© Imaobong UMOEKAH

Determined accurately and promptlyto providing information of Corporate Customers’ transactions above ₦10 Million and individuals above ₦5 Million, Nigeria Federal Inland Revenue Service (FIRS) has developed a portal called Deposit Money Banks (DMBs).

The momentum was awarded the International Standard Organization (ISO) 27001:2013 on the 6th of October 2021.

Speaking concerning the ISO Certification, FIRS Chairman Muhammed Nami, assures that the DMBS is secure, and that the data processes and data it possesses are secure as well as the taxpayer information it holds and receives within Nigeria and across the world.

“Deposit Money Banks (DMBs) is sacrosanct as the conduct of field tax audit and physical reconciliation of tax audit cases posed a serious challenge due to Covid-19.

“There are security challenges experienced in some parts of the country has slowed business activities thereby impacting negatively revenue collection. We also have inadequate data from 3rd parties on non-compliant or unregistered taxpayers, Tax evasion and tax avoidance, among other constraints,” said Nami.

This is an additional achievement of the Nami’s vision of leadership.


The President charged them to focus on profitability and operate at par with its industry peers across the world.

Press Release

President Muhammadu Buhari Friday in Abuja urged the Board of the newly incorporated Nigerian National Petroleum Company (NNPC) Limited to ensure strict compliance with Corporate Governance principles that place premium on doing business with the highest ethical standards, integrity, and transparency.

Inaugurating the Board chaired by Senator Margery Chuba Okadigbo, the President charged them to focus on profitability and operate at par with its industry peers across the world.

”I expect the NNPC Limited to be mindful of our commitments to our net carbon zero aspirations and to ensure total alignment with the global energy transition realities,” he said.

The President reminded the Board members that they came on board as a result of the reforms put forward by the Petroleum Industry Act (PIA) 2021, which seeks to reposition the Nigerian petroleum industry to a commercially viable and competitive industry in line with global business dynamics and best practices.

”The Nigerian National Petroleum Company Limited is mandated to focus on profitability and continuous value creation beyond the simple fulfilment of legal and regulatory requirements.

”NNPC Limited is expected to operate at par with its industry peers across the world, while acting as Enabler Company that will foster the development of other sectors of our Economy.

”The inauguration of this Board is a major step in the ongoing transition to a more viable petroleum industry that will attract investment to support our economic growth and generate employment to millions of our people,” he said.

President Buhari directed that there should be full alignment and synergy between NNPC Limited, the Upstream Regulatory Commission and the Midstream & Downstream Regulatory Authority in compliance with the provisions of the law in all respects to deliver the onerous reforms envisaged for the energy industry.

”NNPC Limited is expected to operate at par with its industry peers elsewhere in the world, while acting as Enabler Company that will foster the development of other sectors of our Economy.”

While thanking the leadership and members of the National Assembly for their seamless support in the journey towards a viable, accountable and transparent energy industry, the President said he would count on the professional insights and ethical conduct of the Board members to ensure the delivery of his administration’s promises to Nigerians.

In his remarks, the Minister of State, Petroleum Resources, Timipre Sylva, said under the present administration a lot has been achieved in the petroleum industry, including the signing of the PIA, the registration of NNPC Limited as a CAMA company and the inauguration of the Board of the NNPC Limited.

”Mr President this is history in the making because this is the first time any President of the Federal Republic of Nigeria is inaugurating an independent board of an independent NNPC Limited. This, however, puts a lot of responsibility on the shoulders of those inaugurated and those of us in the Ministry of Petroleum Resources,” he said.

The following Board members were inaugurated: Senator Okadigbo, Chairman, Mele Kolo Kyari, Chief Executive Officer, Umar I. Ajiya, Chief Financial Officer, Dr Tajudeen Umar (North East), Mrs Lami O. Ahmed (North Central), Mallam Mohammed Lawal (North West), Engr. Henry Obih (South East), Barrister Constance Harry Marshal (South South), Chief Pius Akinyelure (South West), Dr Nasir Sani Gwarzo, Permanent Secretary, Ministry of Petroleum Resources and Aliyu Ahmed, Permanent Secretary, Minister, Finance, Budget and National Planning.

Femi Adesina

Special Adviser to the President

(Media & Publicity)


Muhammad Nami, the Federal Inland Revenue Service (FIRS) boss had been elected the President of the Commonwealth Association of Tax Administrators (CATA).At about 11 am, on Friday, November 12, 2021, there was a buzz among tax aficionados: He is the first Nigerian in the history of CATA to be so elected. 

