When Muhammad Nami was appointed to take over the helm of affairs at the Federal Inland Revenue Service (FIRS), many were of the view that the appointment is to sate the demands of some influential persons as his antecedents doesn’t show him as one that can lead the revenue collection …
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Finance Minister To RMAFC: Your Job Is To Monitor, Not Collect Revenue
Nigeria’s Minister of Finance, Budget and National Planning, Zainab Ahmed has restated the constitutional role of the Revenue Mobilisation, Allocation and Fiscal Commission (RMAFC), on the monitoring of accruals and disbursements of revenue from the Federation Account, pointing that the powers of the commission as constitutionally stated do not relate …
Read More »Adegoke debunks report on delay in payment of Civil Servants December salary
Dr. S A. Adegoke has denied issuing a circular on alleged delay in payment of December salary of Civil Servants. Adegoke spoke on Tuesday when journalists approached him for clarification on the issue. He described the report as a hoax and work of mischief-makers, who are bent on tarnishing his …
Read More »FINANCE BILL 2021: “Our Tax System Must Work For Every Nigerian”, says FIRS Chairman
The 2021 Finance Bill must be tailored towards enabling an efficient tax system that works for every Nigerian. This was the position of the Federal Inland Revenue Service (FIRS) disclosed by its Executive Chairman, Muhammad Nami to journalists after a stakeholder engagement on the Finance Bill 2021, today at the …
Read More »Why Nigeria doesn’t have accurate Tax to GDP ratio – FIRS
The Executive Chairman of the FIRS, Muhammad Nami has highlighted the need to include all revenue generated at the national and sub-national levels in order to properly determine the accurate computation of Nigeria’s tax-to-GDP ratio. He stated this in his welcome remarks at the “National Symposium On Taxation And Challenges …
Read More »NSSF debuts ‘Visions of Nigeria’ Photography Contest
In furtherance of its quest to mitigate the adverse effects of the COVID-19 pandemic on Nigerians and to empower Nigerian youths, the Nigeria Solidarity Support Fund (NSSF) has unveiled a special COVID-19 themed photography contest tagged WENAIJA Photography Contest. NSSF is a not-for-profit innovative platform for resource mobilization primarily created …
Read More »FIRS explains why Nigeria is yet to sign the OECD Minimum Corporate Tax Agreememt
The Federal Inland Revenue Service (FIRS) has explained why Nigeria did not sign the Organisation for Economic Cooperation and Development (OECD) G20 Inclusive Framework two-pillar solution to tax challenges of the digitalized economy. The OECD G20 Inclusive Framework two-pillar solution proposes a framework of rules aimed at tackling base erosion …
Read More »CANARY POINT WINS IMPACT IN QUALITY EDUCATION AWARD AT LGF AWARDS
Canary Point Corporate Services (CPCS) has emerged as the winner of the corporate organisation with measurable impact in ensuring that less-privileged children have access to quality education by the Lawrence Grace Foundation (LGF). Canary Point clinched the Award for its impact on Quality Education during the LGF Dinner and Award …
Read More »PhotoNews: Nami, FIRS & CATA honcho seeks collaboration at CATA’s inaugural meeting
Muhammad Nami, the Executive Chairman of the Federal Inland Revenue Service (FIRS) Nigeria and President of the Commonwealth Association of Tax Administrators (CATA), on Friday held his first face-to-face meeting with the CATA Secretariat at the United Kingdom’s Treasury House. The meeting had in attendance executives of the CATA Secretariat, …
Read More »OYRTMA Issues Traffic Advisory, As Burnt PMS-Laden Tanker Causes Traffic Snarl in Ibadan
Following an explosion of a PMS-laden tanker along the Agodi area in Ibadan, the Oyo State Road Transport Management Authority, OYRTMA, has advised road users to use alternative routes, while its men and other relevant agencies strive to return normalcy to the route. A statement signed by the Agency’s Chairman, …
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