The Federal Inland Revenue Service (FIRS) has commended the Economic and Financial Crimes Commission (EFCC) for its pivotal role in helping Nigeria achieve the federal government’s 2025 revenue target.
FIRS Executive Chairman, Zach Adedeji, gave the commendation on Tuesday in Abuja during a courtesy visit to EFCC Chairman, Ola Olukoyede, at the Commission’s headquarters.
Adedeji noted that while President Bola Ahmed Tinubu had recently lauded FIRS for surpassing revenue expectations, it was important to also acknowledge EFCC’s contribution to the achievement.
“If you listened to Mr. President last week, we were praised to high heavens for meeting our revenue target.
“But it is wrong to assume we did it alone. We are here to convey Mr. President’s appreciation to our partners,” he said.
He stressed the importance of sustained collaboration as the government prepares for the next budget cycle, with a focus on reforming expenditure frameworks and improving voluntary tax compliance.
In his response, Olukoyede congratulated FIRS for meeting its revenue target ahead of schedule, describing the feat as unprecedented.
“I’m not sure there has been any time in Nigeria’s history when we met our revenue target by August. This is no small feat, and it shows your commitment,” he said.
The EFCC chairman reaffirmed the Commission’s commitment to joint efforts with FIRS in combating tax fraud and promoting transparency in public finance.
He pointed to a recent Court of Appeal judgment affirming EFCC’s powers to investigate tax-related offences as a boost to its mandate.
Olukoyede also congratulated FIRS on the passage of the Revenue Act, set to take effect on January 1, 2026, expressing optimism that the legislation would further strengthen Nigeria’s economic stability.
