Mr. Zacch Adedeji, Chairman of the Federal Inland Revenue Service (FIRS), has advocated for collaboration between the agency and the Economic and Financial Crimes Commission (EFCC) to monitor and report local and cross-border financial transactions of companies, multinationals, and high-net-worth individuals.
During a visit to the Chairman of the EFCC, Mr. Ola Olukoyede, in Abuja on Wednesday, Adedeji emphasized the need for synergy, especially as socio-economic activities transition rapidly from traditional to digital and knowledge-driven forms.
Adedeji urged the EFCC to provide support through data sharing to enhance intelligence gathering and investigation capabilities. He highlighted the importance of both agencies coordinating their efforts to address specific challenges in the evolving economic landscape.
In response, Olukoyede expressed gratitude for the visit and proposed a review of the memorandum of understanding between the FIRS and the EFCC, particularly in units such as the tax fraud section and joint tax force. This collaborative effort aims to strengthen the fight against financial crimes and enhance tax compliance.
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