The Acting Executive Chairman of Federal Capital Territory Internal Revenue Service (FCT-IRS), Mr Haruna Abdullahi, said funding FCT Budget with 100 per cent from Internal Generated Revenue (IGR) source is possible with collaboration and synergy with other revenue-generating agencies in the territory.
Abdullahi stated this when he received the delegation from the Directorate of Road Traffic Services (DRTS) led by its Director, Alhaji Wadata Aliyu Bodinga at the Services headquarters in Abuja.
According to Abdullahi; “We hope to see that FCTA will fund its budget 100 per cent from the IGR so that whatever comes from the Federal Government as allocation, will be a surplus for them.
“From the management to the board and all other stakeholders, this is what we want and will be excited about this development, talking and finding solutions.
“We are passionate about harmonisation, I mean to harmonise the whole collection processes,” he explained.
The Acting Executive Chairman reassured the team of the Service’s continued support, stating that FCT-IRS has been working tirelessly to raise and enhance the revenue base in the FCT.
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He said in view of this, he would continue to extend hand of friendship across all revenue generating agencies in the territory.
Abdullahi also said that the Service would review the priorities of DRTS in order to identify more areas for sustainable collaboration in order to enhance revenue generation.
In his remarks, the DRTS’ Director, Bodinga said the visit was targeted at three major areas; collaboration, support and training.
He stated that DRTS under his leadership was committed to ensuring safety and orderliness in the FCT as well as to strengthen the existing collaboration between DRTS and FCT-IRS to boost revenue generation.
The Head of Planning, Research and Statistics, DRTS, Mr Wale Durojaye, expressed the readiness of DRTS to provide data, reports and projections needed to facilitate FCT-IRS collection.
Meanwhile, following the hitches experienced by taxpayers in the last few days due to Server failure, the Management of Federal Capital Territory Internal Revenue Service (FCT-IRS) has extended the filing of annual returns to March 31, 2022 for organisations or agents.
The deadline for the filing of annual returns for the employers, agents or organisations was due on January 31 but the extension was necessitated because of the technical challenges.
The management however apologises to its esteemed taxpayers for the difficulty and challenges experienced in the process of payment and other services via the online channels in the past few days due to an unexpected downtime on its server.
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FCTA to fund budget 100% through internal generated revenue ― Abdullahi
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