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Federal Inland Revenue Service

Zainab Ahmed, the minister of finance, budget and national planning, says state and local governments share some of the responsibility to fix roads in Nigeria.

Minister: 7.5 percent VAT to take effect February 1

The Minister of Finance, Budget and National Planning, Mrs Zainab Usman, disclosed in Abuja that the implementation of Value Added Tax (VAT) new rate of 7.5 per cent will commence on February 1, 2020, after all the necessary administrative procedures have been completed, especially the gazette of the Act by the Federal Ministry of Justice.
Minister of Communication and Digital Economy, Mallam Ali Pantami, yesterday, insisted that it is the duty of the Nigerian Postal Service (NIPOST) to collect Stamp Duty for the Federal government instead of the Federal Inland Revenue Service (FIRS), saying it is selfish and an injustice trying to deny NIPOST of collecting the duty

Minister insists NIPOST, not FIRS has responsibility to collect stamp duty for government

Minister of Communication and Digital Economy, Mallam Ali Pantami, yesterday, insisted that it is the duty of the Nigerian Postal Service (NIPOST) to collect Stamp Duty for the Federal government instead of the Federal Inland Revenue Service (FIRS), saying it is selfish and an injustice trying to deny NIPOST of collecting the duty
The Senate on Wednesday confirmed the nomination of Muhammad Nami as the Executive Chairman, Federal Inland Revenue Services and 13 others as board members.

FIRS announces new tax clearance certificate regime

The Federal Inland Revenue Service (FIRS) has announced a new Tax Clearance Certificate (TCC) regime which will make it easier for taxpayers to obtain their clearance certificate.
The Senate on Wednesday confirmed the nomination of Muhammad Nami as the Executive Chairman, Federal Inland Revenue Services and 13 others as board members.

New FIRS chief criticizes predecessor’s performance

The newly appointed Chairman of the Federal Inland Revenue Service (FIRS), Muhammad Nami, on Monday launched a veiled criticism of his predecessor in office, Babatunde Fowler, accusing his management of superintending a steady decline in revenue collection by the service since the inception of his tenure in 2015.
A Bill to effect that, which was obtained by newsmen, is sponsored by House Spokesman, Rep. Benjamin Kalu (APC-Abia).

2020 Budget: Reps move to establish taxation, remittances police

A law to appoint an Inspector General to enforce taxation and remittances to the Federation Account is underway in the House of Representatives.

Presidency: Why Tunde Fowler was replaced as FIRS chief

The Presidency has said that Babatunde Fowler’s tenure as chairman of the Federal Inland Revenue Service (FIRS), was not renewed because of his inability to generate enough revenue for the country.

NIPOST staff protest ceding of stamp duty collection to FIRS

It was gathered that the current amendment of the Stamp Duty Act by the National Assembly according to the workers Union is being done to allow the FIRS to be the agency collecting stamp duty on electronic transactions.
The Executive Chairman, Federal Inland Revenue Service (FIRS), Muhammad Nami, assumed office at the Revenue House, FIRS Headquarters in Abuja on Thursday.

Muhammad Nami assumes office as new FIRS chief

The Executive Chairman, Federal Inland Revenue Service (FIRS), Muhammad Nami, assumed office at the Revenue House, FIRS Headquarters in Abuja on Thursday.
The Independent Corrupt Practices and Other Related Offences Commission (ICPC) has been granted an order to forfeit 60 buildings linked to a deputy commandant of Nigeria Security and Civil Defence Corps (NSCDC).

ICPC: Court grants forfeiture of Yar’Adua foundation, others’ properties

The Independent Corrupt Practices and other related offences Commission, ICPC, said on Thursday it had secured a final forfeiture order against 25 Abuja properties belonging to the Shehu Yar’Adua Foundation and 24 other registered entities.
Senate President Ahmed Lawan 2

2020 Budget: Senate approves N140.3 billion for NCC

The Senate on Wednesday approved the sun of N140,383,591,000 for the Nigerian Communications Commission (NCC) for the 2020 fiscal year.

FIRS gives seven days notice to tax defaulters

The Federal Inland Revenue Service (FIRS) has served a seven-day notice to tax defaulters across the country.
Atiku Abubakar, presidential candidate of the Peoples Democratic Party (PDP), has again accused President Muhammadu Buhari of clamping down on the judiciary.

Endless borrowing will lead to endless sorrowing

John Quincy Adams once said “there are two ways to conquer and enslave a nation. One is by the sword. The other is by debt.” He may have very well been referring to Nigeria of the last three years.
A fire incident occurred at the headquarters of the Federal Inland Revenue Service (FIRS) in Abuja on Monday, officials said.

FIRS begins nationwide crackdown on tax defaulters

In what may be termed an aggressive move to swell government’s revenue, the Federal Inland Revenue Service (FIRS) says it will begin a nationwide tax enforcement exercise on recalcitrant tax evaders on Wednesday, December 18 (today).
Timi Frank

Timi Frank insists N90 billion diverted for 2019 general election

Comrade Timi Frank, political activist and former Deputy National Publicity Secretary of the All Progressives Congress (APC), has distanced himself from the report of PRNigeria claiming that only N40 billion were stolen from the Federal Inland Revenue Service (FIRS) to prosecute 2019 election by the ruling party.
Senate President Ahmed Lawan 1

PIB: Senate president explains how National Assembly will break the jinx

President of the Senate, Ahmad Lawan, has said the Ninth National Assembly will do things differently to break the jinx with the passage of the Petroleum Industry Bill (PIB) next year.
President of the Senate, Ahmad Ibrahim Lawan (left) with the Senate Minority Whip, Senator Philip Tanimu Aduda, during the plenary on Tuesday, November 19, 2019. 2

Senate begins confirmation process of new FIRS chairman, board members

The Senate on Wednesday began the confirmation process of Mohammad Mamman Nami as the Chairman, Federal Inland Revenue Service, FIRS.

Tunde Fowler speaks on FIRS handover controversy

The immediate past Chairman of the Federal Inland Revenue Service (FIRS), Tunde Fowler, said he did nothing wrong in handing over the management of the tax revenue agency to the Coordinating Director, Domestic Taxes Group, Abiodun Aina.
A fire incident occurred at the headquarters of the Federal Inland Revenue Service (FIRS) in Abuja on Monday, officials said.

Trouble brews in FIRS as workers demand handover to senior director

Twenty-four hours after the change of guard at the Federal Inland Revenue Service (FIRS), members of staff of the Service have given the authorities till Friday for the most senior director to take over as acting chairman.

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