Senate Approves N216.646bn FIR's 2021 Budget       The Senate has approved N216, 646, 579, 231.00 as 2021 budget for the Federal Inland Revenue Service (FIRS). The Senate also approved the upward review of the revenue target of FIRS from N5.076 trillion last year to N7.61 trillion this...

NSE’s Demutualisation Will Strengthen Investor Confidence - FIRS     The ongoing conversion of the Nigerian Stock Exchange (NSE) from a not-for-profit, member-owned, mutual organisation to a profit-based public limited liability company will create many benefits and improve investor’s confidence. Executive Chairman, Federal Inland Revenue Service (FIRS), Alhaji...

Nigeria Lost $178bn To Tax Evasion By Multinationals - FIRS         The Executive Chairman, Federal Inland Revenue Service (FIRS), Mr. Muhammad Nami, yesterday said the country lost over $178 billion (about N5.4 trillion) through tax evasion by multinationals doing business in the country between 2007 and...

FIRS Rakes In N4.122trn In Ten Months         The Federal Inland Revenue Service (FIRS) yesterday put its overall 2020 performance from January to October at N4.122 trillion. It said this is in spite of Covid-19 challenges, financial Act 2019 incentives and palliatives concessions. FIRS added that its non-oil...

FIRS Generates N4.178trn In 10 Months         The Federal Inland Revenue Service on Monday said as of the end of October this year, it had generated N4.178 trillion out of the target of N4.23 trillion for the same period. Coordinating Director, Tax Operations Group of the FIRS,...

FIRS Unions Move To Achieve N8.8trn Revenue Target The two labour unions at the Federal Inland Revenue Service have reassured Nigerians, the Federal Government and the management that they will ensure that the agency’s N8.8tn revenue target for 2019 is realised. The Chairmen, FIRS chapters of...