FCT-IRS collects N262 billion in taxes from Abuja residents in 2024 

Additionally, the service revealed that it collected N43.8 billion in taxes in January 2025.

Acting Executive Chairman of FCT-IRS, Michael Ango, disclosed this information on Thursday during the service’s annual sensitization campaign aimed at mobilizing FCT residents for voluntary tax compliance.

Ango explained that by the end of December, the FCT-IRS had collected a total of N262 billion, which represents a N12 billion increase from the N250 billion target for 2024.

While the performance was impressive, the executive chairman expressed confidence that 2025 would be even better, noting that the service had commenced the year very strongly.

“In January, we collected N43.8 billion, and so far in February, we are also on track. The reality about the collection is that these monies are not manufactured; they are paid by taxpayers and residents of this town,” Ango said.

He identified some of the taxes collected by the FCT-IRS, including personal income tax, capital gains taxes, stamp duties, property taxes, entertainment tax, and fees due to the FCT.

Ango emphasized that the FCT-IRS works for the entire FCT, explaining that it collects revenue for the FCT Administration, area councils, FCT Secretariats, departments, and agencies. He added that the service collaborates closely with all sister agencies, both at the federal and FCT levels.

“We have been reaching out to various agencies, and what we are hoping to do is to create a revenue ecosystem whereby everybody believes that they are partners and stakeholders in raising revenues for the FCT,” Ango said.

He urged all private organizations, MDAs, government-owned enterprises, and even sole proprietorships who are employers of labor in the FCT to comply with their tax obligations to avoid sanctions, noting that the best form of compliance is voluntary compliance.