Federal Inland Revenue Service
FIRS to block $10bn tax leakage by multinational
The Federal Inland Revenue Service (FIRS) says it is working towards blocking about 10 billion dollars tax leakages by multinational corporations operating in the country
FIRS targets N8.5trn revenue in 2020
The Federal Inland Revenue Service (FIRS) says it is targeting N8.5 trillion revenue for the country in 2020. The Executive Chairman of FIRS, Mr Muhammad Nami, disclosed this at the 2020 Corporate Plan Retreat...
Hate speech, fake news threaten Nigeria’s unity, but death penalty too extreme –– Momoh
Widespread condemnations have continued to trail the National Commission for the Prohibition of Hate Speech Bill, and the Protection from Internet Falsehood and Manipulation and Other Related Offences Bill
Parties seek out of court settlement in N25 billion suit
The Federal Inland Revenue Service (FIRS) and First Bank Plc, have opted for out of court settlement in an N25 billion damages suit filed against them by an indigenous company, Biatemp Ventures Ltd over alleged account manipulation.
Fire burnt only computer waste, stationery, says FIRS
The Federal Inland Revenue Service (FIRS), has said nothing critical to its operations was affected by the fire incident, which occurred at its headquarters on Saturday. The Service made this known in a statement signed by Head, Communications and Servicom Department, Wahab Gbadamosi, issued in Abuja, yesterday.
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.
Nigeria loses $15 billion annually to tax evasion, says FIRS
Sequel to the Nigerian Government announcement of a new $3billion credit line from the Bretton Woods Institutions to overhaul electricity infrastructure in the country
How FIRS, other agencies miss revenue targets
Aside observed economic challenges, the failing strategies deployed by the Federal Inland Revenue Service (FIRS) in the collection of tax revenue is leaving billions of naira...
Reconstituted NTPIC will boost non-oil revenue, says Fowler
The Chairman, Federal Inland Revenue Service (FIRS), Tunde Fowler, has declared that the reconstitution of the National Tax Policy Implementation Committee (NTPIC), will lead to a boost in the country’s non-oil revenue.
FIRS accuses First Bank of account manipulation in N25b suit
The Federal Inland Revenue Service (FIRS) has admitted that it received a purported over-bloated turnover of Biatemp Ventures Limited account from First Bank Plc. In a statement of defence filed before the Federal High Court, Abuja, FIRS stated that it received a compact disc (CD) containing evidence that the company received an inflow of over…