OrderPaperToday – The House of Representatives Committee on Public Account has decried the issue of tax waivers and asked the Executive Chairman of the Federal Inland Revenue Services (FIRS), Muhammad Nami to immediately resign from office for alleged underperformance.
The Committee gave the tax boss 18 hours within which to appear before it or risk sanction.
The decision to summon Nami was at the resumed hearing of the Committee session on Wednesday.
Chairman of the Committee, Mr. Oluwole Oke (PDP, Osun) ruled following the failure Mr. Nami to honour the invitation to appear over a current probe of the dwindling revenue of the federal government as reported by the office of the Auditor-General of the Federation.
Mr. Oke further expressed dismay over the lukewarm attitudes of the heads of Ministries Departments and Agencies (MDAs) of the federal government to their constitutional responsibilities on accountability.
According to him, “this parliament is the symbol of democracy; we are the representatives of the people, if President Muhammadu Buihari can course appearance before the parliament whenever the needs be, why not his appointees? Enough is enough, if the FIRS boss can not perform his constitutional responsibilities again, he should turn in his letter of resignation immediately.
“Is this how he wants to pay back the President who gave him the appointment? The nation is losing billions of Naira from tax evasion on daily basis, and the man in charge is expected to come to the Parliament so that a solution can be found on how to stop the ugly development but he has refused to honor the invitation.
“Based on the seriousness of this, the FIRS boss is to course physical appearance before this Honourable Committee by 10.00 am on Thursday; we are determined to stop this nonsense the nation is bleeding.”
His ruling was sequel to comments by committee members who frowned at non-payment of taxes to the federal government by three foreign firms: Indorama Petrochemical, Indorama fertilizer and Petrochemical Ltd and OIS Industry,  whose representatives were not allowed to address the hearing.
Two of the  firms were said to be enjoying duty waivers and capital allowances while the third one was said to be operating at the Export Free Zone in Port-Harcourt, Rivers State, thus causing huge loss of revenues to the nation.
Following this development, the Deputy Chairman of the Committee, Mr. Abdullahi Sa’ad Abdulkadir decried the absence of the tax boss at such an important hearing which would have assisted the parliament in unmasking the sources of the leakages of government revenues and block such.
The Committee unanimously endorsed the motion.
Meanwhile, the representatives of the FIRS boss, Mr. Olusegun Olatunji apologized to the Committee for the absence of his boss which he attributed to the lateness of the letter of invitation.
Recall that the tax office had proposed a N5.9 trillion revenue for 2021 in its budget approved by the National Assembly.

LEAVE A REPLY

Please enter your comment!
Please enter your name here