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UPDATE: Presidency Confirms Adedeji’s Appointment as FIRS Boss 

UPDATE: Presidency Confirms Adedeji's Appointment as FIRS Boss  President Bola Tinubu has approved the appointment of Zacch Adelabu Adedeji as the new Acting Executive Chairman of the Federal Inland Revenue Service (FIRS). The President in a statement by his spokesman, Ajuri Ngelale, directed the erstwhile FIRS...

JUST IN: Tinubu Appoints Zacch Adedeji as Acting Chairman of FIRS 

JUST IN: Tinubu Appoints Zacch Adedeji as Acting Chairman of FIRS  President Bola Ahmed Tinubu has appointed Mr Zacch Adelabu Adedeji as the Acting Chairman of the Federal Inland Revenue Service (FIRS). While the appointment is yet to be officially announced by the Presidency, a very...

MAN Warns FG, Says N77trn Debt may Halt Tinubu’s Economic Plan

MAN Warns FG, Says N77trn Debt may Halt Tinubu’s Economic Plan Nigeria's estimated N77 trillion debt burden is likely to stifle President Tinubu's economic plans, says the Manufacturers Association of Nigeria (MAN). The manufacturers also lamented that the sector has been at the receiving end of...

Appraising Tinubu’s Move to Reform Nigeria’s Tax System By Zekeri Idakwo

Appraising Tinubu's Move to Reform Nigeria's Tax System By Zekeri Idakwo During the week, President Bola Ahmed Tinubu inaugurated a 40-man Committee on Fiscal and Revenue Reforms. According to the Chairman of the Committee, Taiwo Oyedele, "Nigeria loses N20 trillion yearly to tax gap". This is...

FG to Stop Customs, 62 other MDAs from Collecting Revenues

FG to Stop Customs, 62 other MDAs from Collecting Revenues The Presidential Committee on Tax Policy and Fiscal Reforms says the Nigeria Customs Service and 62 other Ministries, Departments and Agencies (MDAs) of the Federal Government will stop direct collection of revenue. This was disclosed by...

‘Nigeria Loses N20trn To Tax Underpayment’

'Nigeria Loses N20trn To Tax Underpayment'   Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Mr. Taiwo Oyedele, has said tax gap in Nigeria hovers around N20 trillion. He, however, pledged the total commitment of the committee to bring about comprehensive and harmonised tax...