Federal Inland Revenue Service

The Senate has approved the sum of N216,646,579,231 billion naira as expenditure for the Federal Inland Revenue Service (FIRS) for the 2021 fiscal year. This was just as the upper chamber gave its approval for the service to review…

Powerbrokers in the All Progressives Congress (APC) and the Presidency are considering pairing a former Governor of Ogun State and serving senator, Ibikunle Amosun, to run as Vice President with the Attorney General of the Federation,…

  Senate President Ahmad Lawan has advised the Federal Government to explore the use of relevant technology for the purpose of revenue collection by its agencies, so as to prevent the diversion of public funds into private pockets. This…

The Economic and Financial Crimes Commission (EFCC)  is presently interrogating a former Chairman of the Federal Inland Revenue Service (FIRS), Babatunde Fowler, over the N100 billion tax evasion allegations levelled against a tax firm,…

Report says that immediate Executive Chairman of the Federal Inland Revenue Service (FIRS), Mr. Babatunde Fowler, has been arrested by operatives of the Economic and Financial Crimes Commission (EFCC). READ ALSO:…

Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed, has said that the implementation of Value Added Tax (VAT) increase from five per cent to 7.5 per cent will take effect from February 1, 2020. Mrs. Ahmed said this…

Capital market operators on Tuesday urged the new Federal Inland Revenue Service (FIRS) chairman to ensure removal of Value Added Tax on capital market transactions to boost investment in the country. They said this in separate…

 Dr. Babatunde Fowler, the Executive Chairman, Federal Inland Revenue Service (FIRS) says that Nigeria looses about 15 billion dollars to tax evasion annually. He said this on Wednesday in Abuja while declaring open a seminar by the…

It is a season of taxes in Nigeria. First, it was the increase in Value Added Tax, VAT, a proposed tax on online transactions, the expected return of toll gates and now the proposed Communication Service Tax Bill. The bill, if passed, will…

The Federal Inland Revenue Service on Monday said it was not true that it provided N90bn to finance the election campaign of the All Progressives Congress during the last presidential election. The service said this in a statement by the…