FCT-IRS boss urges residents to pay taxes for city development
Michael Ango, Acting Chairman of the Federal Capital Territory Internal Revenue Service (FCT-IRS), has called on Abuja residents to prioritize timely tax registration, filing, and payment. He emphasized that taxation is crucial for funding public health, safety, infrastructure, and education. Ango highlighted that tax revenue enables the government to invest in essential services and supports sustainable urban growth. He also commended Nyesom Wike for his contributions to infrastructure and security in the territory.
What we know
- Michael Ango described taxes as the backbone of a livable and modern capital city, funding critical sectors like health, education, and infrastructure.
- He stated that stable internally generated revenue has supported urban renewal efforts across Abuja since 2023.
- Reforms under the Nigeria Tax Administration Act (NTAA) 2025 and the establishment of the Nigeria Revenue Service (NRS) are part of a unified fiscal framework effective 2026.
- The NTAA introduces standardised registration, self-assessment systems, and mandates Electronic Fiscal Systems for reporting, with safeguards like a 90-day objection rule.
- Chinwe Ndu, Director of Taxpayers Services, stressed the importance of collaboration and clarity in implementing new tax laws to enhance voluntary compliance and the ease of doing business.
