters progresses, the committee will continue to monitor developments, reaffirming its commitment to oversight and accountability in Nigeria’s financial sector.