Saturday, June 12, 2021

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fIrS

2 lovers arrested for alleged impersonation of FIRS chairman

The Federal Inland Revenue Service, FIRS, says two lovers have been arrested for impersonating its Executive Chairman, Muhammad Nami, to defraud unsuspecting Nigerians.

Ex-FIRS chairman loses brother

A former Chairman of the Federal Inland Revenue Service, FIRS, Ifueko Omoigui-Okauru has lost her brother, Dr. Austin Omoigui in the United States.

Nigerian govt denies printing N60bn to support March allocation

The Federal Government has denied a claim by the Edo State governor, Godwin Obaseki, that it printed about N60bn to augment March allocation to States.

Nigerian Immigration warns citizens against fake marriages with foreigners

The Comptroller-General of the Nigeria Immigration Service, NIS, Muhammad Babandede, has warned Nigerians against contracting  fake marriages with foreigners. Mr Babandede, who handed the warning...

EFCC uncovers how FIRS director received over N700m cash payment

The Economic and Financial Crimes Commission, EFCC, has uncovered how a former Coordinating Director of Federal Inland Revenue Service, Peter Hena, received over N700 million cash between January 2017 and December 2018.

NIPOST reclaims collection of stamp duty charges from FIRS – Pantami

The Minister of Communications and Digital Economy, Dr Isa Pantami, has disclosed that the Nigeria Postal Service, NIPOST, has reclaimed the collection of stamp duty charges from the Federal Inland Revenue Service, FIRS, putting an end to the bickering between the two government agencies over whose responsibility is it to collect the charges.

Man bags one-year jail term over FIRS job scam in Sokoto

Justice Bello Duwale of the Sokoto State High Court today on Thursday March 4 convicted and sentenced one Mohammed Buba Amne to one year...

Nigerian federal, states, LGAs share N640.3bn for January

The Federation Accounts Allocation Committee, FAAC, has shared N640.310 billion to the three tiers of government for January. Hassan Dodo, the director of Information, Ministry...

2021 Budget: Group faults zero allocation for Tobacco control

The Nigeria Tobacco control Alliance, NTCA, has faulted the non-budgetary provision for the tobacco control fund in the 2021 budget.

FIRS generates over N454bn from VAT deductions in 3 months

The National Bureau of Statistics, NBS, has disclosed that the Federal Inland Revenue Service, FIRS, collected Value Added Tax, VAT, worth N454.69 billion in the fourth quarter of 2020.

Yobe govt earmarks over N10bn for social services

The Yobe State Executive Council has approved the spending of over N10 billion for the provision of various social services in the state.

Nami: FIRS generates N4.178trn revenue in 10 months

The Federal Inland Revenue Service, FIRS, says it has generated N4.178 trillion revenue in the last 10 months. The executive chairman of the service, Muhammad...

FIRS generates N4.17trn in revenue

Muhammad Nami, Chairman, Federal Inland Revenue Service, FIRS, on Friday said that a total of N4,178 trillion was generated in taxes from January to...

Again, FIRS extends tax waiver window to December 31 – Official

The Federal Inland Revenue Service, FIRS, says the window of opportunity for waivers of penalties and interest on outstanding taxes arising from desk examinations and audit exercises will close on Dec. 31.

EFCC quizzes ex-FIRS Chairman Fowler over N100bn alleged tax evasion

The Economic and Financial Crimes Commission, EFCC, has invited a former Chairman of Federal Inland Revenue Services, FIRS, Babatunde Fowler, for interrogation over N100 billion tax evasion allegation.

MTEF/FSP: Senate threatens zero budget for CBN, NPA, NCC, others

The Senate has threatened to withhold approval for the budgets of federal agencies whose heads refuse to appear before its Joint Committee on Finance and National Planning to defend their proposals in the 2021-2023 Medium Term Expenditure Framework and Fiscal Strategy Paper, MTEF/FSP.

FIRS, NIPOST in tug-of-war over stamp duty

It appears that the ongoing impasse between the Nigerian Postal Service, NIPOST, and the Federal Inland Revenue Service, FIRS over ‘stamp duty’ is beginning...

FIRS tackles NIPOST Board chair Maimuna Abubakar over stamp duty claims

The Federal Inland Revenue Service, FIRS, says the claim by the Chairperson of NIPOST Board, Maimuna Abubakar, that both the Service and the National Assembly appropriated NIPOST’s ideas about stamp duty to the exclusion of the postal service is untrue.

Stamp Duty: FIRS to offer palliatives to tenants

The Federal Inland Revenue Service, FIRS, says it is working on a stamp duty palliative package for tenants in view of the current economic realities occasioned by COVID-19.

FIRS publishes stamp duty rates, others

The Federal Inland Revenue Service, FIRS, has published detailed information to guide taxpayers and the general public on rates payable as stamp duty.

Ease of Doing Business: CAC certificates now carry FIRS TIN numbers – RG

In furtherance of the Federal Government’s ease of doing business initiative, the Corporate Affairs Commission, CAC, company registration portal has interfaced with that of the Federal Inland Revenue Service, FIRS, for generation of Tax Identification Number, TIN, for customers.

Senate approves N168.8bn 2020 budget for FIRS

The Senate on Wednesday at plenary, approved the sum of N168,809,476,220 to fund the proposed 2020 budget of the Federal Inland Revenue Services, FIRS.

FIRS extends tax payments to August 31

The Federal Inland Revenue Service, FIRS, has extended the closing date of its waiver of penalty and interest window on tax debts owned by individuals and businesses from June 30 to August 31, 2020.

NCC, FIRS partner for harmonisation of VAT in telcos’ transactions

The Nigerian Communications Commission, NCC, has signed a Memorandum of Understanding, MOU, with the Federal Inland Revenue Service, FIRS.

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