Home Topics FIRS

FIRS

The Economic and Financial Crimes Commission (EFCC) on Thursday in an FCT High Court in Maitama, re-arraigned a deputy director with the National Emergency Management Agency (NEMA), Emenike Umesi, for alleged misappropriation of N54.3 million.

Employment scam: Three civil servants plead guilty in Kano

Three staff of Kano Road Traffic Agency (KAROTA): Nazifi Ali Cigari, Abbas Tijjani and Ado Aminu on Thursday, October 17, 2019 pleaded guilty to an amended one-count charge of retention of proceeds of crime before Justice O.A Egwuatu of the Federal High Court Kano.

Tenure: Court strikes out suit seeking Babatunde Fowler’s sack as FIRS boss

A Federal High Court sitting in Kano has struck out a suit seeking the sack of Dr. Babatunde Fowler as the Executive Chairman of the Federal Inland Revenue Service.
Ekiti State Governor Kayode Fayemi

Governor Fayemi: We can do away with Senate

Kayode Fayemi, the governor of Ekiti state, says Nigeria can scrap the senate as all the country really needs is a unicameral legislature.
A lawyer walks through the compound at the Federal High Court in Ikoyi district in Lagos, Nigeria, May 8, 2018. REUTERS/Akintunde Akinleye

Court bars FIRS from enforcing VAT on goods consumed in hotels

Justice Rilwanu Aikawa of the Federal High Court in Lagos has barred the Federal Inland Revenue Services (FIRS) from enforcing VAT provisions on goods and services consumed in hotels, restaurants and event centres in Lagos State.
Governor of Lagos State, Mr. Babajide Sanwo-Olu, has promised the support of his administration for creative industry with a view to making the sector achieve a sustainable economic status. 5

Consumption tax: Lagos government floors hotel owners in court

The Lagos State Government has gotten the nod to impose Consumption Tax on hospitality centres across the state as the Federal High Court has upheld it’s right to among other things enforce its Hotel Occupancy and Restaurant (fiscalization) Regulations 2017.

States generate N1.6 trillion – FIRS chief

Revenue collection and generation from states across the country rose from N800.02 billion in 2016 to N1.6 trillion last year, the Chairman, Federal Inland Revenue Service (FIRS) Mr Babatunde Fowler said on Thursday.

FIRS targets 45 million tax payers by December – Tunde Fowler

The Federal Inland Revenue Service (FIRS) says about 45 million Nigerians will be captured as taxpayers before December 2019.
President of the Senate, Ahmad Ibrahim Lawan, said on Tuesday that all standing committees of the upper chamber will be inaugurated on Wednesday.2

Senate approves 2020-2022 MTEF/FSP, raises federal government’s expenditure estimates to N10.7 trillion

The Senate on Thursday, approved the 2020 to 2022 Medium Term Expenditure Framework (MTEF) and the Fiscal Strategy Paper (FSP).
The Presidential Election Petition Tribunal has upheld argument by President Muhammadu Buhari that it lacked the jurisdiction to entertain allegation of corrupt practices and voters’ inducement raised against Vice President Yemi Osinbajo in the petition by Atiku Abubakar and the PDP.

Lagos chiefs declare total support for VP Osinbajo

The Association of Lagos Titled Chiefs has reviewed the allegations against Vice President Yemi Osinbajo and declared its total support to him.
Vice-President Yemi Osinbajo says he will remain loyal to his principal, President Muhammadu Buhari.

APC: No conspiracy, no rift in Aso Rock

The All Progressives Congress has reacted to news stories suggesting a widening rift in the Presidential Villa between President Buhari and Vice President Yemi Osinbajo.

FIRS chief summoned by Kano court over ‘tenure elongation’

A Federal High Court in Kano has ordered the Chairman Federal Inland Revenue Service (FIRS), Mr Babatunde Fowler, to appear before it on October 7 and show cause why he should not be sacked for overstaying his four-year tenure which expired on August 18.

