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Tag "FIRS"

Senate panel asks FIRS to suspend tax waivers, says Nigeria lost N17trn in five years

    Senate panel asks FIRS to suspend tax waivers, says Nigeria lost N17trn in five years

The senate committee on finance has frowned on the N17 trillion loss incurred by the country on tax waivers within the last five years. Speaking during the 2024 budget presentation

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Tax credit scheme: FIRS, NNPC to terminate non-performing road construction contracts

    Tax credit scheme: FIRS, NNPC to terminate non-performing road construction contracts

The Federal Inland Revenue Service (FIRS) says it has collaborated with the Nigerian National Petroleum Company (NNPC) Limited and the ministry of works to terminate all non-performing contracts under the

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FIRS faults Buhari’s N2.59trn tax credit scheme on road infrastructure

    FIRS faults Buhari’s N2.59trn tax credit scheme on road infrastructure

Zacheus Adedeji, chairman of the Federal Inland Revenue Service (FIRS) has faulted the three-year-old N2.59 trillion tax credit scheme introduced by former President Muhammadu Buhari’s administration for road construction across

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‘We’ll provide needed services’ — FIRS assures businesses of friendly tax policies

    ‘We’ll provide needed services’ — FIRS assures businesses of friendly tax policies

The Federal Inland Revenue Service (FIRS) has assured businesses of a friendly, customer-centric tax policies.  Zacch Adedeji, executive chairman of FIRS, made the commitment while receiving the management team of

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Sources: FIRS not planning to tax content creators

  Sources: FIRS not planning to tax content creators

The Federal Inland Revenue Service (FIRS) has no plans to subject online content creators to tax payment, TheCable understands. Reports

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Tax dispute: MultiChoice agrees to pay N35bn to FIRS

  Tax dispute: MultiChoice agrees to pay N35bn to FIRS

MultiChoice Group has agreed to pay N35.4 billion as part of its tax obligations to the Federal Inland Revenue Service

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Adedeji: FIRS collected N12.3trn in 2023 | Non-oil sector accounted for 74%

  Adedeji: FIRS collected N12.3trn in 2023 | Non-oil sector accounted for 74%

The Federal Inland Revenue Service (FIRS) says it collected N12.37 trillion as tax revenue in 2023. This was disclosed at

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FIRS directs banks to deduct N50 stamp duty on int’l transactions from Jan 2021

  FIRS directs banks to deduct N50 stamp duty on int’l transactions from Jan 2021

The Federal Inland Revenue Service (FIRS) has directed banks to commence the deduction of the sum of N50 as electronic

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FIRS budgets N11bn for long service awards, N5bn for vehicles

  FIRS budgets N11bn for long service awards, N5bn for vehicles

The Federal Inland Revenue Service (FIRS) has proposed N356.95 billion to the federal government as budget for 2024. This is

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Union Bank to begin deduction of N50 electronic transfer levy on foreign transactions

  Union Bank to begin deduction of N50 electronic transfer levy on foreign transactions

Union Bank says it will begin to deduct the sum of N50 for all international transactions as electronic transfer levy

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