50 directors affected as massive shake-up hits FIRS

– About 50 directors are redeployed following a massive shakeup in the FIRS

– The changes are reportedly carried out by the new executive chairman of FIRS, Muhammad Nami

– The reorganization would result in about 50 directors, deputy directors, assistant directors and over 100 other staff of the FIRS being transferred to new roles

About 50 directors are redeployed by a massive shakeup in Nigeria’s tax agency, the Federal Inland Revenue Service (FIRS).

Premium Times reports that the changes which were effected by Muhammad Nami, the new executive chairman of FIRS would result in about 50 directors, deputy directors, assistant directors and over 100 other staff of the FIRS being transferred to new roles.

Sources at the agency told the newspaper that the shakeup was meant to position the agency to meets its target of realising N8.5 trillion target for 2020.

As part of the changes, some of the directors were said to have moved up in relevance and ranking, while one senior management staff left the agency. A new director also joined the service.

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Speaking about the shakeup, Wahab Gbaddamosi, the FIRS spokesperson, said the reorganisation was part of normal internal staff transfer in the service.

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“The FIRS Human Resource policy, which says that any staff that has done four years in a position can be moved around approves such movements. In any case, any decision a new management feels can enhance revenue generation capacity towards realizing set targets is normal. There is nothing special about it,” Gbadamosi said.

Meanwhile, following reactions and criticisms that have been triggered by the new Value Added Tax of 7.5%, the presidency has made some clarifications as well as revealed items that will not be affected by the increment.

According to a statement by Laolu Akande, the spokesperson of the vice president, Yemi Osinbajo, on Sunday, January 20, locally made commodities like sanitary towels, pads or tampons and services from microfinance banks as well as tuition for schools at all levels, will be exempted, PM News reports.

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Other items exempted from the VAT include additives (honey), bread, cereals, cooking oils, culinary herbs, fish, flour and starch, fruits (fresh or dried), live or raw meat and poultry, milk, nuts, pulses, roots, salt, vegetables, water (natural water and table water).

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