The Federal Inland Revenue Service (FIRS) has applauded SIFAX Group for its pivotal role in advancing Nigeria’s tax revenue growth and ensuring compliance in 2024.
During a courtesy visit to SIFAX Group’s Lagos headquarters, Mr. Kazeem Olanrewaju, Head of the Taxpayers Service Unit at FIRS’ Lagos Mainland West Medium Taxpayers Office, highlighted the company’s exceptional tax compliance record. He revealed that SIFAX Group now ranks among the Top 20 companies under FIRS’ jurisdiction, out of 300 assessed organizations.
“This visit is part of FIRS’ commitment to recognizing organizations that have consistently upheld exemplary tax filing practices. SIFAX Group’s diligence has been integral to our success in meeting the 2024 revenue targets,” said Mr. Olanrewaju.
As part of the visit, FIRS presented SIFAX Group with a commendation letter signed by Mr. Olanrewaju and Tax Controller E.F. George. The letter read in part:
“We are proud to recognize your organization as a key contributor to the Federal Inland Revenue Service’s revenue collection success in 2024. This milestone reflects your unwavering dedication to tax compliance and your remarkable support in strengthening Nigeria’s fiscal framework.”
Mr. Olanrewaju further urged SIFAX Group to sustain its efforts, noting that their partnership remains vital to FIRS’ strategy for the upcoming fiscal year.
In response, Mr. Oliver Omajuwa, Director of Strategy and Operations at SIFAX Group, expressed gratitude for the recognition and reaffirmed the company’s commitment to supporting national development.
“As a socially responsible organization, we view regulatory compliance as a fundamental aspect of corporate social responsibility (CSR). We are proud to contribute to the government’s efforts to broaden the tax base and drive economic growth,” Mr. Omajuwa stated.
The recognition from FIRS underscores the critical role of collaboration between the private sector and government agencies in fostering sustainable national development.
About SIFAX Group:
SIFAX Group is a multinational conglomerate with investments spanning maritime, aviation, logistics, oil and gas, and hospitality. Dedicated to creating sustainable value for its stakeholders, the company plays a key role in Nigeria’s economic development through innovative and responsible business practices.
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