On Tuesday in Abuja, two of Nigeria’s most powerful institutions—the Federal Inland Revenue Service (FIRS) and the Economic and Financial Crimes Commission (EFCC)—renewed their pact to drive compliance, transparency and fiscal discipline.
FIRS chairman Zach Adedeji led his team to the EFCC headquarters and directly thanked chairman Ola Olukoyede for helping Nigeria hit its 2025 revenue target months ahead of schedule.
He declared, “It would be wrong to think we did it alone.
The EFCC’s support strengthened our stability.”
Push For Voluntary Compliance
Moreover, Adedeji shifted the focus from gratitude to strategy.
He urged both agencies to deepen cooperation, build a framework that inspires voluntary tax compliance, and prove to citizens how government spends their money.
EFCC Stresses Discipline And Transparency
In response, Olukoyede applauded FIRS for achieving the milestone ahead of time and called the result unprecedented.
He emphasised that joint action between the two agencies sends “a strong message that it is no longer business as usual.”
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He also reminded the delegation that the courts recently confirmed EFCC’s authority to prosecute tax offences.
However, Olukoyede warned that revenue mobilisation alone cannot solve Nigeria’s fiscal problems without financial discipline.
Therefore, he pledged EFCC’s full support and expressed confidence that the new Revenue Act, which will take effect in 2026, will strengthen the economy.
Ultimately, he concluded, “Together we will make sure every naira collected drives real development.”
