the federal inland revenue service (firs) news

  1. Nigeria Political News

    Politics FIRS: How Fowler wrote SGF to seek re-appointment [Letter] – Daily Post Nigeria

    Former Chairman of the Federal Inland Revenue Service (FIRS), Babatunde Fowler, wrote to the Secretary to the Government of the Federation (SGF) Boss Mustapha, seeking for a second term before he was replaced on Monday by President Muhammadu Buhari.... Read more via Daily Post Nigeria –...
  2. Nigeria Political News

    Politics 11 Things You Should Know About Muhammad Nami, Buhari’s Nominee To Head FIRS – Tori News

    These are some things you should know about the new chairman of the Federal Inland Revenue Service, Muhammad M. Nami. President Muhammadu Buhari has nominated Muhammad M. Nami as the... Read more via Tori News – Get More Nigeria Political News
  3. Nigeria Political News

    Politics Tenure: Court Strikes Out Suit Seeking Fowler‘s Sack As FIRS Boss – Nairaland

    A Federal High Court sitting in Kano, yesterday, dismissed a suit challenging the tenure of Mr. Babatunde Fowler as Executive Chairman of the Federal Inland Revenue Service..... Read more via Nairaland – Get More Nigeria Political News
  4. Nigeria Business News

    Business Finance Minister, Zainab Ahmed says Nigeria’s VAT collection rate is low – Nairametrics

    As the Nigerian Government is trying to raise revenue through the increase of Value Added Tax (VAT), the Minister of Finance, Budget and National Planning, Zainab Ahmed has lamented Nigeria’s poor collection rate of VAT, saying it is 0.2%, lower than the African average of 0.33%..... Read...
  5. Nigeria Political News

    Politics FG, states, LGs share N740.88b for August – The Guardian Nigeria News

    The Federal Account Allocation Committee (FAAC) yesterday distributed N740.88 billion to the federal, state and local governments as allocation for August 2019..... Read more via The Guardian Nigeria News – Get More Nigeria Political News
  6. Nigeria Business News

    Business FIRS gives tax defaulters a 30-day ultimatum – Nairametrics

    The Federal Inland Revenue Service (FIRS) has given companies with a lien on their bank accounts a 30-day ultimatum to regularise their tax status and pay the tax due. In what appears to be in line with the … Read more via Nairametrics – Get more: Nigeria Business News
  7. Nigeria Metro News

    Metro FIRS boss, Fowler, not under investigation, Garba Shehu says – Vanguard News

    The Presidency, through the Senior Special Assistant to the President on media and publicity, Garba Shehu, has said that the Federal Inland Revenue Service (FIRS), boss, Babatunde Fowler, is not under any investigation..... Read more via Vanguard News – Get More...
  8. Nigeria Business News

    Business MTN Nigeria asks tribunal to rule on tax treatment of $1 billion fine – WSAU

    MTN Nigeria has asked a Nigerian tax tribunal to rule on whether the company should pay corporate tax on a 330 billion naira ($1.1 billion) fine, a spokesman for the telecoms company said..... Read more via WSAU – Get more: Nigeria Business News
  9. Nigeria Political News

    Politics El-Rufa’i appoints new Accountant-General, 2 others – P.M. News

    Governor Nasir El-Rufai of Kaduna State has appointed Shizzer Bada as the new Accountant General of the state.... Read more via P.M. News – Get More Nigeria Political News
  10. Nigeria Business News

    Business FIRS is launching a new Universal TIN that makes it even harder to avoid paying tax – Nairametrics

    The Chairman of the Joint Tax Board (JTB) and Federal Inland Revenue Service (FIRS), Mr. Babatunde Fowler, has disclosed that the tax agency is set to launch a new Tax Identification Number registration system to boost tax compliance and revenue collection in the country.... Read more via...
  11. Nigeria Business News

    Business ‘Tax reforms hold $72b in extra revenue for Nigeria, others’ – NaijaBizCom.Com

    Nigeria and other African countries could increase tax revenue by as much as $72 billion or 4.6 per cent of Gross Domestic Product (GDP) yearly if comprehensive tax reforms are carried out, the Economic Commission for Africa (ECA) says.... Read more via NaijaBizCom.Com –...
  12. Nigeria Business News

    Business FIRS lifts restrictions on bank accounts of alleged tax defaulters – TODAY.NG

    Reuters The Federal Inland Revenue Service (FIRS) has written to banks, directing them to lift the lien on tax defaulters’ bank accounts for 30 days. The directive, which takes immediate.... Read more via TODAY.NG – Get more: Nigeria Business News
  13. Nigeria Business News

    Business FIRS has gone draconian by freezing accounts of alleged tax defaulters, says KPMG – TheCable

    KPMG, one of the Big Four auditors in the world, says Nigeria’s Federal Inland Revenue Service (FIRS) has gone draconian by giving fiats to banks to freeze accounts of suspected tax defaulters. In September 2018, Tunde Fowler, FIRS chairman, said the service was going after 6,772 tax...
  14. Nigeria Metro News

    Metro FIRS Targets N8tn Revenue in 2019 – Thisdaylive Newspaper

    The Federal Inland Revenue Service (FIRS) has set a N8 trillion revenue target for 2019. This came as it also confirmed that it collected a total sum of N5.32 trillion in 2018, the highest revenue receipt since 2012 when it realised N5.07 trillion..... Read more via Thisdaylive Newspaper –...
  15. Nigeria Business News

    Business FIRS pools N4.63trn into federation purse 11 months – Newtelegraph

    The Federal Inland Revenue Service (FIRS) paid the sum of N4.63 trillion revenue into federation purse between January and November 2018. The amount was reflected in FIRS’ revenue fact sheet presented to the.... Read more via Newtelegraph – Get more: Nigeria Business News
  16. Nigeria Metro News

    Metro FIRS set to break all-time record, generates N5trn in 50 weeks – TheCable

    Tunde Fowler, the executive chairman, Federal Inland Revenue Service (FIRS), says the service has generated N5 trillion in 50 weeks of 2018. He added that the agency is at the verge of making N5.3 trillion at the end of the year..... Read more via TheCable – Get More...
  17. curator

    Nigerian government recovers ₦30 billion from VAIDS, to issue declaration certificates – Techpoint

    From all indications, the Voluntary Assets and Income Declaration Scheme (VAIDS) is proving to be effective as the Nigerian government has so far recovered ₦30 billion. VAIDS was designed by the ... Read more via – Get more: Nigeria Business News