Nami replaces Fowler as FIRS chairman
The presidency has approved the composition of a new board for the Federal Inland Revenue Service (FIRS) subject to Senate confirmation.
Digital economy is new gold – Fowler
The Federal Inland Revenue Service (FIRS) said it has deployed electronic tax services (e-services) to ensure automation of tax processes for the purpose of improving transparency
FG to pay 2.5% commission in loot recoveries
The Federal Government is seeking the approval of the National Assembly to pay 2.5 per cent as commission to those that assisted it in the recovery of the late General Sani Abacha loot and other funds stashed abroad.
Still on VAT increase
That the recent announcement of the proposed increase in the Value Added Tax rate from five percent to seven-and-half percent is generating ripples and knocks is not unexpected.
‘Taxes generated 60% of government’s revenue in three months’
Executive Chairman of the Federal Inland Revenue Service (FIRS), Babatunde Fowler, has disclosed that taxes contributed 60 per cent of revenues distributed at the Federation Accounts Allocation...
‘How to make VAT collection effective’
The Chairman of Federal Inland Revenue Service (FIRS), Babatunde Fowler, has said that the use of technology is pivotal to the effective monitoring of Value Added Tax (VAT) collection in Africa.
FIRS boss not under investigation - presidency
The presidency Monday said Babatunde Fowler the boss of Federal Inland Revenue Service - the agency responsible for assessing and collecting taxes - is not under any investigation. "It is necessary to state categorically that the Chair of Federal Inland Revenue Service, Babatunde Fowler,is not under any investigation," the presidency said in a statement. It…
Buhari summons FIRS boss over tax revenue decline
President Muhammadu Buhari has summoned the Chairman of the Federal Inland Revenue Service (FIRS), Babatunde Fowler, to the Presidential Villa today to explain tax collection...