The Management of the Federal Inland Revenue Service, (FIRS) has assured the National Information Technology Development Agency, (NITDA) of redoubling its effort towards increasing the revenue accruable from the collection of National Information Technology Development Fund, (NITDEF) being collected on behalf of the Agency by the Service.
The Chairman of the Service, Mr. Babatunde Fowler made this known when the Management team of NITDA led by the Director General, Dr Isa Ali Ibrahim Pantami, (FBCS) paid a working visit to the Revenue House.
Explaining the motive of the visit, Dr Pantami stated that the visit became imperative to reinforce the mutual relationship that exists between the two organisations. “We serve the same government, so we need to have some collaboration on how to support each other,” he added.
The DG said NITDA was established to implement the National Information Technology Policy of the government, has the mandate to regulate, develop and serve as the Clearing House for all Government IT projects.
He said the wisdom behind making it the clearing house of all government IT projects is to reduce corruption in procurement of IT goods and services, make value for money analysis and provide professional advice on behalf of the Government.
Pantami lamented that the resources available for the Agency to effectively deliver on its mandate are so meager to execute all the interventions required in the IT industry.
He said: “We cannot deliver on our mandate with the meager amount and part of our priority is to increase the revenue generation because of our intervention programmes. We need more revenue from all IT companies. All IT companies should remit one per cent of their profit before tax.”
The DG revealed that he has identified some IT companies which should also be paying the fund among which are the cyber companies which he said enlisting them among companies that should be paying the one percent is eliciting argument among the IT stakeholders.
He however cleared the air saying that it is necessary for them to be compelled to pay the fund because “cyber companies are IT companies in every sense.”
He thanked the Chairman of the Service for his effort in increasing the NITDEF collection saying the success of NITDA depends on the effort of the FIRS.
Earlier in his welcome remark, Mr. Fowler who the DG described as being proactive in knowing the purpose of NITDA’s visit, decried the dwindling revenues being collected on behalf of government agencies attributing it to non compliance to tax law by the major tax payers.
He said, the service is now auditing the accounts of the major tax payers in order to increase the revenue accruable to the government agencies assuring that the recent enlightenment and sensitization programmes of the service would soon yield the desirable result.
Dr Fowler promised NITDA that the 2017 NITDEF collection would surpass the highest ever being collected for NITDA and the 2016 would be duly accounted for.