The Senate on Tuesday, October 31, confirmed the nomination of Zacchaeus Adedeji as the chairman of the Federal Inland Revenue Service (FIRS).
His confirmation followed a majority decision by senators after he was screened during a plenary session in Abuja.
In his brief interaction with the Senators, Adedeji promised to improve the data mining capacity of the FIRS to make appropriate tax decisions.
He attributed revenue leakages to lack of data on the finances of local and foreign firms operating in Nigeria, affirming that ; “we will improve our data mining capacity, develop the data upon which will we make decisions on taxes.”
He promised to reassess the Federal Government’s Tax Credit Scheme, which grants some corporations tax holidays in exchange for the provision of infrastructure.
