FIRS Commends SIFAX Group for Supporting Tax Revenue Growth in 2024

Harboursandports.com: Lagos- January 14, 2025: The   Federal   Inland   Revenue Service (FIRS) has recognized SIFAX Group for its significant contribution to Nigeria’s tax revenue growth and compliance e&orts in 2024. During   an   appreciation   visit   to   SIFAX   Group's   headquarters   in   Lagos, Mr. Kazeem   Olanrewaju,   Head   of   the   Taxpayers   Service   Unit   at   FIRS’   Lagos Mainland West Medium Taxpayers O8ce, announced that SIFAX Group is now ranked  among   the   Top 20   companies   under   FIRS’   jurisdiction,   out   of   300 assessed organizations.

Mr. Olanrewaju noted that the visit re;ects FIRS’ customer-focused approach in   acknowledging   top-performing   companies   that   have   demonstrated consistent diligence in tax compliance throughout the year. As   part   of   the   visit,   the   agency   presented   SIFAX   Group   with   a   formal commendation   letter   co-signed   by   Mr.   Olanrewaju  and   Tax  Controller,  E.F. George.

The letter praised SIFAX Group’s exceptional dedication, stating: “As the year comes to a close, it is with great pride and gratitude that we write   to   commend   your   company   for   being   part   of   the   Federal   Inland Revenue Service (FIRS) revenue collection success story for the year 2024. 

This   milestone   could   not   have   been   possible   without   your   company’s unwavering   dedication   and   exceptional   support   in   the   area   of   tax compliance." 

Mr. Olanrewaju further emphasized that SIFAX Group’s commitment to tax compliance played a substantial role in helping FIRS meet its revenue target for 2024. He also encouraged the company to maintain its exemplary e&orts as the agency sets its sights on the coming year.

Responding   on   behalf   of   SIFAX   Group,   Mr.   Oliver   Omajuwa,   Director   of Strategy   and   Operations,   expressed   gratitude   for   the   recognition.   He commended the company’s commitment to supporting FIRS and contributing to Nigeria’s socio-economic development. 

“As a socially responsible organization, believe in the principle of corporate social responsibility (CSR), and prompt regulatory compliance is a key   aspect   of   our   commitment.   We   remain   dedicated   to   supporting   the government’s vision of widening the tax net and fostering economic growth,” said Mr. Omajuwa.

The   Federal   Inland   Revenue   Service’s commendation   underscores   the importance   of   strong   partnerships   between   the   private   sector   and government agencies in driving national development.