Tinubu’s Security Strategy Boosts Oil Revenue — FIRS Chair Hails Military for Enabling Economic Gains

Chairman of the Federal Inland Revenue Service (FIRS), Dr. Zacch Adedeji, has praised President Bola Tinubu’s security policies, noting they are producing real results. He particularly commended the Armed Forces and other security personnel for their efforts in safeguarding the nation, attributing recent revenue successes to their work.

Speaking on Wednesday in Abuja during a courtesy visit by the Chief of Defence Staff, General Christopher Musa, and his delegation to the Revenue House, Adedeji revealed that for the first time in years, the FIRS has met its 2025 oil and gas tax revenue target. He attributed this milestone to improved security and stability in the Niger Delta, which has allowed oil companies to operate more profitably and contribute higher taxes to the federation.

Quoting Adedeji, his media adviser Dare Adekanmbi said the development aligns with President Tinubu’s philosophy of “taxing prosperity, not poverty.” He emphasized that peace is the foundation for prosperity, highlighting the vital role security agencies play in sustaining national stability.

In his remarks, General Musa expressed appreciation for the FIRS’ role in boosting government revenue, which he said is essential for military operations. He noted that since Adedeji took office, there have been significant positive changes in tax administration, resulting in increased funding for the Armed Forces.

General Musa also announced that Nigeria will host the maiden African Chiefs of Defence Staff Conference from August 25 to 27, 2025. He said the event will provide a platform for African nations to collaboratively address security challenges from a continental perspective, stressing the need for African-led solutions to African problems.