Lawyer asks court to sack FIRS chief

A lawyer, Stanley Okwara, has sued the Chairman of the Federal Inland Revenue Service (FIRS), Babatunde Fowler, at the Federal High Court in Kano. The lawyer wants the court to sack Fowler from office for allegedly overstaying his tenure.
Timi Frank

Timi Frank: I am prepared to meet Professor Osinbajo in court

Timi Frank has declared that he is ready to meet Professor Yemi Osinbajo in court regarding allegations that the Vice President was involved in a scandal amounting to the sum of ninety billion naira (N90 billion).
The Presidential Election Petition Tribunal has upheld argument by President Muhammadu Buhari that it lacked the jurisdiction to entertain allegation of corrupt practices and voters’ inducement raised against Vice President Yemi Osinbajo in the petition by Atiku Abubakar and the PDP.

VP Osinbajo threatens to sue Google, Vanguard apologises over ‘false allegations’

Nigeria’s Vice President, Yemi Osinbajo, has threatened to sue Google over ‘false allegations’ made against him on a YouTube page.
The Presidential Election Petition Tribunal has upheld argument by President Muhammadu Buhari that it lacked the jurisdiction to entertain allegation of corrupt practices and voters’ inducement raised against Vice President Yemi Osinbajo in the petition by Atiku Abubakar and the PDP.

VP Osinbajo demands apology from Vanguard over ‘FIRS N90 billion election fund’ report

Vice President Yemi Osinbajo has written to Vanguard Newspaper, asking for apology over a report in the newspaper that he collected the sum of N90 billion from Federal Inland Revenue Service, FIRS, for election purposes.

PDP demands probe into N90 billion FIRS scandal

The Peoples Democratic Party (PDP) has demanded a system-wide investigation into the alleged siphoning of N90 billion from the coffers of the Federal Inland Revenue Service (FIRS).
Timi Frank

FIRS refutes Timi Frank’s claim on ‘N90 billion election fund’

Contrary to claims by Comrade Timi Frank, political activist and former Deputy National Publicity Secretary of the All Progressives Congress (APC), linking alleged travails being faced by the Vice President, Yemi Osinbajo, to the fallout of the 2019 general election, the Federal Inland Revenue Service (FIRS) has described the claims as lacking in truth.
Waziri Adio NEITI

Nigeria earned N28.6 trillion from oil, non-oil sources in five years

The Nigeria Extractive Industries Transparency Initiative (NEITI) said that N28.58 trillion was remitted to the Federation Account between 2012 and 2016, from mineral revenues, non-mineral revenues and Value Added Tax (VAT).

Recent Stories

Power

Power supply worsens as generation drops to 2,915MW

The amount of electricity generated by the nation’s power plants fell below 3,000 megawatts on Friday, dropping by over 600MW in 24 hours.
Looking ahead to Sunday’s must-win tie, Enyimba defender Ifeanyi Anaemena believes his side will prevail over Rahimo but admits playing behind-closed-doors will make the task more difficult.

Ifeanyi Anaemena: CHAN Eagles not under pressure

Enyimba defender Ifeanyi Anaemena has asserted that the CHAN Eagles are not under pressure despite facing a daunting task in the return leg of the African Nations Championship qualifier against Togo today at the Agege Stadium, Lagos.
The Ogun State Governor, Prince Dapo Abiodun has said his administration’s policies will improve prosperity and increase the industrial revolution in the state.

Governor Abiodun: I’ll make my decision on coronate Obas promoted by Senator Amosun

Dapo Abiodun, the Governor of Ogun State, Friday, said his government will soon make public, its decision on the village heads otherwise known as Baales promoted to coronate Obas by the former Governor Ibikunle Amosun at the twilight of his administration.
Super Eagles Goalkeeper Ikechukwu Ezenwa and other officials of the team based in Nigeria will “hopefully” start off on their journey to Singapore Today, ahead of the international friendly against Brazil.

Ikechukwu Ezenwa: Home-Eagles not under pressure

Super Eagles goalkeeper Ikechukwu Ezenwa says the team is not under pressure to get the better part of their Togolese counterparts on Saturday.

Three killed in beer parlour fire in Nnewi

An early morning fire at a beer parlour in Nnewi, Anambra State, on Friday killed three female workers who were sleeping in the building.