The Chairman of the Federal Inland Revenue, Zacch Adedeji, has reiterated the agency’s commitment not to introduce additional taxes in the country. Adedeji stated this on Wednesday, when the Chief Executive Officer of Guinness Nigeria Plc, Adebayo Alli, led the company’s management team on a visit to the Revenue House in Abuja. In a statement […]
FG files tax evasion charges against Binance
Senate okays N446.3bn FIRS 2024 Budget
The Nigerian Senate has passed N446.3 billion as the 2024 Federal Inland Revenue Service, FIRS, budget. The action of the Red Chamber followed its adoption and approval of its Committee on Finance recommendation, which considered the budget. The Chairman of the Committee, Senator Sani Musa (APC – Niger East) presented the report. The budget breakdown […]
Alleged N2bn fraud: How Eteta Ita diverted FIRS funds to her private school – Witness
A prosecution witness in the ongoing trial of the Head of Stakeholders Unit of the Federal Inland Revenue Services, FIRS, Emmanuella Eteta Ita, on Monday, told Justice Giwa Ogunbanjo of the Federal High Court in Abuja, how Ita siphoned and diverted large sums of money meant for stakeholders’ assignments to her private school, Surestart School […]
FIRS’ N2bn fraud: Witness testifies how Eteta Ita allegedly diverts fund to private account
Ijeoma Matilda, the sixth prosecution witness, PW6, in the ongoing trial of the Head of Stakeholders Unit of the Federal Inland Revenue Service, FIRS, Emmanuella Eteta Ita, has testified how the defendant allegedly diverted funds meant for stakeholders’ assignments to her private school account, Surestart School Ltd. Testifying before Justice Giwa Ogunbanjo of the Federal […]
Tinubu directs govt agencies to prioritise digital investments
Reps charge FIRS to recover unremitted N5.19trn MDAs taxes
The House of Representatives, on Thursday, charged the Federal Inland Revenue Service, FIRS, to recover all taxes totalling over N5.19 trillion owed to the Federal Government by ministries, departments and agencies. The development comes after the adoption of a motion by the member representing Oredo Federal Constituency of Edo State, Esosa Iyawe. He said, “Audit […]
Reps mull establishment of Tax Crime Commission
Reps probe multichoice over alleged N1.8trn unremitted tax
Mr Abdullahi said previous attempts by FIRS to recover unpaid taxes through legal means, including court proceedings and resolution to settle out of court by both parties, did not yield results. The post Reps probe multichoice over alleged N1.8trn unremitted tax appeared first on Premium Times Nigeria. Powered by WPeMatico
Tinubu approves continuation of Tax Credit Scheme – FIRS
The Federal Inland Revenue Service, FIRS, on Friday, said that President Bola Tinubu has approved the continuation of the Tax Credit Scheme. The development followed a closed-door meeting between the Executive Chairman of the FIRS, Zacch Adedeji, the Minister of Works, David Umahi, and the Chief Financial Officer of the Nigerian National Petroleum Company Limited, […]