FCTA INAUGURATES 13-MAN JOINT COMMITTEE FOR REVENUE HARMONISATION

The Chairmen of the six area councils of the Federal Capital Territory, including the Minister of FCT have inaugurated a 13-Man Joint Revenue Committee (JRC), to help accelerate, streamline and harmonise revenue collection in Abuja.

FCTA INAUGURATES 13-MAN JOINT COMMITTEE FOR REVENUE HARMONISATION

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The Chairmen of the six area councils of the Federal Capital Territory, including the Minister of FCT have inaugurated a 13-Man Joint Revenue Committee (JRC), to help accelerate, streamline and harmonise revenue collection in Abuja.

This followed a stakeholders retreat in Akure, the Ondo state capital.

Performing the official inauguration of the committee under the chairmanship of Mr. Haruna Y. Abdullahi, in Abuja, the FCT Minister, Mallam Muhammad Musa Bello said it was pertinent to modernise the tax system in FCT, with stakeholders engagement in the right manner that will enhance overall economic development of the the FCT.

The FCT Minister stated that the committee has been entrusted with the crucial responsibility to organize tax administration, address various revenue concerns, and resolve systemic disputes. As a result, the committee has been given a clear broad mandate and terms of reference that will direct its actions and ensure it is successful in achieving its objectives.

He also stated that the group will design measures to increase revenue generation through an efficient collection process and greater compliance through collaboration. It will also act as a conflict resolution tool, as well as monitor and assess progress and ensure active stakeholder engagement.

According to him, there has to be very close collaboration with Area Councils chairmen, because the six area councils are the centre of unity, and there is no doubt that FCT is going to expand astronomically.

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