CITN renews vision statement to widen horizon
To widen its corporate horizon, the Chartered Institute of Taxation of Nigeria (CITN), has renewed its vision and mission statement, with the hope to pursue the actualisation of both with more vigour.
FIRS posts N1.5tn revenue in Q1 of 2019, Fowler says
The Federal Inland Revenue Service ((FIRS) generated N1.5 trillion revenue in the first quarter (Q1) of 2019, according...
FIRS targets N750b from tax evading firms
To boost government’s revenue, the Federal Inland Revenue Service (FIRS) has unveiled plans to generate N750 billion from erring accounting firms in the country.
‘Tax reforms hold $72b in extra revenue for Nigeria, others’
Nigeria and other African countries could increase tax revenue by as much as $72 billion or 4.6 per cent of Gross Domestic Product (GDP) yearly if comprehensive tax reforms are carried out, the Economic Commission for Africa (ECA) says.
FIRS hits N5.2 trillion tax revenue, gets N8tr target in 2019
The Federal Inland Revenue Service has recorded an all-time high tax revenue collection of N5.23 trillion in 2018, with Value Added Tax (VAT) at N1.11 trillion for the first time.
FIRS generates N4.3trn tax revenue from January to October - Fowler
The Federal Inland Revenue Service (FIRS) on Friday said it generated N4.3 trillion as tax revenue between January and October this year. FIRS Executive Chairman, Babatunde Fowler, disclosed this during the “Federal Inland Revenue Service Special Day” at the ongoing Lagos International Trade Fair held at Tafawa Balewa Square. Represented by Mrs Angel Fadahunsi, FIRS…
Stakeholders urge taxation review
Industry operators have called on the government to support the sector’s growth and development by collaborating with stakeholders...
FIRS chairman, Fowler lauds Osun State’s revenue drive
Chairman, Federal Inland Revenue Service (FIRS), Babatunde Fowler, has commended the revenue drive of Osun State government. He made the commendation when he visited the state Governor, Rauf Aregbesola in Osogbo, the state capital. In commending the revenue process, he said it has ensured the judicious spending of taxpayers’ money in building infrastructure and…