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Function of Revenue Agencies Revenue refers to all receipts the government gets, including taxes, custom duties, revenue from state-owned enterprises, capital revenues and foreign aid. Nigeria...
President Bola Tinubu has appointed Zacch Adedeji as the acting chairman of the Federal Inland Revenue Services (FIRS). Until his recent appointment, Adedeji was formerly the...
Just when we thought the peak in tax collection was attained, the Federal Inland Revenue Service (FIRS) brought forward another harvest of revenue collection, peaking any...
Anybody who knew the Federal Inland Revenue Service (FIRS) before the advent of the administration of Muhammad Nami would in all fairness concede that he has...
For any one who has paid more than a passing attention to the activities of the Federal Inland Revenue Service (FIRS) in the last four years,...
By Femi Onakanren In January 2023, the FIRS announced a landmark tax revenue return of N10.1trn in both oil (N4.09trn) and non-oil (N5.96trn) for 2022....
The Federal Inland Revenue Service (FIRS) has announced a total tax revenue collection of N5.5 trillion for the half-year period of January to June 2023. This...
It is common knowledge that taxation plays a vital role in the economic development of every country whether developed, developing or under developed, and Nigeria is...
The Federal Inland Revenue Service (FIRS) has partnered with the Market Traders Association of Nigeria (MATAN) to collect and remit Value Added Tax (VAT) to the...
By Kelechi Okoronkwo For a long time, more than twelve years, Nigeria wore a “Lowest Tax-to-GDP (Gross Domestic Product) Ratio” in the whole world like a...
Nigeria’s Tax-to-GDP ratio which, in the last 12 years, hovered between 5% to 6% rose to 10.86% by the end of 2021. The new ratio...
–Also Named Winner BusinessDay Newspaper Excellence In Public Service Award 2022 The Executive Chairman, Federal Inland Revenue Service (FIRS), Mr. Muhammad Nami has been named winner...
By Musa Ilallah EMEKA ANYAOKU STREET, ABUJA musahk123@yahoo.com To begin this discussion, it is imperative that we attempt to understand what taxes are all about. Taxation...
Nigeria has, again called on the United Nations and the International Tax Community to forge an inclusive, equitable, fair and universally beneficial international tax system towards...
A bill for an Act to establish the Nigeria College of Taxation and Fiscal Studies passed its Second Reading last week at the Senate. The presentation...