Tag: FIRS
NEITI report: 55 oil companies owe FG N1.32tn
The Nigeria Extractive Industries Transparency Initiative (NEITI) on Monday published the 2020 oil and gas industry report and equally announced ...
Nami: FIRS will leverage on finance act to achieve adequate budget funding
The Federal Inland Revenue Service (FIRS) has stated that it would use the instrumentality of the Finance Act 2021 to ...
FIRS resumes collection of income tax on bonds, short-term securities
The Federal Inland Revenue Service (FIRS) has disclosed that it will start collecting taxes on income derived by companies from ...
Revenue generation: CG Customs raises concern over Finance Act
The Comptroller General, Nigeria Customs Service (NCS), rtd Col. Hameed Ali has raised concern over the Finance Act. Ali stated that ...
Supreme Court delaying resolution of VAT dispute, Wike alleges
Rivers Governor, Nyesom Wike, has accused the Supreme Court of being “lethargic” in resolving the legal dispute on the Value ...
FIRS generates N6.4 trn revenue in 2021
The Federal Inland Revenue Service (FIRS) has raked N6.4 trillion as revenue in 2021, the highest in its history. The ...
FIRS: We’ll ensure 100% automation of tax administration processes in 2022
Federal Inland Revenue Service (FIRS), Muhammad Nami has disclosed that the agency will achieve 100 percent automation of all its ...
Zainab Ahmed: Nigerians to pay VAT for digital services
Minister of Finance, Budget and National Planning, Zainab Ahmed has disclosed that Nigerians may have to pay more for digital services. ...
Nigeria’s tax-to-GDP ratio undercalculated, says Nami
Executive chairman of the Federal Inland Revenue Service (FIRS), Muhammad Nami has criticised the computation of Nigeria's tax-to-gross domestic product ...
How N2bn was siphoned from FIRS under guise of duty tour allowance – EFCC witness
Ijeoma Matilda, an EFCC operative, testified before a Federal High Court in Abuja on Wednesday about how N2 billion was ...
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