FIRS

Top 5 Stories Of The Day | NNPC Begins Operation of Port Harcourt Refinery, Operates at 70% Capacity

November 27, 2024

Top 5 Stories Of The Day | NNPC Begins Operation of Port Harcourt Refinery, Operates at 70% Capacity

Across Nigeria’s 36 states and the Federal Capital Territory, these are the five top Nigerian news stories you shouldn’t miss. NNPC begins operation of Port Harcourt Refinery, operates at 70% capacity The Nigerian National Petroleum Company (NNPC) has commenced operation on the rehabilitated Port Harcourt Refinery and is currently functioning at 70% capacity. The PH... Read More

Business, economy, Fintech, FIRS, inflation, information, INTEREST RATE, News, nlc, nnpc, Port Harcourt Refinery, Top 5 stories of the day

Top 5 Stories Of The Day | SSANU and NASU Threaten Indefinite Strike Once Again

September 19, 2024

Top 5 Stories Of The Day | SSANU and NASU Threaten Indefinite Strike Once Again

Across Nigeria’s 36 states and the Federal Capital Territory, these are the five top Nigerian news stories you shouldn’t miss. SSANU and NASU threaten indefinite strike once again For the second time this year, the Senior Staff Association of Nigerian Universities (SSANU) and Non-Academic Staff Union of Educational and Associated Institutions (NASU) announced they will... Read More

economy, FIRS, Ibadan airport, information, jail, minimum wage, Politics, SSANU and NASU strike

Uber Driver

August 12, 2020

Uber, Bolt drivers to pay 10% service tax on each passenger transaction | 5 Things That Should Matter Today

Lagos Ministry of Transportation has released regulatory documents for operators of e-Hailing Taxi Services entitled ‘Guidelines For On-line Hailing Business Operation Of Taxi In Lagos State.’ According to the new regulations, all ride-hailing services like Uber and Bolt must pay the State Government 10% service tax on each transaction made by the passengers to the... Read More

200 ventilators, Bolanle Ogunlola, donald trump, Dr Osagie Ehanire, FIRS, Mr. Muhammad Nami, NCDC, neco, President Muhammadu Buhari

NIPOST

NIPOST, FIRS fight dirty on Twitter, calls on general public for rescue | The #YNaijaCover

The Federal Inland Revenue Service (FIRS) has denied depriving the Nigeria Postal Service (NIPOST), of discharging its duties. This was disclosed in a statement signed by the agency’s spokesperson, Abdullahi Ahmad, on Tuesday. The chairman of the NIPOST, Maimuna Abubakar, in a series of tweets, accused the FIRS of stealing the mandate of NIPOST. She... Read More

cover, FIRS, NIPOST

NIPOST

NIPOST bringing its feud with FIRS to the Twitter arbitration court is the strangest thing to happen this week

Just last week, The Nigerian Postal Service (NIPOST) was in the news for imposing new licensing fees on courier services in the country. The new licensing fees were soundly rebuked by Nigerians who seemed tired of the Nigerian government’s attempts to throttle independent businesses by imposing licensing fees as well as other charges for competitors... Read More

Counter Culture Blog

FIRS, Maimuna Abubakar, NIPOST

U.S Court dismisses fraud case against Woodberry | 5 Things That Should Matter Today

A United States Court has dismissed the fraud case levied against Olalekan Jacob Ponle, popularly known as Woodberry. The Nigerian socialite alongside Raymond Igbalode Abbas commonly known as Hushpuppi were arrested in the United Arab Emirates on accusations of a multi-million dollar wire fraud after a raid by operatives of the Dubai Crime Unit and... Read More

Alex Ekubo, Amen Imasuen, Dr. Wasiu Olatubosun, FIRS, Gbadamasi Jonathan, Gregory Ojefua, John Lausch, Kevin Ikeduba, Lancelot Imasuen, Linda Osifo, Mr Olalekan Ponle, Mr. Abdullahi Ismaila Ahmad, President Muhammadu Buhari, Ramon Abbas, Robert W. Gettleman, Son of Mercy, Woodberry

FIRS releases new episode of Taxation Series, ‘Double Wahala’ | The #YNaijaCover

The Federal Inland Revenue Service on today announced that property owners and agents have been ordered to charge 6% Stamp Duty and remit back to the FIRS. FIRS Director of Communications and Liason Department, Abdullahi Ahmad told the News Agency of Nigeria that the levy applies to all tenancy and lease agreements entered into by... Read More

