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Abdullahi Ahmad

Debates on revenue collections from Stamp Duties between Federal Inland Revenue Service (FIRS) and Nigerian Postal Service (NIPOST) was brought to a close as FIRS submitted that it was backed by law to collect stamp duties.

FIRS rakes in N438 billion from non-oil tax in July

The Federal Inland Revenue Service (FIRS) says it has recorded significant increase in collectable tax revenue from the non-oil sector of the economy.
Ahmad said the Executive Chairman of FIRS, Muhammad Nami, disclosed this at the inauguration of the Inter-Ministerial Committee on Audit and Recovery of Back Years Stamp Duties and the unveiling of the FIRS Adhesive Stamp in Abuja.

FIRS unveils reporting portal for financial institutions

The Federal Inland Revenue Service (FIRS) has unveiled an automatic exchange of information-common reporting standard (AEOI-CRS) system for the use of financial institutions in the country.
Debates on revenue collections from Stamp Duties between Federal Inland Revenue Service (FIRS) and Nigerian Postal Service (NIPOST) was brought to a close as FIRS submitted that it was backed by law to collect stamp duties.

Income tax: FIRS inaugurates online portal for financial institutions

The Federal Inland Revenue Service (FIRS) says it has inaugurated a new Automatic Exchange of Information-Common Reporting Standard (AEOI-CRS) system for the use of financial institutions in the country.
Ahmad said the Executive Chairman of FIRS, Muhammad Nami, disclosed this at the inauguration of the Inter-Ministerial Committee on Audit and Recovery of Back Years Stamp Duties and the unveiling of the FIRS Adhesive Stamp in Abuja.

FIRS vows to recover funds in NIPOST’s ‘illegal’ stamp duties’ account

The Federal Inland Revenue Service (FIRS) has expressed its resolve to ensure that all monies collected by the Nigeria Postal Service (NIPOST) into its ‘illegally operated Stamp Duties’ Account’ are fully recovered and remitted into the Federation Account.

NIPOST, FIRS war escalates over stamp duty collection

The imbroglio between Nigeria Postal Service (NIPOST) and the Federal Inland Revenue Services (FIRS) over jurisdiction in respect of stamp duty collection worsened on Tuesday.
Ahmad said the Executive Chairman of FIRS, Muhammad Nami, disclosed this at the inauguration of the Inter-Ministerial Committee on Audit and Recovery of Back Years Stamp Duties and the unveiling of the FIRS Adhesive Stamp in Abuja.

FIRS: Tenants not to pay stamp duty charges to landlords or in arrears

The Federal Inland Revenue Service (FIRS) has assured that stamp duty will not be collected in arrears from tenants. It also said it should not be collected from tenants by landlords.
A fire incident occurred at the headquarters of the Federal Inland Revenue Service (FIRS) in Abuja on Monday, officials said.

FIRS plans stamp duty palliatives for tenants

The Federal Inland Revenue Service (FIRS) says it is working on a stamp duty palliative package for tenants in view of the current economic realities occasioned by COVID-19.
A fire incident occurred at the headquarters of the Federal Inland Revenue Service (FIRS) in Abuja on Monday, officials said.

FIRS lists eligible transactions for stamp duty charges

The Federal Inland Revenue Service (FIRS) has given detailed information to guide taxpayers and the general public on rates payable as stamp duty.
Ahmad said the Executive Chairman of FIRS, Muhammad Nami, disclosed this at the inauguration of the Inter-Ministerial Committee on Audit and Recovery of Back Years Stamp Duties and the unveiling of the FIRS Adhesive Stamp in Abuja.

FIRS generates N66 billion from stamp duties

The Federal Inland Revenue Service (FIRS) has generated the sum of N66 billion from stamp duties between January and May.
The Executive Chairman, Federal Inland Revenue Service (FIRS), Mr Muhammad Nami, has launched a national tour of the six geo-political zones to sensitise the nation, especially taxpayers, on the 2019 Finance Act.

FIRS: We retired nine directors for others to grow

The Federal Inland Revenue Service (FIRS) on Monday disclosed that nine directors that were recently retired was to pave way for progression of younger staff whose careers had stagnated for years.
A fire incident occurred at the headquarters of the Federal Inland Revenue Service (FIRS) in Abuja on Monday, officials said.

Official: No FIRS staff tested positive for global pandemic

The Federal Inland Revenue Service (FIRS) has stated that no member of its staff tested positive to COVID-19 as being peddled on social media.
The Executive Chairman, Federal Inland Revenue Service (FIRS), Mr Muhammad Nami, has launched a national tour of the six geo-political zones to sensitise the nation, especially taxpayers, on the 2019 Finance Act.

Coronavirus: FIRS unveils automated system to block funding gaps

The Federal Inland Revenue Service (FIRS) has unveiled a new Electronic and Automated platform for taxpayers to file transfer pricing declaration and disclosures with a view to block leakage in tax collection in the country.

Tax tribunal orders firm to pay N1.7 billion to FIRS

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 which the PPNL should pay on its profit for doing business in Nigeria under the provisions of Transfer Pricing Regulation No1 2012.
The Executive Chairman, Federal Inland Revenue Service (FIRS), Mr Muhammad Nami, has launched a national tour of the six geo-political zones to sensitise the nation, especially taxpayers, on the 2019 Finance Act.

Nigeria: FIRS sole collector of stamp duty

The federal government has finally put to bed the controversy over who will collect stamp duty has finally been rested.
The Executive Chairman, Federal Inland Revenue Service (FIRS), Mr Muhammad Nami, has launched a national tour of the six geo-political zones to sensitise the nation, especially taxpayers, on the 2019 Finance Act.

FIRS chief takes Finance Act advocacy to stakeholders

The Executive Chairman, Federal Inland Revenue Service (FIRS), Mr Muhammad Nami, has launched a national tour of the six geo-political zones to sensitise the nation, especially taxpayers, on the 2019 Finance Act.

Recruitment: Police release names of successful candidates

This is despite a Federal High Court in Abuja urging that all parties stay action over the recruitment exercise until the matter brought against the Police by the Police Service Commission over the recruitment is determined.
Joy Nkoro scored a hat-trick on Thursday in Abuja to help Vera Gold Amazons Football Club to a 3-0 defeat of defending champions Blessed Unity Angels FC at the ongoing 2019 FCT Women’s FA Cup.

Jigawa FA inaugurates five-member election committee

The Jigawa State Football Association (FA), has inaugurated a five-man electoral committee to conduct its elections on June 1.

CBN orders banks to give loans to agric, manufacturers at 9 percent

The Central Bank of Nigeria (CBN) will be refunding Cash Reserve Ratio (CRR) to banks that fund projects in agriculture and manufacturing sectors, its Director of Banking Supervision, Abdullahi Ahmad, has said.

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