FCT-IRS Generates N59bn From Tax Collection The FCT-Internal Revenue Service has generated N59bn from taxation this year. The agency has also projected to increase the revenue to N130bn in 2019. The Chairman of FCT-IRS Abdullahi Attah, made the declaration during a recent sensitisation programme held in Abuja. Attah,...

As 2018 Winds Down, FIRS Generates N5trn, Targets N5.3trn According a statement by the service, the Executive Chairman of the FIRS, Babatunde Fowler, who stated this at the induction of new members of the Joint Tax Board on Wednesday in Abuja, also disclosed that the...

Tax Revenue: FG Targets N900bn Offshore Assets The Attorney General of the Federation (AGF) and Minister of Justice, Mr. Abubakar Malami, has disclosed that the federal government is looking to grow the tax revenue base in the coming years by N900 billion from offshore assets...

‘Tax Reforms Policies Should Target Consumption’   The Partner, Advisory, West Africa, EY, Ben Afudego, has stated the need for the federal government to pursue tax reforms policy to focused on consumption tax, which according to him should not be differentiated. Afudego, who disclosed this in Lagos...

Tribunal Commences Hearing Of 209 Tax Cases Worth N205bn   The newly inaugurated Tax Appeal Tribunal on Tuesday commenced its sitting on tax-related cases with a warning that it would not tolerate any delay tactics during adjudication of tax disputes. The Tax Appeal Tribunal was established pursuant...

150 Telecom Sites Shut Over Unmet Tax Demands   About 150 telecommunications base stations have been closed down in 10 states and the Federal Capital Territory as a result of unmet tax demands. The umbrella body of telecom companies, the Association of Licensed Telecommunications Operators of Nigeria,...