To check the controversy associated with the Nigerian National Petroleum Corporation (NNPC) remittances into the Federation Account, stakeholders in the Federation Account Allocation Committee (FAAC) are...
The Chairman of the Federal Inland Revenue Service (FIRS), Babatunde Fowler,has said that multiple taxation does not exist in Nigeria. Fowler made this known while addressing...
The Minister of Finance, Kemi Adeosun, has said all Ministries, Departments and Agencies (MDAs) of the Federal Government and the Federal Inland Revenue Service (FIRS) are...
The Federal Government says it has recovered about N30 billion from the Voluntary Assets and Income Declaration Scheme (VAIDS). The amount was realised from individuals and...
Three revenue generating agencies of the federal government: Nigeria Customs Service (NCS), Federal Inland Revenue Service (FIRS) and Nigerian National Petroleum Resources (through the Department of...
The National Emergency Manage-ment Agency (NEMA) is currently enmeshed in a massive scandal after the Economic and Financial Crimes Commission (EFCC) uncovered an alleged N2.5billion fraud...
The Federal Inland Revenue Service (FIRS) said it collected a total of N4.03tn in the 2017 fiscal period. The collection of N4.03tn according to a statement...
The Federal Inland Revenue Service (FIRS) has said that it will soon start to seize and sell properties in Abuja whose owners have been evading tax...
The House of Representatives has revealed that officials of the Central Bank of Nigeria (CBN) and Federal Inland Revenue Service (FIRS) have shunned 14 invitations extended...
Shocking revelations emerged Monday that many of the revenue-generating agencies of the Federal Government had shortchanged it to the tune of N1.7 trillion. This happened through...
The House of Representatives Committee on Public Accounts has issued a one-week ultimatum to General Theophilus Danjuma, Executive Secretary, Presidential Committee on North East Initiative (PCNEI),...
The Executive Chairman of the Federal Inland Revenue Service (FIRS), Mr. Babatunde Fowler, has expressed confidence in the viability of the Voluntary Asset and Income Declaration...
The Federal Inland Revenue Services (FIRS) has sealed up some private owned firms in Kano, including Kabo Airlines, Monaco Ventures Limited and Paki International Motors. The...
The failure of banks to stop collection of N50 from customers as stamp duty charges is threatening to set the organized private sector against some government...
Only 40 super -rich Nigerians pay correct tax on their income, a government report commissioned by the Federal Inland Revenue Service (FIRS) and the Joint Tax...
The Senate, today, set up a 6-man adhoc committee to investigate Federal Government’s revenue generating agencies, over claims that they are under-remitting billions of naira realized...
The Federal Inland Revenue Service (FIRS) has said that Nigerians will be required to show their evidence of tax payment before applying for international passports or...
More facts have emerged on why the expected two per cent growth in the micro, small and medium enterprises could not be achieved for 2016. An...
More revelations have emerged as to why the Senate refused to approve the 2016 budget of Federal Inland Revenue Service (FIRS) asides the excuse that it...
Tension has taken hold of officials of both the Nigerian Customs and Federal Inland Revenue Services (FIRS) following indications that the two federal establishments are to be merged before the end of 2016 fourth...
Nigeria’s main opposition party, the Peoples Democratic Party, PDP, has queried the claims made by the Vice President, Prof. Yemi Osinbajo, over improved receipts by the...
By Majeed Dahiru… President Muhammadu Buhari came to power with a lot of promise. He enjoyed enormous good will from a cross section of the very...
Apparently determined to shore up government’s revenue, the Minister of Finance, Mrs. Kemi Adeosun, has revoked the reduction of withholding tax for construction related activities. The...
By Paul E. Michael…As an ardent supporter of the President Mohammadu Buhari fight against corruption, I am not pleased with the manner at which the President...
The Federal Government has paid the outstanding N48. 2 billion subsidy arrears owed oil marketers in 2015. The Minister of Finance, Mrs. Kemi Adeosun, stated this...
These are certainly bad times for acclaimed turnaround expert, Mr. Jimoh Ibrahim, as the Federal Inland Revenue Service (FIRS) on Thursday sealed up the Abuja Head...
Nigeria losses an average of $250 billion annually through tax evasion/ underpayment by International Oil Companies and other multinationals, the Chairman of the Federal Inland Revenue...
The Senate Committee on Finance has queried the Federal Inland Revenue Service FIRS over a budget appropriation of over N16 billion for salaries for 1250 staff...
By Ali Smart The Federal Government on Thursday mandated the Federal Inland Revenue Services (FIRS) to audit the financial activities of the Nigerian National Petroleum Corporation...
In a bid shore up Federal Government’s revenue and reduce budget deficit, the Federal Inland Revenue Service has set a target of N4.95tn for the 2016...
The Federal Inland Revenue Service (FIRS) may soon begin probing some companies involved in tax evasion. This followed allegations that most companies operating with the Nigerian...
Investigation into the circumstances surrounding the oil swap deals in which the Nigerian National Petroleum Corporation (NNPC), Nigerian Customs Service (NCS), Petroleum Product Pricing and Regulatory...
Seemingly uncomfortable with the role of consultants in collecting revenue on behalf of the federal government the Federal Inland Revenue Service (FIRS) has said that ta...
Executive Chairman of the Federal Inland Revenue Service (FIRS) Alhaji Kabiru Mashi has been relieved of his position. He has been replaced on an acting capacity...
