Federal Inland Revenue Service
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…
FIRS freezes 6,772 accounts, generates N3.5 trillion
The Federal Inland Revenue Service (FIRS) has said it generated N3.5 trillion for Federal Government between the months of January and September 2018. The Executive Chairman, FIRS, Tunde Fowler, who disclosed this in Lagos, during a stakeholders meeting, said the amount generated was N1trillion higher than the revenue it recorded in the corresponding period…
States owe FIRS N41bn tax – NEC
The National Economic Council (NEC) says states are owing the Federal Inland Revenue Service (FIRS) N41 billion in Value Added Tax (VAT). Gov. Badaru Abubakar of Jigawa State, disclosed this while briefing State House Correspondents shortly after NEC meeting presided over by the Acting President, Prof. Yemi Osinbajo, on Thursday in Abuja. He said that…
How FIRS attained N4 trillion revenue target in 2017, by Fowler
The Federal Inland Revenue Service (FIRS) has said it broke boundaries in 2017, notwithstanding the country’s slow activities and exit from recession, to achieve a record N4 trillion in tax revenue collections. The Chairman of FIRS, Babatunde Fowler, said this during a courtesy visit of the agency, the members of the Senate Committee on Finance…
‘FIRS generated N4 trillion taxes in 2017’
The Federal Inland Revenue Service (FIRS) collected record N4 trillion taxes last year, representing 82.38 per cent of government set target of N4.89 trillion. The FIRS Chairman, Mr. Babatunde Fowler, disclosed this yesterday during a visit by the members of the Senate and House of Representatives Finance Committees to the palace of the Oba of…
Telcoms’s VAT calls’ audit job was in national interest, at no cost, Fowler tells lawmakers
The Chairman, Federal Inland Revenue Service, (FIRS) Mr. Tunde Fowler, has dismissed as fantasy, the claim that it awarded huge contracts to a young company, Active Solution Integrated Synergy, without following procurement process.
Nigeria needs new strategies to grow local technology, says Ibrahim
Dr. Dan-Azumi Mohammed Ibrahim is the Director-General the National Office for Technology Acquisition and Promotion (NOTAP), one of the 17 parastatals under the Federal Ministry of Science and Technology.
FIRS; simplifying tax compliance through ICT initiatives
In June 2016, the Federal Government of Nigeria allocated over N500 billion among the three tiers of government. This is the first time this year that such an amount of money has been allocated by the Federation Accounts Allocation Committee (FAAC).
Tax debt: FIRS shuts more firms in Lagos, Abuja
The Federal Inland Revenue Service (FIRS) continued its tax compliance drive in Lagos State and Abuja on Wednesday, shutting the premises of defaulting companies.
How we raised N500b tax revenue for FAAC in June, by FIRS boss, Fowler
Chairman, Joint Tax Board (JTB) and Executive Chairman, Federal Inland Revenue Service (FIRS), Mr. Tunde Fowler, has explained how the Federal Government raised over N500 billion allocated by the Federal Accounts Allocation Committee (FAAC) in June.