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Tax

FIRS deploys online portal to check fake tax certificates

ReleaseBy Dr Abdullahi Ismaila Ahmad, Director, Communications and Liaison, Federal Inland Revenue ServiceAs part of measures to check the activities of fraudsters who specialise...

Tax Evasion: FIRS Plans Direct Deductions from Defaulters Bank Accounts, Other Assets

Following rising cases of wilful and illegal withholding of taxes collected by companies, corporations, Ministries, Departments and Agencies (MDAs) and other agents of collection,...

Experts, Stakeholders Canvass Tax Automation At FIRS’ Dialogue

The Federal Government has been advised to explore data and intelligence in order to ease tax collection and improve its revenue base.Tax experts, speakers,...

Multi-nationals rob Nigeria blind, FIRS creates audit units against illicit financial flow

As often suspected and speculated by analysts, big multi-nationals have been robbing Nigeria blind, the chief tax man and Executive Chairman of the Federal...

Osinbajo: How we plan to use auto-gas that sells for N80 per litre to replace petrol; no tax increases for now

In a determined effort to offer Nigerians an effective option to petrol, the Federal Government will focus on developing Compressed Natural Gas otherwise known...

Non-oil tax revenue increases as reforms kick in at FIRS

Despite the national and global economic upheaval caused by the COVID-19 pandemic, the Federal Inland Revenue Service (FIRS) has continued to record significant increase...

(Opinion) Covid-19 pandemic and the Nigerian tax policy responses

By Oluwole Osagie–JacobsIt is common knowledge that the Nigerian economy is passing through perilous times. The economy which is the engine of the government...

Updated: Revenues fall everywhere; but not so for Nigeria’s tax ‘man’, exceeds target by 10.4.% increase in Q1

Is it really possible? What is responsible for the magic? In spite of turbulence in the global economic system, especially the sharp fall in...

FIRS targets N4 trillion tax from oil, gas companies

The Federal Inland Revenue Service (FIRS) expects to rake in N4 trillion as tax revenue from the extractive sector of the Nigerian economy in...

Elites should show good example and pay taxes, says FIRS boss

Executive Chairman, Federal Inland Revenue Service (FIRS), Mr. Muhammad Nami, has charged the Nigerian elites to be exemplary taxpayers to the rest of the...

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