The Corporate Affairs Commission (CAC) and the Federal Inland Revenue Service (FIRS) have agreed to reinvigorate their existing collaboration in realising their respective mandates for the sake of the nation’s economy. This indication was given during a visit to the FIRS Executive Chairman, Mr. Zacch Adedeji, by the CAC Registrar …
Read More »Nigeria in revenue crisis with huge public debt — Adedeji, new FIRS boss
The new chairman of the Federal Inland Revenue Service, FIRS, Dr Zacch Adedeji, said yesterday the nation is in a revenue crisis and requires urgent steps to change the narrative. Adedeji, who stated this while taking over the mantle of leadership of the agency from his predecessor, Muhammad Nami, noted …
Read More »FIRS Takes Over Collection of Stamp Duty from NIPOST
The Minister of Communications and Digital Economy, Dr Isa Pantami, on Thursday announced that the Federal Inland Revenue Service (FIRS) will replace the Nigeria Postal Service (NIPOST) as stamp duty collector. He made the disclosure at the launch of Nigeria’s 60th Independence Anniversary Commemorative Postage Stamps held at the Digital …
Read More »FG Apologises for Asking Banks Account Holders to Re-register
The Federal Government has apologised for asking all account holders in the country’s financial institutions to register their details again. In a press statement, the Federal Inland Revenue Service explained that only “reportable persons” are expected to submit the form. The statement read, “This is to clarify the publication for …
Read More »FIRS Nets N438bn Non-oil Tax in July
The Executive Chairman, the Federal Inland Revenue Service, FIRS, Muhammad Nami, has disclosed that the service has generated about N490 billion revenue in the month of July. A statement on Thursday by the FIRS spokesman, Abdullahi Ismaila-Ahmad, quoted Mr Nami as making the disclosure during a courtesy call on the …
Read More »Nigeria Generates N66bn in 5 Months from Stamp Duties
The Federal Inland Revenue Service (FIRS) has generated the sum of N66 billion from stamp duties between January and May. The FIRS Director, Communications and Liaison Department, Abdullahi Ahmad, made this known in a statement in Abuja on Tuesday. Mr Ahmad said the Executive Chairman of FIRS, Muhammad Nami, disclosed this at …
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