Sifax Group Gets FIRS Top 20 Ranking On Revenue Growth

On Jan 14, 2025

L-R: Oliver Omajuwa, Director, Strategy & Operations, SIFAX Group; Olorunshola Waheed, Finance Manager, SIFAX Group; Usman Risikat, Ass. Manager, Tax, Returns and Payment Processing Unit; and Kazeem Olanrewaju, Deputy Manager, Tax Head, Taxpayers Service Unit, Lagos Mainland West during the FIRS’ visit to SIFAX Group head office at Lagos where the commendation letter for tax compliance was given.

The Federal Inland Revenue Service (FIRS) has recognized SIFAX Group for its significant contribution to Nigeria’s tax revenue growth and compliance efforts in 2024.

During an appreciation visit to SIFAX Group’s headquarters in Lagos, Mr. Kazeem Olanrewaju, Head of the Taxpayers Service Unit at FIRS’ Lagos Mainland West Medium Taxpayers Office, announced that SIFAX Group is now ranked among the Top 20 companies under FIRS’ jurisdiction, out of 300 assessed organizations.

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Mr. Olanrewaju noted that the visit reflects FIRS’ customer-focused approach in acknowledging top-performing companies that have demonstrated consistent diligence in tax filing compliance throughout the year.

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As part of the visit, the agency presented SIFAX Group with a formal commendation letter co-signed by Mr. Olanrewaju and Tax Controller, E.F. George. The letter praised SIFAX Group’s exceptional dedication, stating:
“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.

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This milestone could not have been possible without your company’s unwavering dedication and exceptional support in the area of tax filing compliance.”

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Mr. Olanrewaju 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.

Responding on behalf of SIFAX Group, Mr. Oliver Omajuwa, Director of Strategy and Operations, expressed gratitude for the recognition. He 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.

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