Federal Inland Revenue Service
19 Sep 2023
The newly appointed Acting Executive Chairman of the Federal Inland Revenue Service (FIRS), Zaccheaus Adedeji, has lamented a situation where Nigeria spends 96 per cent of its revenue on debt servicing, saying the trend would be reversed soon. Adedeji, who spoke during a handing-over ceremony at the FIRS Headquarters in Abuja, yesterday, said he would…
25 Aug 2023
The Federal Inland Revenue Service (FIRS) has said most mainstream shipping companies that refuse to comply with their tax obligations get away with their actions due to poor enforcement of relevant laws by the Nigerian Maritime Administration and Safety Agency (NIMASA), Nigerian Ports Authority (NPA) and other government agencies operating in the maritime sector. The…
1 Jun 2023
The Federal Inland Revenue Service (FIRS) said Nigeria’s tax-to-GDP ratio which, in the last 12 years, hovered between five and six per cent rose to 10.86 per cent by the end of 2021
26 May 2023
Nigeria has the capacity to generate N20 trillion yearly from tax if more taxable Nigerians are brought into the tax net.