Close Menu
    What's Hot

    Kerosene Price Increases to N2,976.94 Per Litre in April- NBS

    May 29, 2026

    At 2026 Ojude Oba, FCMB Embraces Continuity and Enterprise

    May 29, 2026

    Oil Prices Decline as US-Iran Extend Ceasefire

    May 29, 2026
    Facebook X (Twitter) Instagram
    • Home
    • About Us
    Facebook X (Twitter) Instagram WhatsApp
    MarketForces AfricaMarketForces Africa
    Subscribe
    Saturday, May 30
    • Home
    • News
    • Analysis
    • Economy
    • Mobile Banking
    • Entrepreneurship
    MarketForces AfricaMarketForces Africa
    MarketForces Africa » MarketForces News » FIRS Wants Tax Compliance as Condition for Clearing Political Aspirants
    News

    FIRS Wants Tax Compliance as Condition for Clearing Political Aspirants

    Olu AnisereBy Olu AnisereMay 24, 2022Updated:October 11, 2025No Comments4 Mins Read
    Share Facebook Twitter Pinterest Copy Link LinkedIn Tumblr Email VKontakte Telegram
    FIRS Wants Tax Compliance as Condition for Clearing Political Aspirants
    FIRS
    Share
    Facebook Twitter Pinterest Email Copy Link

    FIRS Wants Tax Compliance as Condition for Clearing Political Aspirants

    Nigeria’s Federal Inland Revenue Service (FIRS), has recommended tax compliance as a prerequisite for clearing aspirants to contest elective positions in the country.

    The Executive Chairman of FIRS and Chairman, Joint Tax Board (JTB) Muhammad Nami made the recommendation at a meeting with the Independent National Electoral Commission (INEC) in Abuja on Tuesday.

    the meeting was also attended by the Chief Executive Officers of the Code of Conduct Bureau and the Independent Corrupt Practices and Other Related Offences Commission (ICPC).

    The meeting was aimed at strengthening collaboration among the agencies to ensure tax compliance among candidates in the upcoming elections.

    According to Nami, there is a need to promote measures aimed at strengthening the capacity for sustainable and inclusive tax administration in the country.

    He said that whoever does not pay tax should not be given taxpayers’ money to superintend.

    “It is important that political office holders pay their right taxes to enable the tax agencies to channel the funds for national development.

    “Tax payment has become a secondary matter because some of us are benefiting from social amenities achieved from money from oil,’’ he said.

    While emphasising that tax revenue was the most effective and sustainable way of generating funds required to drive social economy, Nami called for a reorientation that would make every income earner pay tax.

    “The challenge we face as a nation is that the tax Gross Domestic Product (GDP) in Nigeria is about the lowest in the whole world.

    “We must get our tax right. We must have a reorientation or reconstruction of our tax code.

    “Tax compliance is a constitutional obligation and it is our duty to ensure that every eligible citizen pays his or her tax promptly and accurately.

    “The 2023 election presents an opportunity for us to ensure the effective compliance of every political actor to showcase his tax agenda as part of the prerequisite for 2023 elections, ” Nami said.

    He further said that anyone whose tax status was not in harmony with their declared records should not be entrusted with public office.

    “Tax compliance, therefore, should be approved for holding political office as this is a global practice,’’ the FIRS boss said.

    On his part, the INEC Chairman, Prof. Mahmood Yakubu said “no specific law makes it mandatory for candidates for election to present evidence of payment of tax before they could contest the election”.

    He, however, pledged INEC’s commitment to relevant agencies to ensure that public office holders complied with Nigeria’s constitution and relevant laws, including payment of tax.

    “There is no specific law that makes it mandatory for candidates for election to present evidence of payment of tax before they can contest. READ: FHC Asks INEC, AGF to Show Why Emefiele Should Not Contest

    “But we understand the importance of this collaboration and we will collaborate with you.

    “All candidates for elected offices are required to complete the INEC nomination forms and to swear to an affidavit that they have fully and faithfully provided the requisite information to the commission.

    “We will collaborate with sister agencies to provide whatever information you require to facilitate your constitutional roles.