CATA is an association constituted at the meeting of the Commonwealth Finance Ministers in Barbados in 1977 to promote the improvement of tax administration within the Commonwealth with particular interest in developing countries. In 1978, 26 countries, including Nigeria formed CATA; the membership has grown to 47 today. 

All 47 member countries of the Association unanimously elected Muhammad Nami to lead them. The excitement was palpable. Beyond that, it held an aura that spoke more than the applause that followed Muhammad Nami’s acceptance speech. 

The applause of those excited representatives at the virtual session of the fifteenth General Meeting of CATA was a call to hope, for ideas, and for a leader to take on global taxation problems and fix them. 

Ordinarily, the General Meeting would have been a physical event. Alas, the 2021 General Meeting was a virtual one. No thanks to the ruthless Coronavirus pandemic that has disrupted everything; from lives to jobs, to healthcare, to travel, to family, and for the men and women present at that virtual meeting, government revenue. As such it behoved on them to elect an individual that would break the mould of Covid-19 on government revenues. 

Muhammad Nami knows this. Like every leader in tax administration. His country, Nigeria saw the woes of the pandemic: income for the government dwindled, jobs were lost and the burden to seek revenue introduced a desperate situation — get money wherever it can be found. This responsibility rested on his shoulder. And he has so far delivered. 

In 2020 when the Coronavirus pandemic struck, economies across the world were battered and most countries suffered fiscal shocks. Revenue authorities could not shore up enough funds to meet the needs of government to execute their mandates. Despite the fiscal chaos, the FIRS was able to meet 98% of the national tax target for that year. 

It had collected total tax revenue of over 4.952 trillion Naira, a little short of the target of N5.07 trillion the Federal Government had set for it. This near 100% feat was phenomenal. It was coming in the same year the pandemic had shrunk business activities, lockdowns had frustrated commerce, while tax exemptions had been given to small companies and tax waivers had been granted by the FIRS to cushion the effects of the pandemic.

In the same year, the Service under Nami achieved 109% of its non-oil tax collection target. 

How were all these possible, even in the face of a raging fiscal plunderer? 
Nami came into office with a mindset of reform and result. He drew up a roadmap of the objectives he was seeking for the FIRS: rebuild its institutional framework; collaborate better with stakeholders; make the FIRS a customer-centric institution and make the institution data-centric.

These objectives have underpinned all decisions he has made as Executive Chairman of the FIRS. It is not a surprise that within the second year of his time in office he has deployed the revolutionary TaxPro Max: FIRS’ homegrown digital platform for tax administration which allows taxpayers to register, file returns and pay their taxes easily from any location other than their respective tax offices. 

Then he set up the Tax Incentive Management Department to monitor and take charge of the tax affairs of enterprises enjoying tax exemptions and holidays and ensuring they do not take undue advantage of their status as a cover to earn taxable income and refuse to pay taxes on such income. 

“Data is the new oil” is an aphorism Nami rehashes often. In line with that thought he set up the Intelligence, Strategic Data Mining and Analysis Department of the FIRS— a department to mine data, analyse it and make sense of the transactions happening across the country and the world for tax administration. 

The world is experiencing change and uncommon dynamics with technology at the forefront of the disruption. Nami has consistently advocated for reforms of operations, processes and tax laws, while pursuing the adoption of technology for revenue mobilisation and improved human capital development for tax administrators to be ahead of the curve. 

Nigeria’s annual review of its Finance Act, a ritual that the FIRS boss has been a part of, is a template that fiscal reformers, serious about tackling revenue challenges should adopt. 

It was the Finance Act of 2020 that gave the FIRS the legal backing to deploy technology for tax administration. Without that amendment to the FIRS Establishment Act, the successes recorded by the adoption and deployment of the TaxPro Max would not have witnessed the jubilation it has today. The Act also created more avenues for the tax authority to investigate long-abandoned potential sources of revenue; in the proposed 2021 Finance Bill, the FIRS is to be given greater powers for revenue collection. 

Among others, it proposes a single tax administration authority that would ensure certainty of tax liability and ease of payment of taxes, which means that Nigeria is poised to generate far more revenue than it has done previously.

The Commonwealth nations are looking forward to the leadership of Muhammad Nami to taxi CATA through the turbulence of today’s complexities and provide new thinking, strategic leadership and reform-minded development to the body of tax administrators, as is being witnessed in Nigeria. 

