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Babatunde Fowler FIRS

South East gets N24 billion from federal government tax rebates

The South-East states have received nothing less than N23.87 billion from the Federal Government as tax rebates.

Anambra governor flags off new tax registration system

The Anambra State Governor, Chief Willie Obiano, on Thursday flagged-off the New National Tax Identification Number (TIN) Registration System for the Southeast geopolitical zone.

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.
The Federal Capital Territory (FCT) administration has raised alarm over rising cases of insecurity and vandalism in the territory. Abuja

FRSC: Tricycles’ influx in FCT a failure of bus system

The Federal Road Safety Corps (FRSC) says the influx of tricycles into city roads as a means of transportation, is an indication of failure of intra-city bus systems.

New tax ID: Federal government directs central bank, others to synergise with JTB

The Federal Government has directed the Central Bank of Nigeria (CBN), Nigeria InterBank Settlement System (NIBBS), the National Identity Management Commission (NIMC), to cooperate with the Joint Tax Board (JTB) in the release of relevant individual records.

Tunde Fowler: IGR in 36 states, FCT in 2018 stood at N1.1 trillion

The Chairman, Joint Tax Board (JTB), Mr Tunde Fowler, said on Monday that the Internally Generated Revenue of the 36 states and FCT rose from N800 billion in 2016 to N1.16 trillion in 2018.

FIRS: Taxpayers in Nigeria hit 45 million soon

The Federal Inland Revenue Service (FIRS) says the country’s taxpayers will soon increase to 45 million.
e-Payment - iStock

Nigeria’s e-payment transactions hit N56.85 trillion

Latest report from the Nigerian Interbank Settlement System (NIBSS), has shown that Nigeria’s electronic payment (e-payment) services, recorded transactions worth N56.85 trillion between January and end of September, 2018.
Manufacturers Association of Nigeria (MAN)

MAN: Why 2019 budget falls short of expectations

The Manufacturers Association of Nigeria, (MAN) has expressed concern that there may be a further depreciation of the Naira due to the recent pressure on the country’s external reserve arising continuous dip in oil prices and the usual withdrawal of foreign capital due to anticipated political uncertainty.
Manufacturers Association of Nigeria (MAN)

MAN praises federal government on AfCFTA

The Manufacturers Association of Nigeria (MAN) has released its 2019 Economic Outlook report and acknowledged government’s efforts at carrying the private sector along on the issue of African Continental Free Trade Agreement (AfCFTA).
Oseni Elamah

JTB: Nigerian tax payers now 35 million

The ongoing database consolidation of the Joint Tax Board (JTB) has seen Nigeria’s data base of tax payers expanding from 20 million to 35 million.
Oseni Elamah

JTB: Ongoing reforms to address double taxation

Mr Oseni Elamah, the Executive Secretary of Joint Tax Board (JTB) says ongoing reforms by the board will address the issue of double taxation in the country.

Tunde Fowler: Nigeria’s taxpayer population hits 33 million

The country’s taxpayer roll is set to hit 33 million, Chairman. This was disclosed by Mr. Tunde Fowler, Chairman, Joint Tax Board (JTB) and Executive Chairman, Federal Inland Revenue Service (FIRS) at the 142nd meeting of the JTB in Bauchi yesterday.

FRSC denies ambushing, extorting motorists over new number plates

The Federal Road Safety Commission has denied reports that it is ambushing and extorting motorists in its bid to get them to change over to new number plates.
Asishana Okauru

Asishana Okauru: Revenue generation now priority for governors

Director General of the Nigeria Governors Forum (NGF), Asishana Okauru, has said governors have now made revenue generation top priority due to dwindling federal allocations to states.
Aliyu Abdulhameed

NIRSAL: $8.9 billion annual post-harvest losses unacceptable

The Nigeria Incentive-based Risk Sharing System for Agricultural Lending (NIRSAL) has vowed to tackle post-harvest losses in the agribusiness sub-sector which the Nigerian Stored Products Research Institute estimates to be $8.9 billion annually.

NIRSAL to reduce wastage, boost food supply

The Nigeria Incentive Based Risk Sharing System for Agricultural Lending (NIRSAL) says it is developing a transportation system to address bottlenecks in the movement of agricultural produce from farms to markets.

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EDITORS NOTE: Graphic content / Members of Islamic Movement of Nigeria (IMN) wave flags and chant slogans as they take part in a demonstration to protest against the imprisonnement of a Shiite, in Abuja, on October 29, 2018. - The army and police confronted members of the Islamic Movement of Nigeria (IMN), the group's spokesman Ibrahim Musa told AFP, amid reports of casualties. Rights groups have accused Nigeria's military of killing more than 300 IMN supporters and burying them in mass graves during the 2015 confrontation, a charge the military strongly denies. (Photo by Sodiq ADELAKUN / AFP)

IMN: Shi’ites can’t be reason for US visa restriction on Nigeria

The Islamic Movement in Nigeria, also known as Shi’ites, said that there was no basis for the United States to extend visa restrictions to Nigeria simply because of their activities in the country.
An FCT High Court, Maitama, on Wednesday fixed Jan. 27, 2020 for Olisa Metuh, a former PDP spokesman, charged with criminal destruction of evidence to open his defence.

Sherif vs Atiku: Court adjourns custody hearing to January 27

Hearing in the case instituted by Maryam Sherif, divorced wife of Alhaji Atiku Abubakar, son of Nigeria’s former Vice President, for custody of their children, has been adjourned to Monday 27th January 2020.