The Senate on Tuesday confirmed Mr. Zacchaeus Adedeji as Chairman of the federal government revenue-earning agency, the Federal Inland Revenue Service (FIRS).

His appointment was consequent on the retirement of the immediate past chairman of the agency, Muhammad Nami.

Making presentations before the lawmakers during his screening session, Adedeji attributed the leakages in revenue earnings to a lack of data on the finances of local and foreign firms operating in Nigeria.

“We will improve our data mining capacity. We will develop the data upon which will we make decisions on taxes,” he said.

Specifically on leakages in the upstream sector of the oil and gas industry, the Chairman of the FIRS noted that proper data “will enable sufficient information on the exact number of vessels of crude brought into the county and the concomitant tax. The data would also be used to identify those in affluence who pay insufficient tax.”

Adedeji promised to create a robust data system that tracks the number of crude oil vessels entering the country and the corresponding taxes.

He also assured the lawmakers that his leadership would look into the Federal Government’s tax credit scheme, which grants some corporations tax holidays in exchange for the provision of infrastructure.

Follow Our WhatsApp Channel ______________________________________________________________________________________________________

[A MUST HAVE] Evidence Act Demystified With Recent And Contemporary Cases And Materials

“Evidence Act: Complete Annotation” by renowned legal experts Sanni & Etti.

Available now for NGN 40,000 at ASC Publications, 10, Boyle Street, Onikan, Lagos. Beside High Court, TBS. Email publications@ayindesanni.com or WhatsApp +2347056667384. Purchase Link: https://paystack.com/buy/evidence-act-complete-annotation

______________________________________________________________________ “Enhance Legal Practice With Authoritative Reports” — Alexander Payne Offers Comprehensive Law Reports, Spanning Over A Century Of Nigerian Jurisprudence

Interested buyers are encouraged to place their orders and enquiries via: 0704 444 4777, 0704 444 4999, 0818 199 9888 Website: www.alexandernigeria.com

______________________________________________________________________ Groundbreaking Guide For Lawyers: Adigwe Publishes ‘Artificial Intelligence For Lawyers’ With Free Research eBook The book also examines Nigeria's legal ecosystem, focusing on the LPELR and NBA AI Guidelines. As a bonus, every purchase comes with a FREE eBook titled: How to Use the AI Features in LegalPedia and LawPavilion. Ohio Books Ltd praises the publication, stating: "....this is the only Nigerian book I know of on the topic." How to Order: 📞 Call, Text, or WhatsApp: 08034917063 | 07055285878 📧 Email: benadigwe1@gmail.com 🌎 Website: www.benadigwe.com Ebook Version: Access it directly online at https://selar.com/prv626 Authored by Ben Ijeoma Adigwe Esq., ACIarb (UK), LL.M, Dip. in Artificial Intelligence, Director at the Delta State Ministry of Justice, Asaba, Nigeria. ______________________________________________________________________