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The Senate Committee on Finance is to invite the Minister of Finance, Zainab Ahmed, and the Chairman of the Federal Inland Revenue Service (FIRS), Babatunde Fowler to throw more light on the reasons for the proposed increase of Value Added Tax (VAT) from current 5 per cent to 7.2 per cent.
The Federal Government received two trillion naira as revenue from January to June 2019, Director-General of the Budget Office, Mr Ben Akabueze, has said.
As part of its investigation into the N1.2bn duty tour allowance fraud in the Federal Inland Revenue Service, the Economic and Financial Crimes Commission has commenced a forensic analysis of the bank accounts of the staff members.
The Group Managing Director (GMD) of Nigeria National Petroleum Corporation (NNPC), Mele Kyari, yesterday lamented at the Senate over the N145 per litre fuel price in Nigeria.
The Tax Appeal Tribunal has settled tax cases valued at N288 billion since the members were reconstituted six months ago.
The Federal Government has directed the Central Bank of Nigeria (CBN), Nigeria InterBank Settlement System (NIBBS), the National Identity Management Commission (NIMC), to cooperate with the Joint Tax Board (JTB) in the release of relevant individual records.
Gov. Babajide Sanwo-Olu of Lagos State has tasked the Chartered Institute of Taxation of Nigeria (CITN) to be proactive on deepening taxation practice in Nigeria.
The Federal Inland Revenue Service ((FIRS) plans to extend Value Added Tax (VAT) to online transactions soon, according to the chairman of the agency, Babatunde Fowler.
The Federal Inland Revenue Service ((FIRS) generated N1.5 trillion revenue in the first quarter (Q1) of 2019, according to its Chairman, Mr Babatunde Fowler.
The Federal Inland Revenue Service (FIRS) says its Executive Chairman, Babatunde Fowler, has been invited to participate in the global conference on how to curtail Illicit Financial Flows, (IFF) in New York, United States of America.
A seasoned economist and retired director in the federal civil service, Dr. Aina Iluyomade, has urged the Chairman of the Federal Inland Revenue Service (FIRS), Mr. Babatunde Fowler, to sustain the agency’s cost-cutting reforms in order to boost revenue and enable the federal government meet the 2019 budget expectations.
Nine senior officials of the Federal Inland Revenue Service (FIRS) are currently in detention over alleged multi-billion naira fraud.
Nigeria’s representatives in the CAF Confederation Cup, Rangers International F.C are full of optimism of qualifying for the next round of the competition despite suffering a 2-1 loss to debutants, A.S Pelican in a first-leg, first round tie in Libreville.
Thirty kidnap victims including 12 children and 18 women have been freed from their captivity by armed bandits in Katsina State.
The real reason why the former president, Goodluck Jonathan, declared a state of emergency in the three northern states of Adamawa, Yobe and Borno State without removing the governors and the local government chairman has now been made public by the former Attorney General, Mohammed Adoke.
Undefeated British heavyweight Tyson Fury shook off a left hook to the temple that left him bloodied and bruised before battling to a unanimous points win over Sweden’s Otto Wallin Saturday.
Former Nigerian minister of foreign affairs Professor Bolaji Akinyemi Sunday called on the Nigerian Government to drag South Africa to the International Criminal Court of Justice for the xenophobic attacks that claimed the lives of Nigerians.
The Peoples Democratic Party (PDP) a few days ago concluded its governorship primary in Bayelsa State, won by Douye Diri, a senator who is backed by the incumbent governor of the state, Seriake Dickson.
President Muhammadu Buhari has condoled with the family of former Minister of Finance, Dr Ngozi Okonjo-Iweala, over the passing to glory of the patriarch of the family, Obi Chukuka Okonjo, 91.
Civil Society Organizations (CSOs), under the auspices of The Tax Justice and Governance Platform, (TJGP) have called on the federal government to concentrate more efforts on ensuring the proper collection of appropriate taxes than increasing the Valued Added Tax.
New Zealand unveiled new legislation Friday aimed at ensuring only “fit and proper” people can own guns in the wake of the Christchurch mosque attacks that killed 51 Muslim worshipers.
The police on Wednesday paraded 58 suspects allegedly involved in kidnapping, armed robbery, car theft, unlawful possession of weapons and other crimes.