For the first time in Nigeria, the country’s major revenue generation and collection agency, Federal Inland Revenue Service with the acronym “FIRS” broke the jinx and did wonders for the country. FIRS recorded N6.405 trn revenue in 2021 thus surpassing its target by more than 100 percent. What a great …
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The Buhari Media Organisation (BMO) has hailed the Federal inland Revenue Service (FIRS) for effectively using technology to improve its productivity and exceed its 2021 collection target of N6.04trn despite global economic challenges. BMO said in a statement signed by its Chairman, Niyi Akinsiju, and Secretary, Cassidy Madueke that it …
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The Federal Inland Revenue Service (FIRS) has stated that it will achieve 100% automation of all its tax administration processes with the aim of blocking revenue leakages thereby revolutionizing revenue generation in Nigeria. Calling for the cooperation of Nigerians to achieve this, the Executive Chairman of the FIRS, Muhammad Nami …
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Finance Minister, Kemi Adeosun, said yesterday that more than half of Nigeria’s value added tax, VAT, comes from Lagos State alone. Kemi Adeosun Speaking at the parley between the Federal Government and Progressive Governors Forum, PGF, in Abuja, Adeosun said 87 percent of Nigeria’s VAT was derived from four states …
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Linda Ikeji might soon be in a running battle with the Lagos Inland Revenue Service over an alleged tax evasion. It was learnt that moves to track her down started about a month ago but all attempts by the agency were said to have been frustrated. According to Capital Ng …
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