Consumers kick as POS Operators Hike Charges   Operators of Point-of-Sale (PoS) terminals raised their charges on Monday in line with the implementation of the Electronic Money Transfer Levy of N50 by the Federal Inland Revenue Services charged on any electronic inflow of N10,000 and above. Several...

The Grave Dangers in Tinubu’s Tax Reform: A Northerner's Perspective By Bashir I. Bashir The tax reform bill introduced by President Bola Ahmed Tinubu includes the controversial Section 77, which seeks to overhaul Nigeria’s tax system for improved efficiency and transparency. However, the potential implications of...

We Don't Need New Taxes, We Need New Tax Payers - FIRS Boss The Federal Inland Revenue Service (FIRS) Chairman, Dr Zacch Adedeji, has reassured Nigerians that the proposed tax reform laws are not aimed at creating new taxes but increasing the number of eligible...

Dissecting Tinubu's Landmark Tax Reform Bills By Chibuzo Mikel President Bola Tinubu on October 3, 2024 transmitted four tax reform bills to the national assembly. The bills are the Nigeria Tax Bill 2024, the Nigeria Tax Administration Bill, the Nigeria Revenue Service Establishment Bill and the...

Why We Must Address Inherent Injustice in Present VAT Regime - FIRS Boss   The Chairman of the Federal Inland Revenue Service (FIRS), Dr. Zacch Adedeji, has described the allocation of 70% of value-added tax (VAT) proceeds to Lagos, Rivers, and the Federal Capital Territory (FCT)...

Dangote named most tax complaint business organizations by FIRS It was a season of award at the weekend for the Dangote Group and its subsidiaries following their recognition as best Nigeria’s best compliant tax payer business organization and FMDQ Gold award winner for being the...