The total revenue of the Federal Inland Revenue Service (FIRS) for the 2019 fiscal year fell below target, as a total of N5 trillion was generated as against its N8.8 trillion target for the year.
Muhammad Nami, The Executive Chairman, FIRS, in an internal memo expressed concern over the dwindling revenue performance, despite increase in the service workforce over the period as the shortfall of about N3.7 trillion represented over 40 percent of the total revenue projected.