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Tag: Mr. Babatunde Fowler

Non-oil Will Fetch 80% Of Nigeria’s Revenue – Fowler

Non-oil Will Fetch 80% Of Nigeria’s Revenue - Fowler   The Executive Chairman, Federal Inland Revenue Service, Mr Babatunde Fowler, has said that Nigeria will earn at least 80 per cent of its revenues from the non-oil sector in the next three years. According to a statement...

All Tax Processes Are Now Automated – FIRS Boss

All Tax Processes Are Now Automated – FIRS Boss   The Chairman, Federal Inland Revenue Service, Mr Babatunde Fowler, has said that improvement in revenue collection in the country over the last four years is partly due to the adoption of technology. He said this made payment...

FIRS Generated N4trn In 9 Months — Fowler

FIRS Generated N4trn In 9 Months — Fowler   The Federal Inland Revenue Service on Thursday said it collected the sum of N4.01tn in the first nine months of this year. The Executive Chairman, FIRS, Mr Babatunde Fowler, gave the figure during a meeting with the Senate...

23,141 Tax Defaulters Owe N254bn, Says FIRS

23,141 Tax Defaulters Owe N254bn, Says FIRS   The Federal Inland Revenue Service says a total of 23,141 defaulters owe N254bn in tax liabilities. The service also said it recovered over N97.7bn from tax defaulters since it gave the directive to banks. The Executive Chairman, FIRS, Mr Babatunde...

Buhari Summons Fowler Over Tax Under Remittance

Buhari Summons Fowler Over Tax Under Remittance President Muhammadu Buhari has summoned the Executive Chairman of the Federal Inland Revenue Service(FIRS) Mr Babatunde Fowler to the Presidential Villa Monday August 19 to explain discrepancies  and underremittance of tax revenue between 2015 and 2018, Economic Confidential...

FIRS Sets Deadline For VAT Remittance

FIRS Sets Deadline For VAT Remittance The Federal Inland Revenue Service has said all companies must remit value-added tax and withholding tax by the 21st day of every month. It disclosed this in a public notice on Wednesday signed by its Chairman, Mr Babatunde Fowler, noting...