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Federal Inland Revenue Service
ActionAid, stakeholders express worry over unstable levels of borrowing, rising national debt profile
A non-profit making organisation, ActionAid Nigeria, AAN, and stakeholders, Friday, expressed worry over unstable levels of borrowings and rising national debt profile under the Buhari-led administration and poverty increasing daily.
Newsmen observed that the development may not be unconnected with the Monday morning attack on the neighbouring Imo State Police headquarters, located opposite the Government House in Owerri and the facility of the Nigerian Correctional Service where 1,844 inmates were officially confirmed to have escaped.
The President and Chairman of the Council of Computer Professionals (Registration Council of Nigeria), Professor Charles Uwadia, has disclosed that digital technologies have proven to be efficient in sustaining social and economic developments.
Comptroller General of Nigeria Immigration Services Muhammad Babandede has disclosed that diaspora Nigerians who could not travel back home due to closure of some missions abroad in line with Covid-19 compliant policy can now make onward journey back to Nigeria.
Mr Muhammad Babandede, the Comptroller-General of the Nigeria Immigration Service (NIS) has revealed that a Chinese citizen and several Egyptians have been arrested for using fake marriages to secure resident permits for foreigners in Nigeria.
The Federal Inland Revenue Service (FIRS) has said it will soon begin to access computers and electronic storages belonging to taxable individuals through its Automated Tax Administration Solution.
The House of Representatives Committee on Public Account has invited Director-General, Federal Inland Revenue Service, Muhammad Mami over tax clearance certificate issued to Procter and Gamble (P&G), a U.S. company operating in Nigeria.
A Joint Committee of staff of Nigerian Investment Promotion Commission (NIPC) and Federal Inland Revenue Service (FIRS) on Pioneer Status Incentive (PSI) has been inaugurated over the weekend at the NIPC’s Head Office, Abuja. A Newsletter from NIPC confirmed this.
The House of Representatives Committee on Public Accounts Thursday summoned the Nigerian Custom Service (NCS) over non-redition of the audited financial accounts to the office of the Audit General of the Federation between 2017 and 2019 financial years.
Executive Chairman, Federal Inland Revenue Service (FIRS), Mr. Muhammad Nami, has lauded Nigerian mothers and their counterparts globally for their untiring contributions to family stability and national development.
The others are Mohammed Bello Auta (Director of Finance), Amina Sidi (Finance and Account department), Umar Aliyu Aduka (Internal Audit), Mbura Mustapha (Deputy Manager), Obi Okeke Malachy (Services Group), Obaje Napoleon Adofu (Head of Budget), Udo-Inyang Effiong Alfred (Officer II) and Benjamin Jiya (Assistant Director) .
Its Chairman, Muhammad Nami, announced the anticipation in Abuja on Thursday while defending the Service’s 2021 budget before the House of Representatives Committee on Finance.
The Federal Inland Revenue Service (FIRS) says it discovered that 6,722 companies, partnerships and enterprises with a banking turnover of N1 billion were not paying taxes as of May 2018.
As part of steps to boost Science and Technology development in the country, the Presidency has directed the Federal Inland Revenue Service, FIRS, to remit the statutory deductions accruable to the National Agency for Science and Engineering Infrastructure, NASENI.
The Executive Chairman, Federal Inland Revenue Service (FIRS), Alhaji Muhammad Nami, has said the demutualisation of the Nigerian Stock Exchange (NSE) will promote access to diverse investment opportunities and strengthen investors’ confidence in the capital market.
This was disclosed by the Director General of National Automotive Design and Development Council (NADDC), Mr. Jelani Aliyu at the opening of a two-day investigative hearing held at the instance of the Ad-hoc Committee into the financial budgetary approvals and multilateral donation on skills acquisition and related programs of federal government and its agencies, chaired by Hon. Victor Akinjo.
The Tertiary Education Trust Fund, TETfund, has commended the present management of Federal Inland Revenue Service, FIRS, over increased remittance of education tax to it.
President Muhammadu Buhari has directed the Minister of Finance Budget and National Planning, Mrs. Zainab Ahmed, and the Federal Inland Revenue Service (FIRS) to release statutory funds due to the National Agency for Science and Engineering Infrastructure (NASENI) to enable it function optimally.
“The distribution is as follows: Federal Government got N23.904 billion, the States received N79.682 billion, Local Government Councils got N55.777 billion while Cost of Collection by FIRS and NCS is N6.854 billion and allocation to NEDC project amounted to N5.141 billion.”
The Federal Inland Revenue Service (FIRS) says it collected N4.9 trillion as tax revenue in the 2020 fiscal year.
The Federal Inland Revenue Service (FIRS) has created 35 additional Tax Audit Units across the country to address illicit financial flow.
Senator representing Plateau South in the National Assembly, Professor Nora Dadu’ut, has appealed to the federal government to support victims of the recent fire incident that engulfed the famous Namu Central Yam Market in Qua’an Pan Local Government Area, of Plateau state which led to the loss of food products and other valuables worth millions of naira.
The Bauchi State Police Command has arrested suspected kidnappers, cattle rustlers and bandits for wreaking havoc on residents of Nabordo and Duguri in Toro and Alkaleri local government of the state.
Newsmen gathered that both Nigerian ground troops with aerial support from air taskforce engaged the terrorists fiercely who stormed the town around 4pm.
Residents of Osborne Foreshore Two Estate have appealed to the Lagos State governor, Mr Babajide Sanwo-Olu, to order that works on all approvals for development in the estate be suspended for three months because of the ongoing review of the approval order.
Pastor Femi Omowumi of the Gospel Faith Mission International (GOFAMINT) has said that governments at all levels have failed the Nigerian youths.
The Youth Governance for Change Forum (YOGOC) has called on government at all levels to include youths in the governance of the country for national development.
After 48 hours of disconnecting MTN customers from banking channels including the Unstructured Supplementary Service Data and banking apps, commercial banks on Sunday have reconnected MTN customers to banking channels.
Ahead of the 2023 general elections, the Northern Elders Forum, NEF, Coalition of Northern Groups, CNG, Arewa Consultative Forum, ACF and other conveners of the Northern Peoples Summit have described restructuring as a vital necessity for survival as one united entity.
As 2023 general election continues to gather momentum, The Caretaker Committee Chairman of All Progressives Congress (APC) in Enugu state, Dr Ben Nwoye, has cautioned political gladiators to desist from any utterances which is capable of causing violence in the state.
No fewer than 24 persons have died in Bayelsa State, following the outbreak of cholera disease in 30 communities across the state.