On Friday, November 27, 2021, Muhammad Nami walked into the United Kingdom’s Treasury House for his first face-to-face meeting with members of the CATA Secretariat, as well as representatives of the United Kingdom’s Tax Authority – Her Majesty’s Revenue and Customs (HMRC). Mr Duncan Onduru, the Association’s Executive Director briefed the new President on the governance and structure of the office, as well as the prospects and challenges the Association was facing. 

“We cannot afford to discuss taxation without technology anymore,” Muhammad Nami quipped as he made his remarks to those present at the meeting. True to reality, tax administration must be in tune with modern technological advancements. And in fact, ahead of it. 

For Nami, four items are top on his agenda for the Commonwealth Association of Tax Administrators: improve the capacity of members to meet up with the dynamics of today especially in technological advancements; promote the Multilateral Commonwealth income Tax Relief for all member countries; promote the Bilateral Avoidance of Double Taxation Treaty among member countries; and forge strategic partnerships with developmental and multilateral institutions, for support in capacity building for CATA members. 

In the next three years, the worth of Muhammad Nami’s over thirty years’ experience as a tax consultant, administrator and reformer would be put to test, again. The Nigerian template, whose results the numbers are already boasting of, is a ready gift to the Commonwealth. Expectations are high, given the uncommon times Nami has met in office. Yet the FIRS boss has shown that he has the right mindset, solid records and capacity to lead CATA. The Commonwealth awaits his reforms and results. 

Johannes Oluwatobi Wojuola is the Special Assistant on Media & Communication to the Executive Chairman of the Federal Inland Revenue Service (FIRS) Muhammad Nami


Dignitaries have continued to shower encomiums on the Akwa Ibom State Deputy Governor, Mr. Moses Ekpo, as he marks his 80th birth anniversary today, Wednesday, 22nd December, 2021.

One of such dignitaries is the Hon. Commissioner for Information and Strategy, Comrade Ini Ememobong who alongside members of the management team of his Ministry, paid to the official residence of the Deputy Governor at the Government House, Uyo.

While hailing the Deputy Governor for his untiring support for Governor Udom Emmanuel’s administration and his Completion Agenda, Comr. Ememobong said, “Your Excellency, we came bearing gifts to celebrate with you today on your birthday. We also want to celebrate your numerous contributions towards the development of Akwa Ibom State and Nigeria in general. As a Ministry, we are also very proud of your legacies as the Poineer Commissioner for Information and your achievements”.

Responding, the visibly elated Ekpo expressed his appreciation to the team for the visit and their kind gestures.

Ekpo said, “Thank you has become a cliché and insufficient to express one’s desire, but I pray that God in His infinite mercy will place men everywhere to celebrate you and your entire families as you celebrate me everyday”.

Highpoint of the visit was the presentation of various souvenirs to the celebrator in commemoration of his 80th birth anniversary.

~ Lawrence Ekong

Assessing Nami’s Two Years At The Helm Of The Federal Inland Revenue Service

By Bernard Okri

In the second week of December 2019, when President Muhammadu Buhari announced the nomination of a certain Muhammad Nami to be the forerunner of the Federal Inland Revenue Service, many were taken by surprise.

Known very well to staff of the FIRS, who he met during his many visits seeking tax clearance and other regulatory documents for his client, Nami was not your populist political appointee at that time. His resume was not partisan. But bold on his resume was the fact that he was a tax man. He had risen at the PKF International to the position of senior consultant in charge of tax management and advisory services, he founded Manam Profesional Services — a chartered tax practitioners and business advisers firm. He had also served as a member of the Presidential Audit Committee on Recoveries, recovering loot from looters across the country. He is also a fellow of the Chartered Institute of Taxation, the Chartered Institute of Forensice and Investigation Professionals in Nigeria, the Institute of Debt Recovery Practitioners of Nigeria and an Associate Member of the Nigerian Institute of Management (Chartered) and Association of National Accountants of Nigeria.

If we were to judge by Mr. Nami’s experience and qualifications, he fits into the character to lead the FIRS. His credentials speak to a sound administrator and tax man indeed. Two years on, since he officially resumed as the Chairman of the FIRS, there is so much to assess of his leadership. What has he done differently? What reforms has he brought to the tax administration space? What legacies is he certain to leave? What makes Mr. Nami a worthy appointee?

