FIRS
FG to collect only nine types of taxes, says FIRS chairman
The Federal Inland Revenue Service (FIRS) says in line with the presidential mandate to have a single-digit tax, it is set to administer...
Breaking: FG files tax evasion charges against Binance
The Federal Government has slammed a four-count charge against Binance, a prominent cryptocurrency exchange platform operating in the country. The prosecution aims to...
Tackling food inflation: FG gives 36 governors special intervention fund of N30bln each, says Akpabio
In a bid to address the skyrocketing cost of living in each state of the federation, the Federal Government, through the Federal Inland...
Loss of N17trn to tax waivers: Senate orders FIRS to apply the brakes forthwith
The Senate Committee on Finance has asked the Federal Inland Revenue Service (FIRS) to discontinue tax waivers, which have resulted in a loss...
Senate confirms Zaccheus Adedeji as FIRS chairman
The Senate on Tuesday confirmed the appointment of Mr Zacch Adedeji, as the Chairman of the Federal Inland Revenue Service (FIRS). Supporting the...
Tinubu directs SGF to implement recommendations of Presidential Fiscal Policy and Tax Reforms Committee
President Bola Tinubu has directed the Secretary to the Government of the Federation, Sen. George Akume, to commence the implementation of the recommendations...
FIRS flags off nationwide tax compliance exercise October 23
The Federal Inland Revenue Service (FIRS) says it will begin a nationwide compliance exercise on value-added tax (VAT) and withholding tax (WHT) on...
Pres. Tinubu appoints Dr Zaccheaus Adedeji as acting chairman of FIRS
President Bola Tinubu has appointed Dr Zaccheaus Adedeji, former Commissioner for Finance in Oyo state as the Federal Inland Revenue Service (FIRS) Acting...
Regularize outstanding tax returns or face sanctions, FIRS tells international shipping lines in Nigeria
All shipping companies operating on Nigeria’s territorial waters have been directed by the Federal Inland Revenue Service (FIRS) to regularize their outstanding tax...
Just In: With tax revenue gap of N20trn, Presidential Tax Committee strips Customs, NCC, 62 MDAs of revenue collection for govt
With Nigeria ranked as one of the lowest in revenue generation from tax collection, the newly-inaugurated Presidential Committee on Tax Policy and Fiscal...
Just in: FG gives vessel owners three months to settle millions of dollars 10-year taxes
The Federal Government on Monday gave ship owners operating on Nigeria’s waterways a three-month deadline to settle their decade-long accumulated taxes to the...
Just in: Despite distraught operating environment, NNPCL announces impressive N674.1bn profit in 2021
In spite of the challenging operating environment, the Nigerian National Petroleum Company Ltd (NNPCL) has posted a profit of N674.1 billion for 2021...
Why Nigeria’s oil and gas is less attractive to investors – Wunti, GGM, NAPIMS
The Group General Manager, the National Petroleum Investment Services (NAPIMS), Bala Wunti, has identified factors that make Nigeria’s oil and gas industry...
Assessing Nami’s Two Years At The Helm Of The Federal Inland Revenue Service
By Bernard Okri In the second week of December 2019, when President Muhammadu Buhari announced the nomination of a certain Muhammad Nami...
FIRS mulls road infrastructure tax to pool resources for road construction, rehabilitation
In a bid to make the informal sector contribute to building a modern society, the Federal Inland Revenue Service (FIRS) has proposed the...
Revenue: Future of crude oil bleak, taxation only sustainable source – FIRS boss
By Ajuma Edwina Ameh The Executive Chairman, Federal Inland Revenue Service (FIRS), Muhammad Nami, says the future of crude oil as a major...