    “Leadership comes with enormous responsibilities at both the executive and legislative levels, and persons entrusted with that responsibility must respect the constitution and laws of this country.

    “And that is why agencies responsible for ensuring compliance with the constitution and laws of this government just like INEC have fully supported,” Yakubu said.

    The Chairman of ICPC, Bolaji Owasanoye, said that “false records presented by some public office holders is reflecting in the kind of governance in some places”. # FIRS Wants Tax Compliance as Condition for Clearing Political Aspirants

    CBN FGN
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email Telegram Copy Link
    Olu Anisere
    • Website
    • LinkedIn

    Olu Anisere is a financial and economic journalist at MarketForces Africa, specialising in African macroeconomic policy, international finance, energy markets, and continental development.He covers major multilateral institutions, including the International Monetary Fund (IMF), World Bank, and the United Nations Economic Commission for Africa (ECA), providing readers with frontline reporting on policies shaping Africa's economic trajectory.Olu has reported extensively on Nigeria's fiscal and monetary policy landscape, including CBN interest rate decisions, Nigeria's bond market, FX inflows, and the country's engagement with global financial institutions.His coverage spans IMF and World Bank Spring and Annual Meetings, African Ministers of Finance conferences, and high-level economic forums where Africa's development agenda is set.His reporting captures perspectives from Africa's most influential economic voices, including Tony Elumelu, senior IMF officials, and CBN leadership, bringing institutional insight and policy depth to MarketForces Africa's readers.Olu also covers Inside Africa — tracking economic, investment, and development stories from across the continent. Olu Anisere is based in Lagos, Nigeria.

    Related Posts

    News

    Kerosene Price Increases to N2,976.94 Per Litre in April- NBS

    May 29, 2026
    Companies

    At 2026 Ojude Oba, FCMB Embraces Continuity and Enterprise

    May 29, 2026
    News

    Oil Prices Decline as US-Iran Extend Ceasefire

    May 29, 2026
    News

    South African Rand in Sideways Moves Ahead of Economic Data

    May 29, 2026
    News

    FTSE 100 Dips, Wall Street at Record Highs Amidst Ceasefire Extension

    May 29, 2026
    News

    BTC, ETH, XRP Decline Sharply on $1bn Crypto Liquidation

    May 29, 2026
    Add A Comment

    Comments are closed.

    Editors Picks

    Kerosene Price Increases to N2,976.94 Per Litre in April- NBS

    May 29, 2026

    At 2026 Ojude Oba, FCMB Embraces Continuity and Enterprise

    May 29, 2026

    Oil Prices Decline as US-Iran Extend Ceasefire

    May 29, 2026

    South African Rand in Sideways Moves Ahead of Economic Data

    May 29, 2026
    Latest Posts

    Kerosene Price Increases to N2,976.94 Per Litre in April- NBS

    May 29, 2026

    At 2026 Ojude Oba, FCMB Embraces Continuity and Enterprise

    May 29, 2026

    Oil Prices Decline as US-Iran Extend Ceasefire

    May 29, 2026

    South African Rand in Sideways Moves Ahead of Economic Data

    May 29, 2026

    FTSE 100 Dips, Wall Street at Record Highs Amidst Ceasefire Extension

    May 29, 2026

    Subscribe to News

    Get the latest sports news from NewsSite about world, sports and politics.

    About US
    About US

    MarketForces Africa is a financial information service provider with interest in media, training and research. The media platform provides information about markets, economies, and crypto, forex markets and investment ecosystem.

    Contact Us:
    Suite 4, Felicity Plaza, Freedom Estate Drive, Lagos-Ibadan Express Road, Magboro
    T: . 08076677707, 08052076440

    Facebook X (Twitter) Instagram Pinterest YouTube
    Latest Posts

    Kerosene Price Increases to N2,976.94 Per Litre in April- NBS

    May 29, 2026

    At 2026 Ojude Oba, FCMB Embraces Continuity and Enterprise

    May 29, 2026

    Oil Prices Decline as US-Iran Extend Ceasefire

    May 29, 2026

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    © 2026 Marketforces Africa
    • About
    • Contact us
    • Subscription Plans
    • My account

    Type above and press Enter to search. Press Esc to cancel.