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Ahmad said the Executive Chairman of FIRS, Muhammad Nami, disclosed this at the inauguration of the Inter-Ministerial Committee on Audit and Recovery of Back Years Stamp Duties and the unveiling of the FIRS Adhesive Stamp in Abuja.

FIRS generates N66 billion from stamp duties

The Federal Inland Revenue Service (FIRS) has generated the sum of N66 billion from stamp duties between January and May.

CAC to issue certificates of incorporation with tax numbers

The Corporate Affairs Commission says certificates of registration of business and non-business entities will be issued with Tax Identification Numbers.
The Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed on Saturday met with the leadership of the National Assembly to intimate it with an Executive proposal to establish a N500 billion COVID-19 Crisis Intervention Fund.

Federal, states, local governments share N547.3 billion for May

The Federation Account Allocation Committee (FAAC) Wednesday shared N547.309 billion among the three tiers of government as allocation for May 2020.
The requests contained in three separate letters read at the beginning of plenary on Tuesday by the Senate President, Ahmad Lawan. 3

Senate, NNPC clash over crude oil production cost

The Senate Committee on Finance on Monday rejected the revenue targets projected for the various revenue-generating agencies in the country to fund the Revised 2020 Budget, describing their proposed sums as grossly inadequate.
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 chief pressed for facts on ‘controversial employment’

Muhammed Nami, the Executive Chairman of the Federal (Board) Inland Revenue Service (FIRS), has been pressed for details on five staff members employed on alleged ethnic consideration.
Kola Ologbondiyan

PDP asks Lagos speaker to step aside over fraud allegation

The Peoples Democratic Party, PDP, has asked the Speaker of the Lagos State House of Assembly, Mudashiru Obasa, to immediately step aside and submit himself to the Economic and Financial Crimes Commission, EFCC, for investigation over allegations of financial impropriety, including the reported discovery of 64 accounts allegedly linked to his Bank Verification Number, BVN.
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: We retired nine directors for others to grow

The Federal Inland Revenue Service (FIRS) on Monday disclosed that nine directors that were recently retired was to pave way for progression of younger staff whose careers had stagnated for years.
The Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed on Saturday met with the leadership of the National Assembly to intimate it with an Executive proposal to establish a N500 billion COVID-19 Crisis Intervention Fund.

Federal, states, local government share N606 billion for April

Details of the allocation were contained in a Secretariat report released by the Office of the Accountant-General of the Federation at the end of the online meeting of the Federation Accounts Allocation Committee (FAAC) in Abuja.
Waziri Adio NEITI

Federal, states, local governments receive N1.95 trillion from FAAC in first quarter

Nigeria Extractive Industries Transparency Initiative (NEITI), yesterday, stated that the Federal, states and local governments received N1.95 trillion from the Federation Account Allocation Committee (FAAC) in the first quarter of 2020.
The National Industrial Court in Abuja has ordered the Nigerian Bulk Electricity Trading (NBET) to pay a whistleblower, Sambo Abdullahi, all his salaries and other emoluments from December 22, 2017, till date.

President Buhari reconstitutes NBET board

President Muhammadu Buhari has reconstituted the Board of Directors of the Nigeria Bulk Electricity Trading Company Plc (NBET).
The Executive Chairman of the agency, Dr Zaid Abubakar, stated this in an interview with newsmen in Kaduna.

Kaduna set to penalise 10,000 tax-evading companies

The Kaduna State Internal Revenue Service (KDIRS) says on Friday it is set to descend on more than 10,000 companies evading tax in the state as soon as the Coronavirus crisis is over.
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.

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