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FIRS To Auction Properties Of 52 Firms Over N3.4bn Tax Debt

FIRS To Auction Properties Of 52 Firms Over N3.4bn Tax Debt   The Federal Inland Revenue Service is to dispose of the properties of 52 companies over tax debts valued at about N3.4bn. Investigations by our correspondent in Abuja showed that already, the Legal Department of the...

Kogi Shuts Down MTN Facilities Over N120m Tax Default

Kogi Shuts Down MTN Facilities Over N120m Tax Default   The Kogi State Internal Revenue Service (KGIRS) has again shutdown facilities of telecommunications giant, MTN Nigeria over failure to pay tax obligations of N120 million to the government. The Kogi revenue agency had in October last year...

We’ll Surpass Our N5.3trn 2018 Revenue – FIRS Boss

We'll Surpass Our N5.3trn 2018 Revenue - FIRS Boss   The Executive Chairman, Federal Inland Revenue Service, Mr Babatunde Fowler, has said that the service will this year surpass the N5.3tn revenue generated in the 2018 period. He said this during a chat with finance journalists on...

In 2018, FIRS’s Revenue Collection Cost Hit N300bn

In 2018, FIRS’s Revenue Collection Cost Hit N300bn The Federal Inland Revenue Service received a total of N300bn within a three-year period covering 2016 to 2018. The figure was obtained by our correspondent from the FIRS on Monday in Abuja. The law setting up the FIRS allows...

FIRS Targets N8trn Revenue In 2019

FIRS Targets N8trn Revenue In 2019 The Federal Inland Revenue Service has given itself a target to generate N8trn revenue in 2019. As such, it called on all taxpayers and other stakeholders to support the drive to make the target achievable. The Chairman, FIRS, Mr Tunde Fowler,...

FIRS Hits N5.3trn Revenue Collection

FIRS Hits N5.3trn Revenue Collection …..Targets N8trn in 2019 …. e-TCC hits 59,350 The Federal Inland Revenue Service, FIRS, re-wrote Nigeria’s tax collection history in 2018, when it announced that it has collected a total of N5. 320 trillion. Tunde Fowler, Executive Chairman, FIRS, who made the announcement...