Tags Federal Inland Revenue Service (FIRS)

Tag: Federal Inland Revenue Service (FIRS)

FIRS boss harps on women, girl-child empowerment

Mr Muhammad Nami, Executive Chairman of the Federal Inland Revenue Services (FIRS), has stressed the need for adequate investment in the empowerment of women and girl child to promote tax administration in Nigeria.

NIPOST, FIRS in Twitter war over stamp duty

Two Federal government agencies, Nigerian Postal Service(NIPOST) and Federal Inland Revenue Service(FIRS) are waging a social media war over stamp duty, that will require President Buhari to resolve.

FIRS targets trillions in tax from oil, gas companies

The Federal Inland Revenue Service (FIRS) said it would rake in four trillion naira as tax revenue from the extractive sector of the Nigerian economy in the 2020 fiscal year.

FIRS targets N8.5trn revenue in 2020

 The Federal Inland Revenue Service (FIRS) said it is targeting N8.5 trillion revenue for the country in 2020.

Minister inaugurates FIRS board, announces date of new VAT regime

Mrs Zainab Ahmed, the Minister of Finance, Budget and National Planning said the implementation of the new regime of 7.5 per cent Value Added Tax (VAT) will take effect from Feb. 1.

FIRS blows hot, denies funding Osinbajo campaigns

The Federal Inland Revenue Services, FIRS, has reacted to claims by former spokesperson of the All Progressives Congress, APC, Timi Frank, that it supported the party’s political campaign with the sum of N40bn

FIRS, First Bank to settle out of court in N25bn suit

Federal Inland Revenue Service (FIRS) and First Bank Plc have opted for out of court settlement in an N25 billion damages suit filed against them by an indigenous company, Biatemp Ventures Ltd over alleged account manipulation.

Tax revenue recovery: Presidential panel, FIRS partner

The Special Presidential Investigation Panel for the Recovery of Public Property (SPIP) is to panel with the Federal Inland Revenue Service (FIRS), to recover tax revenues from companies who hitherto have been evading payment.

FIRS generates N1.5tn revenue in Q1 of 2019 – Fowler

The Federal Inland Revenue Service (FIRS) generated N1.5 trillion revenue in the first quarter (Q1) of 2019, according to its Chairman, Mr Babatunde Fowler.

Man sues FIRS for shutting company, demands N2b damages

Mr Bharat Vora, a Plaintiff, on Monday prayed a Federal High Court in Abuja to award him N2 billion against the Federal Inland Revenue...

VAT: Fowler Didn’t Call For 50 Percent Increase – FIRS

The Federal Inland Revenue Service (FIRS), has dismissed media reports quoting its Chairman, Mr. Tunde Fowler, as suggesting an increase in the rate of...

FIRS Generates N23b From Lien On Corporate Accounts

The Federal Inland Revenue Service (FIRS) has generated over N23 billion in unpaid taxes from the recently suspended substitution exercise on corporate bank accounts,...

FIRS: A Forceful Collector of Taxes In An Era of Poverty (1)

The chairman of Federal Inland Revenue Service (FIRS), Babatunde Fowler is a man who takes his job seriously. At every opportunity, he tells us of the success of the organisation which he has led since August 20, 2015. In a way, his robust stature and good parental background match the success of the Federal Inland Revenue Service.

Unpaid Taxes: FIRS Seals 2 Companies In Lagos

The Federal Inland Revenue Service (FIRS), on Monday, sealed off premises of two companies for failure to pay taxes.

FIRS Generates N1.7trn In First Quarter Of 2018

The Federal Inland Revenue Service (FIRS) generated N1.17 trillion in the first quarter of 2018 from the collection of different taxes.

FIRS records N700m revenue increase in 2017

The Chairman, Federal Inland Revenue Service (FIRS), Mr Tunde Fowler, said the Service recorded four million new taxpayers, including companies and individuals, resulting in N700 billion increase in revenue in 2017.

Tax Evaders’ll Be Exposed, Fowler tells company directors

Chairman of the Federal Inland Revenue Service (FIRS), Mr. Tunde Fowler, has urged members of the Institute of Directors (IoD) to take advantage of the Voluntary Assets and Income Declaration Scheme (VAIDS).

Fowler To Tax Defaulters: Take Advantage Of VAIDS, Avoid Prosecution

Chairman of the Federal Inland Revenue Service (FIRS), Mr. Babatunde Fowler, has advised tax defaulters to take advantage of the Voluntary Assets and Income Declaration Scheme (VAIDS) and avoid prosecution as well as other penalties at the end of the scheme on 31 March.

FIRS generates N4.03 trillion revenue

The Chairman, Federal Inland Revenue Service (FIRS), Mr Tunde Fowler, said the Service collected N4.03 trillion revenue in 2017.

2017 Revenue Target: FIRS hits 79.35% in 10 months – Fowler

The Federal Inland Revenue Service (FIRS), on Monday in Abuja, said it generated N3.233 trillion in 10 months, an amount that represented 79.35 per cent of its collection target for 2017.

700,000 apply for 500 FIRS jobs

The Chairman, Federal Inland Revenue Service (FIRS), Mr Tunde Fowler, has said that the organisation received more than 700,000 applications from the recent job...

FIRS seals Bolingo Hotel Abuja

The Federal Inland Revenue Service (FIRS) on Wednesday sealed the Bolingo Hotel, Abuja, over suspected tax matters.A source at the FIRS said the measure...

FIRS seals 3 eateries in Owerri

The enforcement team of the Federal Inland Revenue Service (FIRS) has sealed offices of three tax-defaulting business outlets in Imo.The sealed outfits are eateries...

Insecurity: FIRS shuts three offices

The Federal Inland Revenue Service (FIRS) has shut three of its offices in Adamawa because of insurgency, NAN said.The organisation also said that it...

FIRS records N140bn shortfall in first quarter revenue collection

The Acting Executive Chairman of the Federal Inland Revenue Services (FIRS), Alhaji Kabir Mashi, has said that the service recorded a shortfall of N140...

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