FIRS generates N5.3 trillion in 2018, highest in Nigeria’s history – Official
"FIRS’ generation of N5.3 trillion is significant as it was at a period when oil prices averaged $70 per barrel."
"FIRS’ generation of N5.3 trillion is significant as it was at a period when oil prices averaged $70 per barrel."
The highest in FIRS history is N5.07 trillion generated in 2012.
African governments' losses from IFFs now stand at $80 billion per annum.
The Service says it uncovered 114 companies that claimed they were not aware of lands allocated to them in Abuja.
The official says the FIRS would continue to implement initiatives that would drive tax compliance and generate revenue.
The governor speaks on how his government has achieved its feat.
The amount was about N393 billion, or 51 per cent more than the N778.1 billion the Service collected in the ...
Mr Fowler said FIRS collected N1.171 trillion between January and March 2018.
He also said the service introduced initiatives to improve inter-agency collaboration.
The collected revenue represents 82.38 percent of the N4.89 trillion target set for the Service by the federal government during ...
The commission also launches compendium of business opportunities for investors.
The 25 tax experts were headhunted across the globe to sit in the Committee.
The committee has 25 members worldwide.
Service now has automated tax collection platforms.
The campaign would be replicated in the states.
Defaulters will not be prosecuted.
Among the applicants were 2,000 graduates who had first class.
“It has come to a point we should say, okay, let us leave oil aside. Let us face non-oil sources."
The lecture is organised to commemorate the 82nd birthday of Nobel Laureate, Wole Soyinka.
The agency says 80 per cent of the targeted amount would be collected before end of the year.
Effective collaboration and cooperation between the police and major stakeholders needed.
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