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Imo State Seals 13 Hotels Over Tax Default

(AFRICAN EXAMINER) – The Imo State Government says it has sealed 13 hotels in the state for failure to settle their tax liabilities. Chairman of Imo State Internal Revenue Service (IRS), Mr Emma Ononaku disclosed this to News Agency of Nigeria (NAN) in Owerri on Thursday. Onanaku said the IRS had earlier obtained a court […]

FIRS Collects N1.123trn Revenue In First Quarter

(AFRRICAN EXAMINER) – The Federal Inland Revenue Service (FIRS) says it has collected N1.123 trillion revenue in the First Quarter (Q1) of 2020. The FIRS made this known in a statement issued by Mr Abdullahi Ismaila, Director, Communications and Liaison Department of the service in Abuja on Thursday. He said the service recorded seven per […]

FIRS Staff Threaten Showdown As Fowler Handover to ‘Personal Aide’

(AFRICAN EXAMINER) – The Joint Union Council of the Federal Inland Revenue Services (FIRS) has criticized decision by the immediate past Chairman of the tax agency, Mr Babatunde Fowler to hand over to a Director, Mr. Abiodun Aina. The body made this known Tuesday at the end of its emergency meeting held at the Association of Civil […]

BREAKING: Buhari Dumps Embattled Fowler, Okays New FIRS Chairman

(AFRICAN EXAMINER) – President Muhammadu Buhari has approved the appointment of Muhammad Nami, a tax consultant, as the new chairman of the Federal Inland Revenue Service (FIRS). Mr Babatunde Fowler, whose tenure expired today (Monday) was unable to secure a second term in office despite moves to get the President’s nod, instead, he was asked […]

Opinion: Increased VAT Accruals, By Jide Ayobolu

(AFRICAN EXAMINER) – The country earned a total of N876.09bn from Value Added Tax in the first nine months of this year, statistics released by the National Bureau of Statistics have revealed. The NBS in its VAT report which was released recently said the sum of N289.03bn was generated in the first quarter while N311.94bn […]

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