The Chairman of the Federal Inland Revenue Service, FIRS, Zacch Adedeji on Wednesday urged Nigerian youths to be involved in tax matters to have a clear understanding as it was in their best interest.
He spoke at a Town Hall meeting jointly organized by the Office of the Senior Special Assistant to the President on Citizenship and Leadership, OSSAP-CL, and the Federal Inland Revenue Service, FIRS.
He said, “The Renewed Hope administration of President Bola Ahmed Tinubu, recognizes the immense potential of Nigeria’s youth and is actively working to empower them.
“President Tinubu is a leader who listens and cares genuinely about the youth.”
Adedeji, who was represented by his Special Adviser on Research and Statistics, Associate Prof. Aisha Mahmoud Haman, said. “Taxation is both a fiscal tool and a social contract, which should be voluntarily paid by everyone who is taxable.
Also at the event was the Special Assistant to the President on Citizenship and Leadership, Ms Rinsola Abiola.
She explained that the Tax Reforms driven by President Bola Tinubu are focused on empowering supporting and building a better economic future for young Nigerians to thrive.
The SSA to the President pointed out that the reforms were crafted in the best interest of the country, which she believes would support young professionals, business owners and salary earners as well.
Abiola was emphatic that young people are no longer leaders of tomorrow but they should actively participate in shaping economic policies of government for a robust future.
“By fostering entrepreneurship and job creation, young people contribute to expanding the tax base and generating revenue for national development,” she said.
Part of the reasons for the tax reforms, the Presidential aide said, was to support youth, including funding for startups, digital skills training, and reforms aimed at easing the cost of doing business.
Tax Reforms in best interest of Nigerian youths – FIRS Chairman
