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Africa Housing News > Blog > News > FIRS, EFCC Move to Deepen Partnership on Compliance and Transparency
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FIRS, EFCC Move to Deepen Partnership on Compliance and Transparency

Treasure Chuka
Last updated: 2025/09/10 at 1:43 PM
Treasure Chuka Published September 10, 2025
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The Federal Inland Revenue Service (FIRS) has praised the Economic and Financial Crimes Commission (EFCC) for its role in helping Nigeria achieve the Federal Government’s 2025 revenue target.

FIRS Executive Chairman, Zacch Adedeji, gave the commendation on Tuesday when he led a management team to visit EFCC Chairman, Ola Olukoyede, at the Commission’s headquarters in Abuja.

Adedeji said the EFCC’s support had been instrumental to fiscal stability, noting that Nigeria’s recent revenue performance could not be attributed to the FIRS alone.

“If you listened to Mr. President last week, he commended us for meeting the revenue target. But the truth is, we could not have achieved this without our partners, particularly the EFCC,” he said.

The FIRS boss explained that the visit was both an appreciation and a call for closer collaboration in boosting voluntary tax compliance and ensuring transparency in public expenditure.

He added that sub-national governments had also benefitted from improved inflows, which he partly credited to EFCC’s interventions.

In his response, EFCC Chairman, Ola Olukoyede, congratulated the FIRS on surpassing the 2025 revenue target months ahead of schedule, describing it as unprecedented in Nigeria’s history.

“I’m not sure we have ever met a revenue target by August. This shows the level of commitment and collaboration involved,” he said, stressing that the partnership between both agencies sends a strong message to taxpayers.

Olukoyede reaffirmed that tax-related offences fall within the EFCC’s mandate, citing a recent Court of Appeal ruling that validated the Commission’s powers to investigate and prosecute such cases.

He pledged to work closely with the FIRS to strengthen transparency and accountability in public finance, warning that revenue mobilisation without fiscal discipline would not resolve the nation’s economic challenges.

Olukoyede also commended the passage of the Revenue Act, due to take effect on January 1, 2026, expressing optimism that it would further enhance Nigeria’s economic performance.

“We are committed to supporting FIRS anytime. Together, we can ensure that revenue growth translates into meaningful development for Nigerians,” he stated.

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TAGGED: compliance, EFCC, FIRS
Treasure Chuka September 10, 2025 September 10, 2025
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