The Federal Inland Income Service has debunked feedback made by former Vice President Atiku Abubakar over the appointment of Xpress Funds as one of many platforms used for nationwide income assortment.
In an announcement issued on Sunday by the Technical Assistant on Broadcast Media to the Govt Chairman of FIRS, Arabinrin Atoyebi, the company described Atiku’s remarks as inaccurate and able to creating confusion about its operations.
“His assertions are incorrect, deceptive, and danger unnecessarily politicising a purely administrative and technical course of,” the assertion mentioned.
Atoyebi famous that the FIRS operates a multi-channel revenue-collection framework and doesn’t grant monopoly to any non-public organisation.
She listed a number of the Fee Answer Service Suppliers presently in use, together with Quickteller, Remita, Etranzact, Flutterwave, and XpressPay, as a part of its efforts to make tax funds simpler and extra environment friendly.
“For readability, the FIRS doesn’t function any unique or single-gateway revenue-collection association, and no non-public entity has been granted a monopoly over authorities revenues,” the assertion mentioned.
The company additional clarified that PSSPs don’t accumulate income on behalf of the federal government and don’t earn a share of presidency funds.
“All revenues collected by means of these channels go instantly into the Federation Account, with out diversion, intermediaries, or non-public management. No PSSP has entry to, or custody of, authorities funds,” it added.
Highlighting key options of the present framework, FIRS mentioned the expanded system was designed to eradicate dominance by any single platform, enhance accountability, and assist innovation and job creation inside the fintech sector.
Atoyebi careworn that PSSP onboarding is a clear process that ensures fairness and possibilities for all eligible members.
She added that the continuing nationwide tax reform, led by the Presidential Committee on Fiscal Coverage and Tax Reforms, is targeted on modernizing Nigeria’s financial system and shouldn’t be dragged into political disputes.
“This reform has come to remain and shouldn’t be dragged into partisan controversy,” the assertion mentioned.
The FIRS urged political actors to keep away from mischaracterising routine administrative actions, stressing that the tax administration course of “is simply too necessary to be subjected to misinformation or pointless alarm.”
The company reaffirmed its dedication to transparency, professionalism, and strengthening the nationwide income system for the good thing about Nigerians.
