INLAND REVENUE DEPARTMENT
Director: Okongwu Udodirim Eziaku (Mrs)
The department has the following functions:
- Monitor regularly revenue collections/remittances of the Federal Inland Revenue Service (FIRS).
- Collate and analyze data on revenue collections/remittances by the Federal Inland Revenue Service (FIRS).
- Demand and obtain relevant information on revenue collections /remittances from the Federal Ministry of Finance (FMF), Office of the Accountant-General of the Federation (OAGF) and other relevant Agencies in respect of Federal Inland Revenue Service (FIRS).
- Create, maintain and up-date a comprehensive data bank for the Federal Inland Revenue Service (FIRS) in respect of revenue collections/remittances into the Federation Account.
- Monitor FIRS Stamp Duty collections
- Evaluate revenue generation trends in order to block the revenue leakages accruing to the Federation Account.
- Represent the Commission at the following meetings
- monthly meetings of the Federal Ministry of Finance (FMF), Office of the Accountant-General of the Federation (OAGF) and other relevant Agencies.
- Joint Tax Board (JTB);
- Technical Sub-Committee of CBN, Lagos in respect of revenue collections/remittances by Federal Inland Revenue Service (FIRS);
- Presidential Revenue Monitoring Committee meetings in respect of revenue collections/remittances by Federal Inland Revenue Service (FIRS); and
- Inter-Ministerial Committee meetings on Reconciliation and Monitoring in respect of revenue collections/remittances by Federal Inland Revenue Service (FIRS);
- In conjunctiuon with the State Offices Department Liaise with Zonal/State Offices quarterly for effective reconciliation of the revenue from the Federal Inland Revenue Service (FIRS).
- Organize training programs/needs for the staff of the Department in conjunction with the Administration and Human Resources Department.
- Prepare Departmental annual report and submission of same to the Planning, Research and Statistics Department on or before end of first quarter of the following year.
- Provide administrative, technical and professional support to the Inland Revenue Monitoring Committee (IRMC).
- Any other duties that may be assigned by the Chairman or the Commission.