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Federal Inland Revenue Service

Federal government begins pilot project for data registry, information system to support economy

Dr Anthony Uwa, Head of Implementation, Basic Registry and Information System in Nigeria, says the Federal Government is committed to the implementation of the project as it commences the pilot project in FCT.

Expert: Federal government loses N100 billion on avaition charges

An aviation expert, Capt. John Ojikutu (retd.) says the Federal Government lost over N100 billion in Ticket Sales Charges (TSC) and Cargo Sales Charges (CSC) in the aviation sector between 2013 and 2017.

FIRS: Federal government recovers N30 billion from VAIDS

The Federal Government has approved the issuance of a declaration certificate to taxpayers under the Voluntary Assets and Income Declaration Scheme (VAIDS).

Nigeria loses N1.4 trillion to lottery operators over poor regulation

Bello Maigari, Acting Executive Secretary of the National Lottery Trust Fund, told members of the House of Representatives that out of the estimated revenue target of N1.5trillion, the sector was able to generate just N7billion in 13 years.

National Economic Council asks NNPC, NCS, NPA, others to refund N8.13 trillion

The National Economic Council (NEC) comprising the federating states and government at the centre on Thursday raised the alarm that revenue generating agencies shortchanged the government of N526 billion and $21 billion amounting to N8.13 trillion between 2010 and 2015.

KPMG report indicts NNPC, others of under-remitting into federation account

The National Economic Council (NEC) presided over on Thursday by Vice President Yemi Osinbajo has said the final report on the forensic audit of revenue accruals by revenue generating agencies confirmed massive under-remittances to the Federation Account to the tune of N8.1 trillion.

NIPC: Nigeria’s online investors’ guide for launch Thursday

The Nigerian Investment Promotion Commission (NIPC) will on Thursday formally launch the country’s online investors’ guide.

DPR seals 44 fuel stations in Akwa Ibom

The Department of Petroleum Resources (DPR), Eket field office, Akwa Ibom, has sealed 44 fuel stations for failing to renew their licenses when it expired two years ago.

Kemi Adeosun: Nigeria’s capital spending exceeds N1.5 trillion

As Nigerians await the passage of the 2018 budget by the National Assembly, the federal government says its capital expenditure for the 2017 fiscal year was in excess of N1.5 trillion.

Report: States withdrew N593 billion from federation account in three months

The 36 states of the federation have so far withdrawn about 593.1 billion from the Federation Account as revenue generated in the first quarter of 2018.

Federal government pays 14 whistle blowers N439m

The federal government has paid another set of 14 whistleblowers the sum of N439.276 million for providing tips on tax evaders.

Kemi Adeosun: Delay in budget passage will have some impact

The Minister of Finance, Mrs Kemi Adeosun, said the delay in passage of the 2018 budget would have some impact on the nation and cause some adjustments in implementation.

Vice President Osinbajo: Most states can’t survive without federal allocation

The Vice-President (VP), Prof. Yemi Osinbajo, has declared thatmost states of the federation cannot survive without the monthly allocation from the Federation Account.

Vice President Osinbajo: Number of tax compliant Nigerians now 19 million

Vice President Yemi Osinbajo says the number of tax compliant Nigerians has increased by five million to stand at 19 million from the 14 million earlier recorded.

FIRS: Federal government to harmonise tax payment nationwide

The Federal Inland Revenue Service (FIRS) says it has started harmonising taxes in Nigeria as part of moves to reduce cases of multiple taxation.

JTB chief Tunde Fowler urges governors to give state tax authorities autonomy

Chairman of the Joint Tax Board (JTB), Mr. Tunde Fowler, yesterday, called on state governors to empower State Internal Revenue Services (SIRS) by making them autonomous. Fowler made the call at the 137th Meeting of the JTB in Ilorin.

ICAN honours Kemi Adeosun, Tunde Fowler, others at merit award night

The Institute of Chartered Accountants of Nigeria (ICAN) on Saturday night honoured the Minister of Finance, Mrs. Kemi Adeosun, and Executive Chairman of the Federal Inland Revenue Service (FIRS), Mr. Babatunde Fowler, with the 2018 Merit Award.

Vice President Osinbajo for MSME clinic in Ondo Thursday

The Ondo State Government says the Vice President, Prof. Yemi Osinbajo, will be in the state on Thursday for the inauguration of the Micro, Small and Medium Enterprises ( MSME ) Clinic in Akure.

Recent Stories

Smoke fills the stage following an explosion at a Zanu pf rally in Bulawayo, Saturday, June, 23, 2018. An explosion rocked a stadium where Zimbabwe’s president was addressing a campaign rally on Saturday, with state media calling it an assassination attempt but saying he was not hurt and was evacuated from the scene. Witnesses said several people were injured, including a vice president. (Associated Press)

Minister: At least 15 injured in Zimbabwe explosion

Zimbabwe's President Emmerson Mnangagwa said Saturday he narrowly survived an attempt on his life after a blast at a party rally that injured two of his vice-presidents and several party officials.
Sickle Cell Nigeria

Sickle cell foundation lauds Lagos over N200 million support

In commemoration of the 2018 World Sickle Cell Day, the Sickle Cell Foundation of Nigeria has lauded the Lagos State government for donating N200m for the establishment of a bone marrow transplant unit at the Lagos University Teaching Hospital (LUTH).
APC National Charman Adams Oshiomhole

President Buhari: Comrade Oshiomhole as consensus candidate meant to heal wounds

President Muhammadu Buhari has said the idea behind adopting a consensus candidate as chairman of the party was meant to heal aggrieved members of the party.

Policeman’s ‘accidental discharge’ kills woman in Anambra

Live bullet from an AK47 rifle carried by an unnamed police officer has killed a 38-year-old woman in Onitsha.
NHIS boss Prof Yusuf Usman at TUC National secretariat Lagos

Usman Yusuf: NHIS money meant to pay for the sick

The Executive Secretary of National Health Insurance Scheme (NHIS), Prof. Usman Yusuf, has accused some HMOs, Hospitals, Insurance companies as the institutions that want to defraud Nigerians and who ganged up and masterminded his suspension for six months.