Tag: FIRS

“The global tax arena is continually changing,” he noted.

The move followed the termination of the Production Sharing Contract (PSC) relationship between NNPC and Addax.

It is the first time that the FIRS will cross the 10-trillion Naira mark in tax revenue collection, an official ...

On a quarter-on-quarter basis, arts, entertainment, and recreation supply activities recorded the highest growth rate with 61.09 per cent.

Addax has ceased to be the Production Sharing Contract (PSC) contractor for the Oil Mining Leases (OML) 123/124 and OMLs ...

Nigeria is losing an estimated $18 billion annually to illicit finance like bribery, internet fraud, and non-payment of taxes, said ...

The list includes the Nigeria Liquified Petroleum Gas Company Ltd, which was recognised as the Most Supportive Taxpayer; while the ...

FIRS celebrated Nigeria’s highest paying taxpayers, including MTN, Shell Petroleum Development Company of Nigeria, NOCACO, AIRTEL and CHEVRON.

NEITI had in its recent report said that 77 Oil and Gas companies operating in Nigeria owe the federal government ...

The bills were part of the 68 proposed by the joint committee of the National Assembly on constitution review

The proposed industrial action may worsen the state of fuel supply across the country.

Of the total amount approved, N119.7 billion was earmarked for Personnel Cost, N60.2 billion for Overhead Cost and N36 billion ...

“Everybody knows that Nigerians are enterprising, practically every Nigerian has some kind of business, as they say, some hustle or ...

A government analysis says companies failed to pay trillions in witholding and value added tax between 2010 and 2020.

The Tax Appeal Tribunal dismissed Multichoice’s appeal on Tuesday.

The FIRS chair, Muhammad Nami, says introducing the infrastructure tax regime is the only way to make the informal secto ...

The Court of Appeal joined Lagos State as a respondent alongside Rivers State in the VAT collection battle.

The state said it was unaware of the suit between the Attorney-General of Rivers State and the Federal Inland Revenue ...

Some state governments are contesting the right of the federal government to be the sole collector of the Value Added ...

The two organisations organised a webinar Thursday to promote CSOs understanding and knowledge of their tax responsibilities.

The Court of Appeal in Abuja had on 10 September ordered parties to the VAT collection case to maintain status ...

The agency warns that defaulters may pay penalty for not maintaining the "status quo".

The FIRS spokesperson says it sought a stay of execution order and that the status quo ante should subsist on ...

Mr Buhari signed the Petroleum Industry Bill into law on Monday.