The Federal Inland Revenue Service (FIRS) has stated that the National Identity Management Commission (NIMC) has automatically become a tax ID for Nigerians. The development comes in the wake of conversations surrounding a provision of the tax laws mandating a Tax ID for bank account ownership. Speaking in a public awareness campaign on the new…
In a striking endorsement of the Federal Inland Revenue Service (FIRS), the Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) has hailed it as the crucial driver of Nigeria’s fiscal stability. During a joint committee inauguration in Abuja, RMAFC member Bimbo Kolade emphasized the vital role FIRS plays in ensuring sustainable revenue for federal, state, and…
The Retail Supermarkets Nigeria Limited (RSNL), operator of the Shoprite franchise in Nigeria has finally closed its Ado Bayero Mall Store, Kano, Kano State Northwest Nigeria. SaharaReporters reported on December 14, 2023, that Shoprite had announced the closure of its Ado Bayero Mall Store, Kano from January 14, 2024. A video Imran Muhammad…
President Bola Tinubu celebrated the Executive Chairman of the Federal Inland Revenue Service (FIRS) Dr Zacch Adedeji, as he marked his birthday on Monday. A statement by Chief Ajuri Ngelale, Special Adviser to the President on Media and Publicity said the President extolled the fine defining qualities of the young first-class graduate of accounting. Tinubu…
Dapo Okubanjo For any one who has paid more than a passing attention to the activities of the Federal Inland Revenue Service (FIRS) in the last four years, the agency’s tax collection receipt in the first six months of 2023 would certainly not be surprising. This is because the FIRS under the leadership of Muhammad…
Tax administrators must keep up with the dynamics occasioned by disruptive new technologies of the 21st century, and arm themselves with the necessary skills, capacity and character for effective and efficient tax administration in the fourth industrial revolution age. This was the position expressed by the President of the Commonwealth Association of Tax Administrators…
…As NNPC Plans to Rebuild Roads Under Tax Credit Scheme As a follow-up to its efforts in sustaining the current smooth supply and distribution of petroleum products nationwide within the festive period and beyond, the Nigerian National Petroleum Corporation (NNPC) has engaged critical stakeholders so as to find lasting solutions to the road network…
Federal Inland Revenue Service (FIRS) has said that it has sent a proposal to the federal government for a law on road tax. Truetells Nigeria reports that the Executive Chairman of the agency, Mohammed Nami disclosed this during an interactive session organised by the house of representatives committee on finance on the 2022-2024 medium term…
