13 Jun 2021
Chairman of the Federal Inland Revenue Service (FIRS), Muhammad Nami, has urged the National Assembly to amend existing tax laws that will end tax evasion by individuals and corporate bodies in the country.
27 May 2021
The Chairman of the Joint Tax Board and Federal Inland Revenue Services (FIRS) Muhammad Nami has appealed to the National Assembly and key stakeholders to identify, review and amend some of the conflicting provisions in the FIRS....
5 Mar 2021
The chairman of the Independent Corrupt Practices and Other Related Offences Commission (ICPC) Prof. Bolaji Owasanoye has revealed that Nigeria accounts for 20 percent (about $10 billion) of the estimated $50 billion that Africa was losing to Illicit Financial Flows (IFFs). Owasanoye made the disclosure in his welcome remark at a physical and virtual zoom…
5 Feb 2021
Parastatal agencies under the Ministry of Communications and Digital Economy have held an interactive session to discuss critical areas of synergy on the implementation of key provisions...
10 Dec 2020
The Federal Inland Revenue Service (FIRS), yesterday said, it had collected N251 billion worth of Education Tax (EDT) as at October this year for the Tertiary Education Trust Fund (TETFund) to build capacity and infrastructure in Nigeria’s tertiary education system.
19 Nov 2020
Early adoption and deployment of technology will be crucial to any e-govt strategies in Nigeria.
18 Sep 2020
Nigeria government on Friday apologised for the misleading information it published about the recent directive on self-certification form. "We apologize for the misleading tweets (now deleted) that went up yesterday, regarding the completion of self-certification forms by Reportable Persons," the Nigeria government tweeted on Friday morning. "The message contained in the Federal Inland Revenue Service…
18 Sep 2020
The Federal Inland Revenue Service (FIRS) has said anyone who fails to register and submit their self-certification forms risk forfeiture of their bank accounts and other assets with financial institutions. FIRS's warning came after it announced that it is mandatory for all Nigerians operating bank accounts to register for self-certification at their respective banks. "This…
1 Sep 2020
As part of measures to widen tax nets in Nigeria and other African countries, the need for countries to invest in technologies and track digital transactions has been echoed.
13 Jul 2020
This matter of making the Stamp Duty (and by implication tax revenue) the next black gold has occupied my mind even long before I was appointed the Executive Chairman of the Federal Inland Revenue Service.
6 Jul 2020
In the 21st century, rating effective leadership is now based on leaders’ possession of ‘soft skills’. Leadership today is no longer rated by intimidating or swaying charisma like that of Adolf Hitler. Soft skills, according to Joana Marques in ‘Leadership Today’ include purpose, morality, values, vision, authenticity, empathy and emotional intelligence, spirituality, and trust among…
3 Jul 2020
Stamp Duties Tax generated N66 billion within the first five months of this year, the Federal Inland Revenue Services (FIRS) has disclosed. The executive chairman of the revenue agency, Muhammad Nami, who spoke at the inauguration of the Inter-Ministerial Committee on Audit and Recovery of Back Years Stamp