When Mr. Nami resumed at the FIRS he is reported to have called his management team together to inform his vision and objectives for his tenure. He summarised what he wanted to achieve in a four-point agenda: to rebuild the FIRS institutional framework; to improve collaboration with stakeholders; to make the FIRS a Customer-centric institution and to make the FIRS a Data-centric institution.

How has he faired on this? On the institutional framework of the FIRS: before he came on board the FIRS was mostly a notorious institution. It had become the financing house for rave events and parties across the big cities in Nigeria. There was corruption here and there. Staff morale was low; most of their jobs had been handed over to consultants. Several allowances had not been paid, and there was no boost to do the work. One of the first things the new FIRS Chairman did was to end the contracts of over 2,000 tax consultants previously hired and gave the job of tax administration back to the FIRS staff. As it should have been.

Under him, the management approved a new structure for the FIRS. The new organogram was designed to create improved service delivery to taxpayers. It introduced taxpayer segmentation where Large Taxpayers, Media Taxpayers and Small Taxpayers offices were created. The Audit and Investigation Departments were also reviewed for effectiveness. With the new boss on ground, the FIRS Annual Corporate Retreat was reintroduced to provide staff the opportunity to discuss their work, network, review the workings of the Service and improve on their capacity to deliver.

Mr. Nami further established the Tax Incentive Management Department to monitor companies and enterprises that were benefitting from tax holidays and tax exemptions, and ensuring that they were not making taxable profits and refusing to pay taxes on those income.

One major legacy of the Mr. Muhammad Nami led FIRS would be his deployment of technology to transform tax administration. He has been consistent in his commentary on this. Tax administrators would remain in the brick and mortar age if they do not bring their work to be in line with technological advancement. As the world progresses, and advancements in technologies are recorded, for any sector of human life to engage with the dynamics of the world, it must be technologically advanced too.

Mr. Nami takes the credit for courageously deploying technology in the FIRS for tax administration. With the amendment of the FIRS Establishment Act through the Finance Act 2020, where the Service was given the powers to use technology for tax administration, the FIRS deployed its home-made solution called Tax-Pro Max to register tax payers, receive filings from them, and receive payments too.

The TaxPro Max is the first of its kind in Nigeria. Its deployment in June this year was a bold move by the FIRS against many odds. It has cut off suspect middle-men from the tax filing processes and has made tax administration far easier and in line with global standards.

It was thus not surprising to see that the FIRS collected N664 billion Naira in the month of June 2021 alone. This was the single highest amount ever collected in a month by the Service since the covid-19 pandemic started.

In line with building a data-centric institution, Mr. Nami set up the Intelligence, Strategic Data Mining and Analysis Department (ISDMA) to deploy analytical tools to analyse data mined from the revolutionary TaxPro Max to properly asses taxpayers.

The FIRS has also improved its relationship with various stakeholders within the government finance networks as well as the security departments and agencies. This has allowed for the Service to receive more information on taxpayers, easily track tax defaulting and enforce compliance.

The world saw all these and honoured Mr. Nami with the extra job of leading the Commonwealth Association of Tax Administrators (CATA) as the association’s President. On the 12th of November Mr. Nami was elected unanimously as the President of CATA. This election was a testament to the work that he has been doing here in Nigeria. It was a recognition and an affirmation of his success stories, and the call for him to take leadership of global taxation matters.

In December 2020, the FIRS announced that it had collected a total of N4.95 trillion compared to its target of N5.07 trillion. This was an uncommon feat: it happened despite the covid-19 pandemic, and meant the FIRS had met up to 98% of its target. 

Mr. Nami has indeed proved the naysayers wrong, countless times. His records in the last two years are enviable and rich. He has kept to his four-point objective in rebranding and reforming the FIRS to be one of Nigeria’s leading government institutions. He is indeed, as a friend describes him, Nigeria’s Tax Pilot.

