taxes

FIRS collects N7.5tn taxes, exceeds education tax target by N4bn

The Federal Inland Revenue Service has collected N7.5tn taxes in 2022 and surpassed the Tertiary Education Tax, EDT fund target…

1 year ago

Provide value for taxpayers money, FIRS urges African govts

Governments across Africa must begin to change governance process to boost public confidence by providing value for taxpayers’ money, Chairman…

2 years ago

Our mandate is to collect taxes, not grant waivers, says FIRS

The Executive Chairman, Federal Inland Revenue Service (FIRS), Muhammad Nami, has clarified that the mandate of the Service is to…

2 years ago

FG Recovers N1.5trn Taxes, Fees From Oil Companies – NEITI

Oil and gas companies have paid over N1.5 trillion in taxes and fees to the Federal Government of Nigeria as…

2 years ago

FG targets $201bn in taxes, duties from Lekki seaport

Minister of Information, Alhaji Lai Mohammed, has said the Lekki Deep Seaport when completed will make Nigeria regain the maritime…

2 years ago

FIRS collects N6.4 trillion as taxes in 2021 — Executive Chairman

The Federal Inland Revenue Service collected about N6.4 trillion as taxes in 2021. The Chairman, Muhammad Nami, gave the figure…

2 years ago

FG will increase taxes next year, says finance minister

Nigerians have to be prepared to pay more taxes next year as the Federal Government takes practical steps to shore…

2 years ago

Kill subsidy, cut CBN loans, raise ‘sin’ taxes… 7 things World Bank wants Buhari to do in 2022

The World Bank on Tuesday released its November 2021 Nigeria Development Update, which showed — among other things — that…

2 years ago

Twitter tax, others raise FIRS 2022 revenue target to N10.1tn

The registration of Twitter and other social media as business entities in Nigeria has raised the projected revenue of the…

3 years ago

Only items imported by President are exempted from taxes – Customs

The Nigeria Customs Service has said only items imported by the the country’s President are exempted from duty charges and…

3 years ago