The Independent Corrupt Practices and Other Related Offences Commission (ICPC) has teamed up with the Federal Inland Revenue Service (FIRS) to meet up with the FIRS’s projected N1.9trillion tax from the public sector.
ICPC Chairman Dr. Musa Aliyu Adamu at the signing of the Memorandum of Understanding (MOU) in Abuja assured the FIRS that the commission will assist it in tackling cases of tax evasion and financial crime in the revenue-generating sector of the country.
The ICPC Chairman emphasised the importance of strategic partnership in the fight against corruption.
He stated, “Corruption erodes the fabric of society and hinders economic development. By partnering with FIRS, we can more effectively investigate and prosecute cases of corruption involving tax evasion and other financial crimes.”
The Chairman of FIRS Dr. Zacch Adedeji said, “the MOU is a working agreement between the two agency ( helping you do your work and attain the vision of Mr president under one government and one country.
Adedeji highlighted the role of tax compliance in building a more equitable society.
“Tax evasion deprives the government of much-needed revenue that could be used for public services. Through this partnership, we aim to ensure that everyone pays their fair share of taxes,” he said.
Under the MOU, the two agencies will establish a joint task force to coordinate their efforts and share information on cases of mutual interest.
They will also conduct joint training programs to enhance the skills of their staff in investigating financial crimes and detecting tax evasion.
