Federal Inland Revenue Service (FIRS)

The Federal Inland Revenue Service (FIRS) says it has been generating N3 billion revenue weekly from stamp duty collection.This stamp duty revenue is generated weekly from May 2020 to date from Deposit Money Banks (DMBs).Executive…

The Senate has approved the sum of N168,809,476,220 to fund the proposed Personnel, Overhead and Capital expenditure cost of the Federal Inland Revenue Service (FIRS) for the 2020 fiscal year.The approval by the upper legislative…

Following the sack of old directors, the new management of Federal Inland Revenue Service (FIRS) has appointed four new coordinating directors (CD) and two group leads (GL) in acting capacity. A statement from the service on Wednesday…

Plans are underway for the commencement of investigate hearing into the loss of over $30 billion revenue leakages arising from sources such as Central Bank of Nigeria (CBN), Autonomous Forex Market, Interbank, domiciliary and over the…

The Tax Appeal Tribunal, Lagos Zone has ruled as lawful, an assessment in additional tax liability of N1.738,481,875.33 issued to Prime Plastichem Nigeria Limited (PPNL) by the Federal Inland Revenue Service (FIRS) as the correct income tax…

The Kano Zonal Office of the Economic and Financial Crimes Commission(EFCC) has quizzed on Monday, the current Minority Leader and former speaker of the Kano State House of Assembly, Isiyaku Ali Danja for alleged abuse of office and…

Eight staff of the Federal Inland Revenue Service (FIRS) have been arraigned before Magistrate Muhammed Ibrahim, for allegedly beating up about five police officers led by DSP Issa Yakub, in Ilorin, Kwara State.The suspects were…

The Executive Chairman, Federal Inland Revenue Service (FIRS), Mr Muhammad Nami, on Tuesday, urged tax collecting agents in the public and private sectors to make the correct collection and prompt remittance of all collectable taxes high…

Chairman, Federal Inland Revenue Service (FIRS) Muhammad Nami has cited non-discretionary tax waiver grants, illicit financial flows abroad and high overhead costs as major reasons the service failed to meet its tax revenue targets in…

Federal Inland Revenue Service (FIRS) has launched a national intelligence gathering system to gather data and track all tax evaders and defaulters, with a view to bringing them to book and make them pay their fair share of taxes to the…