FIRS generates N2.529Trn in six months

The Federal Inland Revenue Service (FIRS) has disclosed that it generated a total of N2, 529,615,174,601.25 from various taxes from January to June this year. A statement issued by the Director, Information of the Federal Ministry of Finance, Mr. Hassan Dodo, on the agency’s revenue collections during the period under review indicated that the amount […]

FG directs MDAs on Tax Clearance Certificates’ verification

The Federal Government has directed all Ministries, Departments and Agencies (MDAs) of government and the Federal Inland Revenue Service (FIRS) to ensure that all Tax Clearance Certificates (TCCs) presented by companies and individuals engaged in public procurement processes were authenticated before paying them. The directive is in response to the proliferation of forged TCCs purportedly […]

FG recovers N30bn from VAIDS, targets 40m taxpayers by 2019

The Chairman of the Federal Inland Revenue Service (FIRS), Tunde Fowler, today disclosed that N30 billion had been recovered under the Voluntary Assets and Income Declaration Scheme (VAIDS) from individuals and organizations so far. Fowler gave this hint at the unveiling of the VAIDS Declaration Certificate in Abuja. According to him, while the FIRS collected […]