Reps urge FIRS to recover taxes owed government by MDAs
March 7, 2024 The House of Representatives has urged the Federal Inland Revenue Service (FIRS) to recover taxes owed the Federal Government by government’s Ministries, Departments and Agencies (MDAs). This…
FIRS says no plans to tax online content creators
Feb. 12, 2024 The Federal Inland Revenue Service (FIRS), says it has no plans to tax online content creators. According to a staff of the agency who spoke under the…
MultiChoice will pay settlement of $37.3m to Nigerian tax authorities
February 8, 2024 MultiChoice Group said on Thursday its subsidiaries have reached a settlement with Nigerian tax authorities and agreed to pay a total tax amount of about $37.3 million….
As Tinubu moves to rev up economic recovery with consumer credit
By Temitope Ajayi As the new year 2024 begins with a positive outlook, Nigerians can look forward to a great and economically rewarding year as the Federal Government is…
EFCC, FIRS Close Ranks in Fight Against Tax Evasion and Extractive Industry Fraud
Nov. 30, 2023 Executive Chairman of the Economic and Financial Crimes Commission, EFCC, Ola Olukoyede has called for closer working relationship with the Federal Inland Revenue Service, FIRS in tackling…
Oyedele raises concerns over N6trillion losses in tax waivers annually
November 24, 2023 The Chairman of the Presidential Committee, Tax and Fiscal Policy Reform, Taiwo Oyedele has expressed concern over the implications of the country incurring losses of up to…
FASD report: Mineral revenue accounts for N6.40trn as NNPCL, NUPRC, 3 others remit N14.38trn to Federation Account in 2 yrs – NEITI
Nov. 10, 2023 The Nigeria Extractive Industries Transparency Initiative (NEITI) says five Federal government revenue generating agencies remitted ₦14.38 trillion as revenue from the extractive sector to the federation account…
Court strike down laws denying tax debtor’s right of appeal
Nov. 9, 2023 A Federal High Court sitting in Abuja has struck down some “offending provisions” which takes away the right of appeal of a tax debtor. Specifically, the affected…
Senate confirms Zaccheus Adedeji as FIRS Chairman
Oct.31, 2023 The Senate has confirmed the appointment of Mr Zaccheus Adedeji as the Executive Chairman, Federal Inland Revenue Services (FIRS). This follows the adoption of a motion by the…
FG receives first batch of CNG vehicles, establishes 7 conversation centres
The Presidential Compressed Natural Gas (CNG) Initiative Steering Committee, on Friday said seven CNG conversation centres have been established in the country. Chairman of the Committee, Mr Zacch Adedeji, made…