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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 retires all directors who have served for eight years

The Federal Inland Revenue Service has sacked all Directors in its employ who have served for eight years and above.
One of the victims of the fast-spreading coronavirus has reportedly died in Ghana, authorities have confirmed.

FIRS staff tests positive for coronavirus

In series of tweets via his Twitter handle @Necessay_Cho, Salihu, he said he was on a flight with someone who tested positive.
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 workers pledge to achieve N8.5 trillion tax target

The Domestic Tax Operation Group (DTOG) of the Federal Inland Revenue Service (FIRS) has assured the Management and Board of the Service that it will strive to achieve its N8.5trillion revenue target.
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.

Report: FIRS collected N338.1 billion tax in January 2020

The Federal Inland Revenue Service (FIRS) in January 2020 collected tax revenue of N338.1 billion as against a tax target of N620.2 billion.
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.
A regional minister in Lombardy, the Italian region most affected by the novel coronavirus outbreak, has tested positive for the virus.

Nigeria: Abuja records three ‘coronavirus cases’

It was learnt that the index case is an official of the Federal Inland Revenue Service and was one of the passengers on British Airways flight that landed on March 13, 2020.
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.
Waziri Adio NEITI

NEITI: Nigeria earned N69.47 billion from solid minerals sector in 2018

The Nigeria Extractive Industries Transparency Initiatives (NEITI) said on Sunday the country earned N69.47 billion from the Solid Mineral sector in 2018.
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 warns MDAs to stop spending revenues at source

The Executive Chairman, Federal Inland Revenue Service (FIRS), Mr. Muhammad Nami, has cautioned Ministries, Departments and Agencies MDAs to desist from spending at source revenues collected on behalf of the Federal Government
Niger State Governor and Chairman, North Central Governors’ Forum, Abubakar Sani Bello, has said that there is an urgent need for the diversification of the Nigerian economy as a result of the volatility in the global price of crude oil.

Niger calls for diversification of economy amid falling crude oil prices

Niger State Governor and Chairman, North Central Governors’ Forum, Abubakar Sani Bello, has said that there is an urgent need for the diversification of the Nigerian economy as a result of the volatility in the global price of crude oil.
The Executive Chairman of the FIRS, Mohammed Nami, who was guest on a breakfast programme of the Nigerian Television Authority, urged all businesses to ensure that they register with the FIRS for VAT purpose.

Some tax officials are engineering graduates – FIRS chief

Chairman, Federal Inland Revenue Service, FIRS, Mohammed Nami, on Monday, said some staff the of the Service across the country were graduates of engineering, law and other disciplines not related to tax.
The Speaker of the House of Representatives, Rep. Femi Gbajabiamila (APC-Lagos), has announced the demise of a former member of the house, Rep. Tony Okey. 5

Forex racketeering: House of Reps probe CBN, FIRS, others over $30 billion leakages

The House of Representatives has resolved to investigate the Central Bank of Nigeria and the Federal Inland Revenue Service over alleged racketeering in the allocation of foreign exchange to companies.

Nigerians, operators kick as FIRS plans to impose VAT on sports betting

For a while, the sports betting industry in Nigeria has been rife with the news that the Federal Inland Revenue Service (FIRS) had concluded plans to introduce the 7.5% value-added tax to betting activities within the country. Under the proposed plan, punters placing a bet of 1,000 Naira would have had to pay 1,075 Naira to capture the 7.5% VAT.
The Executive Chairman of the FIRS, Mohammed Nami, who was guest on a breakfast programme of the Nigerian Television Authority, urged all businesses to ensure that they register with the FIRS for VAT purpose.

House of Reps queries FIRS boss over non submission of audited funds

Public Accounts Committee, PAC, of the House of Representatives on Thursday queried the Executive Chairman of the Federal Inland Revenue Commission, FIRS, Alhaji Mohammed Nami, over late and non submission of the audited accounts.

Tax tribunal orders Ecobank to pay N1.6 billion to FIRS

The Tax Appeal Tribunal has declared as illegal, null and void the decision of Ecobank Nigeria Limited to pay N5, 545,000,000 as dividends to its shareholders in 2016.

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.
Governor Babajide Sanwo-Olu stated this during a courtesy visit to Lagos House, Ikeja by the Executive Chairman, Federal Inland Revenue Service, (FIRS) Mr. Muhammad Nami.

FIRS seeks Lagos support to hit N8.5 trillion revenue target

The Federal Inland Revenue Service, FIRS, is seeking the cooperation of the Lagos Inland Revenue Service, LIRS, to realise its N8.5 trillion revenue target to fund the 2020 budget.

Femi Falana: Nigerians free to sue government for refund of ransom paid to kidnappers

Lagos lawyer, Femi Falana, SAN, Wednesday, called on Nigerians paying ransom to secure freedom for their abducted loved ones to feel free to approach the courts to compel the federal government to refund same because in his words, the responsibility for protecting lives and properties lies squarely with government.

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