-
The Story Of FIRS Chairman
Do you know that Zacch Adedeji, the FIRS Chairman, popularly called Mr. Tax enjoys a special relationship with Pres. Tinubu? We can tell you that. The President does not joke with him because of the vital role he is playing in his administration.
Both are brilliant Accountants and they speak the same language with figures.
The head of FIRS, Zacch Adedeji, is a seasoned Accountant and Public Sector Administrator. He was appointed Executive Chairman of the Federal Inland Revenue Service in September 2023 by President Bola Tinubu. Adedeji.
He has a strong background in finance, having served as the Commissioner for Finance in Oyo State from 2011 to 2015 and as the Special Adviser to the President on Revenue.
What are his achievements
Zacch Adedeji’s achievements as the Executive Chairman of the Federal Inland Revenue Service (FIRS) are impressive. Here are some of his notable accomplishments:
– Record-breaking Revenue Collection: Under Adedeji’s leadership, FIRS exceeded its revenue targets, collecting N12.36 trillion in 2023 and N21.7 trillion in 2024, surpassing targets by N810 billion and N2.2 trillion, respectively.
FIRS exceeded its revenue targets, with a 56% increase in the first quarter of 2024 compared to the same period in 2023.
-Tax Reforms: Adedeji introduced several tax reforms, including the signing of four major tax reform laws, transforming FIRS into the Nigeria Revenue Service (NRS) with greater autonomy and a broader mandate.
– Digitalization: FIRS launched a national electronic invoicing system for large taxpayers, automating tax processes and enhancing efficiency.
– Improved Taxpayer Experience: Adedeji introduced initiatives like TaxProMax, One-Stop Shop, and self-service centers to simplify tax compliance and improve customer satisfaction.
– Increased Transparency: The reforms aim to enhance transparency, fairness, and accountability in tax administration .
These achievements demonstrate Adedeji’s commitment to transforming Nigeria’s Tax system and driving economic growth.
Has he done well?
Many say Zacch Adedeji has done exceptionally well as the Executive Chairman of the Federal Inland Revenue Service (FIRS). Under his leadership, FIRS has exceeded its revenue targets, collecting N12.36 trillion in 2023 and N21.7 trillion in 2024, surpassing targets by N810 billion and N2.2 trillion, respectively.
Some of his notable achievements include:
His efforts have been recognized by the House of Representatives, which commended FIRS for its significant accomplishments under Adedeji’s leadership .
Why does Pres Tinubu like him?
President Tinubu likes Zacch Adedeji because of his exceptional leadership skills, innovative approach, and impressive track record in transforming Nigeria’s tax system. Adedeji’s achievements as the Executive Chairman of the Federal Inland Revenue Service (FIRS) include exceeding revenue targets, introducing tax reforms, and implementing digital solutions to enhance efficiency and transparency.
President Tinubu has praised Adedeji’s visionary leadership, charismatic dedication, and ability to turn creative ideas into change-making actions. Adedeji’s commitment to transparency, accountability, and people-focused tax administration has also earned him recognition and respect.
Has the president praised him before?
President Bola Tinubu has praised Zacch Adedeji, the Executive Chairman of the Federal Inland Revenue Service (FIRS), on several occasions. He commended Adedeji’s transformative leadership, innovative approach, and commitment to restructuring and managing Nigeria’s revenue profile. Specifically, Tinubu praised Adedeji’s introduction of fresh ideas, adoption of global best practices, automation of systems, and upskilling of staff members.
Adedeji led the adoption of this transformative federal digital platform, streamlining import and export processes, enhancing transparency, and reducing cargo clearance time from 21 days to one week.
Tinubu has described Adedeji as an “innovator who consistently turns his creative ideas into change-making actions” and a “disciple of the ‘think-and-do’ school of changemakers”.
Zacch Adedeji is an Accountant and Public Officer currently serving as the Executive Chairman of the Federal Inland Revenue Service (FIRS). Born on January 8, 1978, in Ogbomoso, Oyo State, Adedeji has a strong educational background in accounting, holding a National Diploma from Federal Polytechnic, Ede, and a First-Class degree in Management & Accounting from Obafemi Awolowo University (OAU). He also earned a Master’s degree and a PhD in Accounting from OAU.
What are his career highlights?
– Commissioner for Finance, Oyo State: Adedeji served as Commissioner for Finance from 2011 to 2015, implementing significant financial reforms, including the Treasury Single Account (TSA).
– Executive Secretary, National Sugar Development Council (NSDC): He established the Nigeria Sugar Institute and extended the Sugar Backward Integration Programme.
– Special Adviser to the President on Revenue: Adedeji advised President Bola Tinubu on revenue matters before becoming FIRS Chairman.
– FIRS Chairman: Under his leadership, FIRS exceeded revenue targets, introduced tax reforms, and implemented digital solutions like TaxProMax.
