Federal Inland Revenue Service (FIRS)

The House of Representatives, on Wednesday, summoned the Minister of Petroleum Resources, Timiprye Sylva; Chairman of Federal Inland Revenue Service (FIRS), Muhammad Nami, and Chief Executive Officers of all domestic and international oil…

The Federal Inland Revenue Service (FIRS) would soon commence full-scale enforcement on defaulting taxpayers that failed to take advantage of the amnesty provided by the Voluntary Assets and Income Declaration Scheme (VAIDS) to settle their…

The Federal Inland Revenue Service (FIRS) has concluded plans with the Nigerian Export Processing Zones Authority (NEPZA) to commence tax compliance checks on businesses operating in the nations export processing zones. In a statement…

The Federal Inland Revenue Service (FIRS) would soon commence the process of enforcement and recovery of unremitted tax deductions owed by some States and Local Government Councils in Nigeria. The Executive Chairman, FIRS, Muhammad Nami,…

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…