FIRS

Why There are Revenue Leakages – FIRS Chairman

March 03, (THEWILL) - The Executive chairman of the Federal Inland Revenue Service (FIRS), Zacch Adedeji, has identified multiple collection channels as the cause of  revenue leakages. Adedeji spoke when he appeared before the House of Representatives Committee on finance to...

FIRS: Non-Oil Revenue Projected To Hit N20trn On Aggressive Tax Reforms

February 25, (THEWILL) - Nigeria’s non-oil revenue, known for its tardy, clay-footed performance in previous years, has recorded exponential growth in the post-COVID-19 period. Data from the Federal Inland Revenue Service (FIRS) showed that the nation’s non-oil revenue soared...

FIRS Reveals Plans To Ensure Digital Content Creators Pay Tax

February 04, (THEWILL) - The Federal Inland Revenue Service (FIRS) has revealed plans to ensure skit makers, influencers, and digital content creators in Nigeria pay their tax. This was contained in a press statement issued by the Special Adviser on...

FIRS Chairman Stresses Importance Of Armed Forces’ Support In Revenue Collection

January 30, (THEWILL) - The Executive Chairman of the Federal Inland Revenue Service (FIRS), Zacch Adedeji, on Tuesday, called for the strengthening of the existing symbiotic relationship between the FIRS and the Armed Forces in the country. Mr Adedeji...

FIRS Concludes Strategic Meeting Amid High Performance Scorecard

January 28, (THEWILL) - The Federal Inland Revenue Service (FIRS) concluded its two-day strategic meeting last Wednesday-Thursday in Abuja where it showcased its exceptional performance scorecard. The report showed that the revenue agency collected a record N12.374 trillion as tax...

FIRS Collects Record N12trn in 2023, Targets N19trn in 2024

January 25, (THEWILL) - The Federal Inland Revenue Service (FIRS) collected a record N12.374 trillion as tax revenue for the federation in 2023, surpassing the year’s target of N10.7 trillion. The Chairman of FIRS, Zacch Adedeji, disclosed this...

Finance Minister To Declare Open FIRS Management Retreat Thursday

January 23, (THEWILL) - Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, will on Thursday, January 25, 2024 declare open a two-day strategic management meeting of the Federal Inland Revenue Service, FIRS. The retreat, scheduled to...

Tinubu Felicitates FIRS Chairman Adedeji, Chagoury On Birthdays, Mourns Brodericks-Imasuen

January 07, (THEWILL) - President Bola Tinubu has felicitated the Executive Chairman of the Federal Inland Revenue Service (FIRS), Dr. Zacch Adedeji and business titan, Ambassador Gilbert Chagoury, as they mark their birthday on Monday, January 8. The President, in...

Banks to Comb Customers’ Accounts for 3 Years Foreign Currency Transactions Levy Arrears

January 03, (THEWILL) - Nigeria’s deposit money banks have announced that they will comb their customers’ accounts to deduct the backlog of Electronic Money Transfer Levy (EMTL) on old foreign currency transactions. The deductions, which will be effected in...

UPDATED: Tinubu Signs N2.17trn 2023 Supplementary Budget Into Law

November 08, (THEWILL) - President Bola Tinubu, on Wednesday, signed the N2.176 trillion Supplementary Appropriation Act Into law to strengthen Nigeria's security architecture and address Nigeria's critical infrastructure deficit, amongst other considerations. THEWILL reports that President Tinubu signed the Appropriation...
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IYC Committed To Peaceful Resolution Of Eruani, Daukoru Dispute – Ayebakuro Itari

The Ijaw Youth Council has waded into the dispute between Dr Azibapu Eruani and Mr Kariyai Daukoru with...
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