Why FIRS Generated N12.3trillion in 2023
The Chief Executive, Federal Inland Revenue Service (FIRS), Mr Zacch Adedeji, said the organisation witnessed remarkable revenue due to dedication in nurturing and empowering its workforce, and ensuring they possessed the skills, knowledge and tools necessary to excel.
Mr. Adedeji,...
Senate to FIRS: Suspend N17trn Tax Waivers
The Senate through its Committee on Finance on Monday frowned at the N17tn loss incurred by the country on tax waivers within the last five years.
It consequently urged the Federal Inland Revenue Service (FIRS) to suspend the tax...
ICPC, FIRS Strike Partnership to Tackle Financial Tax Frauds
The Independent Corrupt Practices and Other Related Offences Commission (ICPC) and the Federal Inland Revenue Services (FIRS) have opened talks on three crucial areas the two agencies could explore to mitigate financial tax frauds and other...
FIRS Grants Waivers on Tax Penalties, Issues Dec 31 Deadline
The Federal Inland Revenue Service (FIRS) has offered a complete waiver on penalties and interests for overdue taxes, contingent on full principal payment before December 31, 2023.
This announcement was made through a statement issued by...
Every Kobo of Nigeria’s Revenue will Count Under Tinubu, Says Aide
The Special Adviser to the President on Revenue, Zacch Adedeji, has said
the administration of President Bola Ahmed Tinubu will ensure that every kobo of the nation’s revenue counts.
He said this at a one-day hybrid...
Fed Govt To Stop Multiple Revenue Agencies
Following persistent outcry of the Nigerian Organised Private Sector against multiple taxation from the three tiers of government, has hinted of an impending plan to shrink the number of revenue collection agencies in a bid to boost ease...