The Chairman of the Federal Inland Revenue Service, FIRS, Zacch Adedeji, has said the current tax law benefits only three states, which receive more than 70 percent of the Value Added Tax, VAT, leaving others with a margin percentage. Adedeji…
The Chairman of the Federal Inland Revenue Service (FIRS), Zacch Adedeji, has assured that the four tax bills under review by the National Assembly will not compromise the operations or funding of revenue-generating agencies in Nigeria. In a statement released…
By Esther Agbo The Federal Inland Revenue Service (FIRS) has introduced a new USSD code, *829#, allowing citizens to handle tax-related matters via their mobile phones without the need for internet access. The FIRS Chairman, Zacch Adedeji, unveiled the USSD…
Youths in the Northern part of Nigeria, under the aegis of the Northern Youths Movement (NYM) have decried seeming sponsored smear campaign against the Chairman of the Federal Inland Revenue Service (FIRS), Dr Zacch Adedeji, describing it as “exercise in…
In a move to revamp Nigeria’s tax administration, President Bola Ahmed Tinubu has sought the approval of the National Assembly to rename the Federal Inland Revenue Service (FIRS). The President is also seeking the passage of three other bills to…
The Federal Inland Revenue Service (FIRS) says it will introduce the FIRS e-Invoice, a digital solution for managing invoices, in line with the Tax Administration and Enforcement Act 2007. The Executive Chairman, FIRS, Dr Zacchaeus Adedeji, stated this on Wednesday…
By Esther Agbo The Federal Government and the Federal Inland Revenue Service (FIRS) have thrown their weight behind the 2024 Annual MSME Finance Awards, an event aimed at recognising institutions that champion financial inclusion and promote the growth of micro,…
By Esther Agbo In a move aimed at enhancing transparency within Nigeria’s revenue agency, the Federal Inland Revenue Service (FIRS) has partnered with the Independent Corrupt Practices and Other Related Offences Commission (ICPC) to establish an Anti-Corruption and Transparency Unit…
The National Assembly says it will support the Federal Inland Revenue Service (FIRS) through the repeal of obsolete tax laws and re-enactment of new ones in line with current and global trend. Sen. Muhammed Musa, Chairman Senate Committee on Finance,…
By Opeyemi Abdulsalam The Presidential Fiscal Policy and Tax Reform Committee has proposed that all revenue generating agencies will henceforth earn one percent on the revenue they generate. Chairman of the Presidential Fiscal Policy and Tax Reform Committee, Mr. Taiwo…
