FG Clears N33.13bn PAYE Liabilities   The Federal Inland Revenue Service has said that the Federal Government has cleared N33.13bn outstanding PAYE tax liabilities owed by Federal Ministries, Departments and Agencies to states from 2002 to 2016, in the South-West region. The chairman, Joint Tax Board, Mr...

FG Targets 75% Non-oil Sector Revenue In 3 Years   The Executive Chairman, Federal Inland Revenue Service (FIRS), Mr. Babatunde Fowler, has projected that in the next three years, Nigeria’s non-oil revenue will be at about 75 per cent. He also anticipated that within same period, the...

FIRS Is Committed To Eliminating Multiple Taxation - Fowler   The Executive Chairman, Federal Inland Revenue Service (FIRS), Mr. Babatunde Fowler, has restated the agency’s commitment to eliminating multiple taxation in the country. Fowler said this at a tax breakfast seminar with the theme: “Tax Controversy and...

Taxation: FIRS Discovers 55,000 Tax Defaulters   The Federal Inland Revenue Service (FIRS) has disclosed that it recently discovered not less than 55,000 tax defaulters from the bank accounts substitution initiative that it embarked upon earlier this year. The Chairman of the Service, Babatunde Fowler, made the...

Fowler: No Multiple Taxation In Nigeria   The Executive Chairman, Federal Inland Revenue Service (FIRS), Mr. Babatunde Fowler, has said multiple taxation does not exist in the country’s tax system. This is just as he urged stakeholders both in the organised private and public sectors to expedite...

We'll Surpass Our N5.3trn 2018 Revenue - FIRS Boss   The Executive Chairman, Federal Inland Revenue Service, Mr Babatunde Fowler, has said that the service will this year surpass the N5.3tn revenue generated in the 2018 period. He said this during a chat with finance journalists on...