The Federal Inland Revenue Service (FIRS) has responded to criticisms from Atiku Abubakar regarding its recent appointment of Xpress Payments Solutions Limited (XPSL) as a new revenue collection channel. In a statement released on November 23, 2025, FIRS sought to clarify the circumstances surrounding this decision, emphasizing the importance of modernizing revenue collection methods. The source reports that this move is part of a broader strategy to enhance efficiency and transparency in tax administration.
Transparent Onboarding Process
FIRS emphasized that the selection of XPSL was made through a transparent onboarding process, which had been publicly reported prior to Abubakar's remarks. The agency highlighted that XPSL is one of five payment service providers operating within a competitive framework, thereby preventing any monopolistic control over revenue collection.
Reassurance on Appointment Concerns
In its statement, FIRS aimed to alleviate concerns that the appointment was made in secrecy or haste. It reassured the public that all funds collected through XPSL are directed straight to the government's Treasury Single Account (TSA), eliminating any intermediary fees that could affect revenue distribution.
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