Why Senate Wants FIRS to Suspend N17tn Tax Waivers
The Senate has frowned at the N17tn loss incurred by the country on tax waivers within the last five years. ...
Tag: FIRS
FG Sets N19.4tn Revenue Target for FIRS in 2024
The Federal Government has set a tax revenue target of N19.4tn for the Federal Inland Revenue Service (FIRS) in 2024. ...
Forex: Banks to Implement FIRS’ Directive on eTransfer Levies Deduction From 2021
By January 31, 2024 Deposit Money Banks (DMBs) across the country will begin the deduction of outstanding Electronic Money Transfer ...
Why FIRS Sent N5bn to Presidential Tax Committee – Oyedele
Mr. Taiwo Oyedele, Chairman, Presidential Fiscal Policy and Tax Reforms Committee, has offered explanations regarding the five billion naira (N5,000,000,000,000), ...
Nigeria in Revenue Crisis, New FIRS Boss Laments
Nigeria is in a revenue crisis and requires urgent steps to change the narrative. Zacch Adedeji (Dr), the new chairman ...
Less than 40million Nigerians Paying Tax – RMAFC Chair Reveals
Less than 40 million Nigerians are captured paying their taxes, saying Muhammad Shehu, the Chairman, Revenue Mobilisation Allocation and Fiscal ...
BREAKING: Tinubu Appoints Zacch Adedeji as Acting Chairman FIRS
President Bola Tinubu has approved the appointment of Zacch Adedeji as the Acting Executive Chairman of the Federal Inland Revenue ...
Presidential Committee Wants Customs, 62 other MDAs Restricted from Direct Revenue Collection
"So, move those revenue collection function to the FIRS"
Analysts Advocate for Total Reversal of Some Taxes
Amid President Tinubu's decision to suspend specific taxes temporarily, analysts are casting doubt on the efficacy of such measures. Instead, ...
Nigeria’s Tax-to-GDP Ratio Exceeds Previous Estimates of 10.86%
According to the Statistician-General of the Federation, Prince Adeyemi Adeniran, Nigeria's current Tax-to-GDP ratio is higher than the 10.86 percent ...
Forex Access: Why Nigerian Government Enforces TCC Requirement
Accessing foreign currency (forex) from Nigerian banks has become increasingly challenging for businessmen, exporters, and students studying overseas. The situation ...
Stransact Canvasses for Homegrown Solutions to Nigeria’s Tax Problems
Stransact (Chartered Accountants), the correspondent firm of RSM, the sixth largest accounting and auditing firm in the world, has advocated ...
FIRS Extends VAT Filing Deadline to April 30
The Value Added Tax (VAT) filing deadline for April 2023 has been extended, according to a statement from the Federal ...
UK-African Investment Summit Holds April 2024
Prime Minister will host African leaders in London for the second UK-African Investment Summit on 23-24 April 2024, building on ...
NITDA, FIRS Seek Stakeholders’ Support via Prompt Payment of Levy to Speed Up Deliverables
In order to achieve its mandate of implementing relevant policies, developing and regulating Information Technology for sustainable development, the National ...
