FCT-IRS e-portal Generates N25.5bn Revenue in 2024

Olawale Ajimotokan in Abuja

The Federal Capital Territory Internal Revenue Service (FCT-IRS) has said it generated N25.5 billion from its e-portal in 2023 with an average daily revenue of N23.3 million.

This was revealed yesterday at the unveiling of the FCT IRS e-portal to improve the quality of tax services and promote efficient tax administration in the territory.

A look at the dashboard of the e-portal indicated that the FCT-IRS had generated N1.6 billion this week and N1.9 billion this month.

Speaking at the unveiling of the e-portal yesterday, the acting Executive Chairman of the service, Mr Haruna Abdullahi, said the platform would harmonise convenience, transparency, and accountability in tax administration.

Abdullahi, who was represented by acting Director, Tax Department, Mrs Chinwe Ndu, said that the platform was the IRS collection, receipting, assessment, and Tax Clearance Certificate (TCC) platform.

He added that the platform heralded an era where taxpayers can navigate their obligations with ease and efficiency, all at the click of a button from the comfort of their homes or offices.

He said that the e-portal harnesses the power of technology to enable both taxpayers and tax administrators to interact in a transparent, efficient, and user-friendly manner.

“The e-Portal stands as a testament to our unwavering dedication to our mission to provide effective and efficient tax administration through continuous innovation. This platform will help us bridge the gap between tradition and modernity, and propelling tax management further into the digital age. Whether you are an individual taxpayer, a business owner, or a tax consultant, this platform has been meticulously designed to meet your needs and exceed your expectations,” Abdullai said.

The acting Director, ICT, James Olukotun, who unveiled the portal, said it was a cloud-based application designed for tax collection, receipt, assessment, TCC management, filing of returns, registration, reporting and all services of revenue management.

Olukotun added that the platform was embedded with a Revenue Management System portal and self-service e-portal.