Exempt us from subsidy probe, FIRS tells Reps

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The Federal Inland Revenue Service has told the House of Representatives’ Ad Hoc Committee to Investigate the Petroleum Products Subsidy Regime from 2013 to 2022 to excuse it from the ongoing probe into the payments of subsidy on Premium Motor Spirit (petrol) by the Federal Government.

The Executive Chairman, FIRS, Muhammad Nami, told the committee at its continued investigative hearing in Abuja on Thursday that the Service only collects revenue for government and does not keeps records of how the monies are spent.

Nami, who was represented by the Coordinating Director, Compliance Support Group, FIRS, Dr. Dick Irri, stated that the role of the agency, as prescribed by the Act establishing it, is limited to the assessment of taxpayers, collection of taxes, accounting for and enforcement of taxes that were due to the government of the Federation.

He said, “The Service’s statutory functions remain that of assessment, collection, accounting, and enforcement of payment of taxes that are due to the Government of the Federation and any of its agencies. “Taxes collected by the FIRS are usually shared amongst the three tiers of the government in line with the Constitution of the country. FIRS does not maintain records of what the funds are used for by the three tiers of government. The Service also does not have the power to ask for such records.”

 

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No one should be exempted!!

Another Drama...what a country.

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