Timi Frank To FIRS: Stop Decieving Nigerians,Apologize

– Erstwhile Deputy national Publicity secretary of APC,Timi Frank told FIR to stop deceiving Nigerians

– Yemi Osinbajo’s trouble with the presidency began when it was discovered that he mismanaged N90 billion

– Wahab Gbadamosi, debunked the claim, saying the service’s annual allocation is not up to that amount

 

Former Deputy national Publicity secretary of the All Progressives Congress(APC),Timi Frank, has called on the Federal Inland Revenue Service (FIRS) to stop deceiving Nigerians.

Frank had alleged that Vice President Yemi Osinbajo’s trouble with the presidency began when it was discovered that he mismanaged N90 billion made available by the FIRS for 2019 election campaign purposes.

In a statement on Monday,FIRS Director of Information, Wahab Gbadamosi, debunked the claim, saying the service’s annual allocation is not up to that amount.

In response, Frank said that he cannot be intimidated by the agency’s threat to sue him, describing the agency’s statements as a “puerile attempt to sweep the main issues in his public statement under the carpet”.

He said the FIRS cannot continue to deceive Nigerians by claiming “unfounded budgetary fidelity.

READ ALSO: gbajabiamila-mourns-lagos-monarch-oniru/

“I urged the agency to come clean and tell Nigerians the reason for the discrepancies which exist in their records of tax collection.

“I read the statement by the Federal Inland Revenue Service and I am rather disappointed at their intellectual laziness,” he said

“Who is the FIRS trying to fool by claiming that their annual subvention is not up to a N100 billion? That is an unintelligent attempt to fool the public.

“The FIRS, like the Nigerian National Petroleum Corporation, Central Bank of Nigeria and the Securities and Exchange Commission are revenue generating agencies of the Federal Government that do not depend on budgetary subventions.

“These agencies are able to appropriate huge funds from the monies they generate for their use.

“For example, on January 7, 2019, the Federal Inland Revenue Service announced that it had broken Nigeria’s all-time revenue generation record, by generating N5.3trillion in 2018,” he said.

READ ALSO: Like Our Facebook Page to Stay Connected to Us

“However, on 18th August, 2019, the FIRS’ boss was queried for poor performance and under remittances to the Federation Account by the Chief of Staff to General Muhammadu Buhari, Mr. Abba Kyari.

“The query, which was widely published in all newspapers and online media channels, was as a result of the N90billion that the FIRS illegally funneled to Vice-President Yemi Osinbajo for the 2019 elections which led to the shortfall.

“The FIRS should bury their head in the mud and apologise to Nigerians for aiding and abetting corruption.”