The Chairman of the Federal Inland Revenue, Zacch Adedeji, has restated the agency’s commitment not to introduce additional taxes in the country.

Adedeji stated this when the Chief Executive Officer of Guinness Nigeria Plc, Adebayo Alli, led the management team of the company on a visit to the Revenue House in Abuja.

The FIRS boss, in a statement signed by the Special Adviser on Media to the FIRS chairman,  Dare Adekanmbi, was quoted as saying the President gave a directive that he wants a single digit tax in the country, meaning that the maximum number of taxes we will have after the work of the Presidential Committee on Fiscal Policy and Tax Reforms will be nine taxes.

He noted that FIRS had improved the way it relates with customers by rearranging the operations based on the customers, using their turnover as the basis to categorize them into large, medium and small.

He added that President Bola Tinubu, through the consumer credit scheme recently introduced, aimed at increasing the purchasing power of Nigerians to boost the productive capacity of companies and stimulate growth.

Earlier, the Guinness CEO pledged that the company would continue to do business in the country, notwithstanding the macro-economic challenges being faced.

He assured the FIRS chairman that Guinness would continue to invest in the country, just as he sought assurances from the tax authority in terms of the role it would play “in getting the economy back on the right path from the recovery point of view.

Foreign exchange expenses eroded the operating profit of Guinness Nigeria in 2023, resulting in a 5.23 billion naira loss.