The Federal Inland Revenue Service (FIRS) has pat Sifax on the back for supporting tax revenue in 2024 and making it to meet its target last year.

To this end, the government revenue collection agency has recognized Sifax Group for its significant contribution to Nigeria’s tax revenue growth and compliance efforts.

FIRS stated this during an appreciation visit to Sifax Group corporate headquarters in Apapa, Lagos recently.

The FIRS delegation to Sifax Group was led by its Head of Taxpayers Service Unit, Lagos Mainland West Medium Taxpayers Office, Mr. Kazeem Olanrewaju.

Olanrewaju used the occasion to announce that Sifax Group is now ranked among the top 20 companies under FIRS’ jurisdiction out of 300 assessed organizations.

Sifax Group in a statement signed by its Head of Media, Mr. Oluwamuyiwa Akande and made available to Maritime Bits quoted Olanrewaju saying that the visit reflects FIRS customer-focused approach in acknowledging top-performing companies that have demonstrated consistent diligence in tax filing compliance throughout the year.

As part of the visit, FIRS presented Sifax Group with a formal commendation letter co-signed by Olanrewaju and Tax Controller, E.F. George. The letter praised Sifax Group’s exceptional dedication.

Among other things, the letter said: “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 filing compliance.”

Olanrewaju 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 efforts as the agency sets its sight on the coming fiscal year.

Sifax Group, Director of Strategy and Operations, Mr. Oliver Omajuwa in his response on behalf of the conglomerate expressed gratitude for the recognition.

Omajuwa reaffirmed the conglomerate commitment to supporting FIRS and contributing to Nigeria’s socio-economic development.

His words: “As a socially responsible organization, we firmly 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.”

According to the statement, FIRS commendation underscores the importance of strong partnerships between the private sector and government agencies in driving national development.

Maritime Bits had reported that Sifax Group is a multinational organization with diverse investments in maritime, aviation, logistics, oil and gas, and hospitality, among others.

The conglomerate is committed to delivering exceptional value to its stakeholders while driving economic growth through sustainable business practices.

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