FIRS ranks SIFAX Group among top 20 tax-compliant companies in 2024

Picture: Mr. Oliver Omajuwa, Director of Strategy and Operations, SIFAX Group (third from left), receives the Commendation Letter from Mr. Kazeem Olanrewaju, Head of Taxpayers Service Unit at FIRS’ Lagos Mainland West (third from right) accompanied by his colleagues

The Federal Inland Revenue Service (FIRS) has ranked SIFAX Group among the Top 20 companies that demonstrated consistent diligence in tax filing compliance in 2024.

SIFAX was commended by FIRS for its significant contribution to Nigeria’s tax revenue growth and compliance efforts in 2024.

Mr. Kazeem Olanrewaju, Head of Taxpayers Service Unit at FIRS’ Lagos Mainland West Medium Taxpayers Office, noted that out of 300 assessed organizations, SIFAX Group was among the Top 20 companies under FIRS’ jurisdiction.

Mr. Kazeem Olanrewaju made this known during an appreciation visit by FIRS to SIFAX Group’s headquarters in Lagos on Monday, January 13, 2025.

Olanrewaju noted that the visit reflects FIRS’ customer-focused approach in acknowledging top-performing companies and presented a formal commendation letter to SIFAX Group.

The commendation letter states “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.”

He further 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 sights on the coming fiscal year.

Speaking for SIFAX Group, Mr. Oliver Omajuwa, Director of Strategy and Operations, expressed gratitude for the recognition and  reaffirmed the company’s commitment to supporting FIRS and contributing to Nigeria’s socio-economic development.

“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,” said Omajuwa.

The Federal Inland Revenue Service’s commendation underscores the importance of strong partnerships between the private sector and government agencies in driving national development.