The President of the Commonwealth Association of Tax Administrators (CATA) and Chairman, Federal Inland Revenue Service (FIRS), Muhammad Nami, at the weekend held his maiden meeting with the CATA Secretariat team in London. At the meeting, which held at the United Kingdom’s Treasury House, the CATA President was formally briefed by the Secretariat officials on […]
South African company and leading pay TV service provider in Nigeria, MultiChoice, has prepared grounds to appeal a $4.4 billion tax claim by the Federal Inland Revenue Service (FIRS). The company stated on Wednesday that its Nigerian unit had obtained clearance from a tax tribunal to proceed and institute the appeal after paying a $19.4m […]
The Federal Inland Revenue Service (FIRS) has described The Punch newspaper’s report on its approved budgetary provisions for uniforms and meals for the 2022 fiscal year as totally ill-informed and baseless and advised the public to ignore in its entirety the newspaper’s ‘misleading’ report.. The federal revenue agency in a statement issued by the Special […]
Chairman of the Federal Inland Revenue Service (FIRS), Mr. Muhammad Nami, has maintained that the diversification of the Nigerian economy, though a work in progress, is on course. Nami, was quoted in a statement by his SA Media and Communication, Johannes Wojuola, as making this remark while speaking at the ‘Public Presentation and Breakdown of […]
The Federal Inland Revenue Service (FIRS), has said that only 41 million taxpayers are captured in the nation’s tax net so far in a population of over 200 million citizens. The Chairman of the federal revenue agency, Mr. Muhammad Nami, disclosed this at the ‘Public Presentation and Breakdown of the Highlights of the 2022 Appropriation Bill’ in […]
The Executive Vice Chairman (EVC) of the Nigerian Communications Commission (NCC), Prof. Umar Danbatta, has highlighted the various regulatory measures of the Commission toward deepening the adoption of e-Government and other Internet-driven services in the country. The EVC listed the measures in a presentation delivered during the Nigeria e-Government Summit 2021 held in Lagos and […]
The Executive Chairman of the Federal Inland Revenue Service (FIRS), Muhammad Nami, has advised governments at all tiers, particularly at the state level, to ensure that citizens paying their taxes and fulfilling other fiscal obligations enjoy value for the taxes they pay. Nami, who gave the charge, in his goodwill message to the Nigeria Governors’ […]
A member of the Lagos State House of Assembly, Hon. Setonji David, on Monday reiterated the state government’s determination to the implement the just signed Value Added Tax (VAT) Law in the state, despite last Friday’s Court of Appeal ruling for a stay of execution of a lower court order on the matter. The lawmaker […]
The Court of Appeal sitting in Abuja on Friday granted the prayers of the Federal Inland Service (FIRS) over an earlier ruling by Federal High Court sitting in Port Harcourt on states’ powers to collect Value Added Tax (VAT) and ordered both Rivers and Lagos States to maintain status quo antebellum in favour of the […]
The Federal Inland Revenue Service (FIRS) has urged taxpayers in the country not to be perturbed by the Federal High Court sitting in Port Harcourt ruling which dismissed its motion for stay of execution of the judgment that Rivers State can collect Value Added Tax (VAT) from its residents. The federal revenue agency stated that […]