Bernard Okri is the President of the Global Economic Policy Initiative (GEPIn)

“Alone you come, alone you will go” – Annie Idibia shares cryptic post

Annie Idibia, a Nollywood actress and 2face’s wife, has been posting cryptic messages on Instagram. On Monday, she said on her Instagram page, “Respect your elders.” Karma is a genuine thing. “Alone you come…alone you shall go” was later added to the post that appeared to have been removed. Related Video

“Alone you come, alone you will go” – Annie Idibia shares cryptic post

Armed robbers attack Ibadan Poly, shoot lecturer

In the early hours of Monday, December 20, suspected armed robbers invaded the Polytechnic of Ibadan. Mr Soladoye Adewole, the institution’s Public Relations Officer, told the News Agency of Nigeria (NAN) that the attack took place around 12:30 a.m. at the polytechnic’s North campus. During the raid, the thieves stormed the institution’s staff quarters and […]

Armed robbers attack Ibadan Poly, shoot lecturer

Reactions pour in as photos from a Catholic church in Abuja celebrating mass using African cultural items surface online

Following the recent celebration of mass at the St. Lukes Catholic church in Kubwa, Abuja, using African traditional objects, reactions have poured in. Young guys dressed in white singlets with a wrapping tied around their waists and white chalks used to place dots on some regions of their bodies followed the priests to the altar. […]

Reactions pour in as photos from a Catholic church in Abuja celebrating mass using African cultural items surface online

Finance Minister To RMAFC: Your Job Is To Monitor, Not Collect Revenue

The Honourable Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed Shamsuna has restated the constitutional role of the Revenue Mobilisation, Allocation and Fiscal Commission (RMAFC), on the monitoring of accruals and disbursements of revenue from the Federation Account, pointing that the powers of the commission as constitutionally stated do not relate to collection of revenue by the Commission.

The Minister explained this during the Public Hearing on the Finance Bill 2021 before the Senate Committees on Finance, Custom, Excise & Tariff, and Trade and Investment, today, while responding to observations and recommendations to the Finance Bill by the RMFAC.

Highlighting provisions of the Constitution, the Minister noted that: “The functions of the Revenue Mobilisation, Allocation and Fiscal Commission is provided under Paragraph 32 (a-e) of Part 1 to the Third Schedule of the 1999 Constitution [of the Federal Republic of Nigeria].

“It is limited to the monitoring of the accruals to and disbursement of revenue from the Federation Account.

“The commission is also empowered to advise the Federal and State Governments on fiscal efficiency.

“There is no constitutional role provided to the RMAFC to collect revenues.

“We are only further empowering the FIRS to do what the law has mandated it to do, its constitutional role.” She stated.

Supporting the position of the Minister, the Executive Chairman of the Federal Inland Revenue Service (FIRS), Muhammad Nami stated that while in fact the mandate of the RMAFC was not exclusive, as the Budget Office, the Office of the Attorney General of the Federation, the Auditor General, among others have concurrent mandates to monitor, account for and audit revenues, only the FIRS has a sole mandate to collect and administer tax in Nigeria.

“Section 162(1) of 1999 constitution, suggests that the Federal Government is to maintain the Federal Account but that account is to be funded by four agencies of Government. These are: the Federal Inland Revenue Service, the Nigeria Custom, the Department of Petroleum Resources and the Nigeria National Petroleum Corporation.

“What the Federal Executive Council and RMAFC do with the money that four of us collect is not an issue for us because we do not have responsibility to directly monitor the disbursement of what we have collected.

“We are not aware of any provision that mandates the RMAFC to make daily, monthly or annual returns to the Federation Account.

“Section 80 of the Constitution of the Federal Republic of Nigeria also talks about maintaining a consolidated revenue account or fund.

“I want to remind us that RMAFC’s mandate remains monitoring revenue, particularly the operating surplus of Ministries, Departments and Agencies because RMAFC, to the best of our understanding, is not a revenue generating unit.

“The RMAFC Act Cap 17 LFN 2004 empowers them to demand and obtain regular and relevant information from NNPC, Nigeria Customs, FIRS, CBN and Federal Ministry of Finance.

“But that provision has not mandated RMAFC to take-over the roles of any or all of these agencies and the Federal Ministry of Finance. Monitoring is not the same as collecting and administering.

The Chairman of the Commission, Engineer Elias Mbam had raised objections to provisions of the Finance Bill 2021, claiming that the proposed amendments to the FIRS Establishment Act that states that the FIRS shall be the primary agency of the Federal Government responsible for the administration, assessment, collection, accounting and enforcement of taxes and levies due to the Federation and the Federal Government or any of its agencies, stating that this provisions “will infringe on the Commission’s constitutional mandate of monitoring accruals to and disbursement of revenue from the Federation Account as well as revenue payable into the Consolidated Revenue Fund of the Federation.”

He further added that the amendment would “foreclose or prevent RMAFC from monitoring tax revenue from FIRS.”

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