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Some of such measures according to him, are through; Strategic Revenue Growth Initiative (SRGI), tax audit, use of technology (such as VAT Auto Collect, State Offices of Accountant-General Platform), integration with GIFMIS for federal MDAs, eService and Mobile Payment Options, sustained enforcement activities, voluntary assets and Income Declaration Scheme and amendment of tax laws to improve collection.
'Our current revenue to GDP ratio of about seven per cent is unsatisfactory and we are keen on exerting all efforts in turning this around,' Ahmed said at the unveiling of Federal Government's Strategic Revenue Growth Initiatives (SRGI) for sustainable revenue generation in all sectors of the economy.
Earlier, the permanent secretary Presidential Initiative on Continuous Audit be(PICA), Dr Mohammed Dikwa while giving an overview 'the Strategic Revenue Growth Initiatives (SRGI) serves as one of the mechanisms that will assist in improving public confidence in the tax system, delivering on governments priorities as it concerns the welfare of its citizens, growing the revenue system while ensuring the full recovery of our stolen commonwealth.