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Tag "Federal Inland Revenue Service(FIRS)"

ICYMI: Dangote Cement awarded N22.3bn tax credit for road construction

    ICYMI: Dangote Cement awarded N22.3bn tax credit for road construction

Dangote Cement Plc has received tax credit certificates valued at ₦22.32 billion for the construction of roads. The tax credit certificates are for the construction of Apapa-Oworonshoki-Ojota road in Lagos

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Senate approves N7.6trn revenue target for FIRS

    Senate approves N7.6trn revenue target for FIRS

The senate on Wednesday approved an upward review of the revenue target for the Federal Inland Revenue Service (FIRS) from N5.076 trillion in 2020 to N7.61 trillion in 2021. The

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FIRS calls for adoption of technology in tax processes to block revenue leakages

    FIRS calls for adoption of technology in tax processes to block revenue leakages

Mohammed Nami, executive chairman of the Federal Inland Revenue Service (FIRS), says the adoption of technology is needed to improve tax collection and block revenue leakages. He was speaking on

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FIRS targets N5.9trn revenue in 2021

    FIRS targets N5.9trn revenue in 2021

The Federal Inland Revenue Service (FIRS) has set a revenue target of N5.9 trillion for 2021. NAN reports that Mohammed Nami (pictured), FIRS executive chairman, announced the target on Thursday

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EFCC to join FIRS in fighting tax evasion, says it is a financial crime

  EFCC to join FIRS in fighting tax evasion, says it is a financial crime

The Economic and Financial Crimes Commission (EFCC) says it is committed to fighting tax evasion because it is a financial

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FIRS to landlords: No need to increase rents — tenants will pay the stamp duty at banks

  FIRS to landlords: No need to increase rents — tenants will pay the stamp duty at banks

The Federal Inland Revenue Service (FIRS) says landlords do not have any reason to increase rents or lease agreements because

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Fowler: No harm in introducing communication tax, Nigerians talk a lot on phone

  Fowler: No harm in introducing communication tax, Nigerians talk a lot on phone

Babatunde Fowler, chairman of the Federal Inland Revenue Service (FIRS), says there is no harm in introducing a communication tax.

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I will waive my immunity to be investigated, says Osinbajo

  I will waive my immunity to be investigated, says Osinbajo

Vice-President Yemi Osinbajo says he will waive his constitutional immunity to be investigated. Osinbajo made this known on Wednesday in

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Uber, Jumia, Netflix…. businesses that may be affected by FIRS’ new VAT policy

  Uber, Jumia, Netflix…. businesses that may be affected by FIRS’ new VAT policy

Businesses operating in Nigeria’s internet space are preparing to add value-added tax (VAT) to their cost of doing business. Babatunde

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