FIRS, YNaija Cover

Reactions trail FIRS directive to landlords and property agents to charge tenants 6% stamp duty

Nigerians on Twitter are this Thursday discussing the latest announcement by the Federal Internal Revenue Service (FIRS), directing landlords and property agents to charge six percent stamp duty on all tenancy as well as lease agreements and remit same to the service “so that they do not run foul of the Stamp Duty Act.” The... Read More

FIRS, nigerians

Davido

August 23, 2019

Davido, a name you’d never never expect to show up on a list beside The Assemblies of God

In the list of things that are fairly obvious but you would have never think to predict, is Davido’s music label DMW world arraigned in a public list alongside Hubmart Stores and The Assemblies of God Church in Nigeria. They were all part of a comprehensive list the Federal Inland Revenue Service (FIRS) published about... Read More

Counter Culture Blog

assemblies of God, Davido, FIRS

September 24, 2018

The Big 5: NASS postpones resumption, #OsunDecides: Seek the court’s interpretation on INEC’s verdict – Saraki to Adeleke | More stories

These are the stories you should be monitoring today: The National Assembly late Sunday shifted the date for resumption from its annual recess from September 25 to October 9. According to its Clerk, Mohammed Omolori, who announced this on Sunday,the shift in date is occasioned by the primary elections of the various political parties. “This... Read More

Featured, The News Blog

Ademola Adeleke, APC, Babatunde Fowler, Bukola Saraki, FIRS, INEC, PDP, Yekini Nabena

September 10, 2018

The YNaija Cover – the 10th of September

Follow the links to read the stories and analyses on YNaija: Teebillz’s endless obsession with Tiwa Savage is peak male entitlement #YNaijaEssays: Will Nigerian entertainment ever grow up?

Cover Stories, Featured

FIRS, TeeBillz, tiwa savage, wizkid, YNaija Cover

December 8, 2017

VAIDS rakes in N17bn – FIRS

No less than N17 billion has been recovered in taxes from those who have voluntarily declared their tax liabilities, through the Voluntary Assets and Income Declaration Scheme (VAIDS), the Federal Inland Revenue Service (FIRS) said. FIRS Executive Chairman Tunde Fowler said the N17 billion came from about 500 firms; N6 billion is expected from Nigerians who... Read More

FIRS, Tax liabilities, VAIDS

September 9, 2017

31,000 police officers to be recruited; $2bn spent on IDPs | The 5 numbers that mattered this week

31,000 – The Inspector General of Police, Ibrahim Idris has said that the Nigerian Police Force would recruit this number of officers annually to solve the problem of shortage in the force. 223 – The number of people that have been killed in Boko Haram attacks in North-East Nigeria between April and now, according to... Read More

Featured, The News Blog

boko haram, Borno State, FIRS, Ibrahim Idris, Police Force, SEMA, stella oduah

September 5, 2017

FIRS generates N2.11trn tax revenue in 7 months – Report

The Federal Inland Revenue Service (FIRS), generated the sum of N2.11 trillion as revenue from January to July this year – through tax collection. This is contained in a progress report of the FIRS for the period under review obtained by the News Agency of Nigeria (NAN) on Monday, showing the revenue performance and impact of the new... Read More

Federal Inland Revenue Service, FIRS, Tax

August 10, 2017

[The Activism Blog] The nepotism in Buhari’s government is sickening

A Twitter user and regular public commentator @ogbenidipo has cried out in reaction to the level of nepotism in the Muhammadu Buhari-led Government. In his tweets, he highlighted that the CBN, DSS, FIRS and other government agencies, in their recruitment process, only favour ‘family and friends’, therefore contravening the federal character. https://twitter.com/OgbeniDipo/status/895024593446068228 https://twitter.com/OgbeniDipo/status/895025092681486336 https://twitter.com/OgbeniDipo/status/895025509654040576 Another... Read More

Counter Culture Blog

APC, CBN, DSS, FIRS, Muhammadu Buhari, nepotism in government

Reps to probe 5-day-old company awarded multi-billion naira contract

The House of Representatives committee on public procurement has said yesterday that it would probe and unveil owners of a five-day-old company that was awarded the contract for deployment of revenue monitoring solutions on telecommunication companies from Federal Inland Revenue Service (FIRS). Chairman of the committee, Oluwole Oke, expressed displeasure over the failure of Chairman... Read More

CAC, FIRS, House of Reps

The Big 5: These are the stories you should be monitoring today

by Dolapo Adelana 1. FG will revoke licenses of some oil refineries – Kachikwu The minister of state for petroleum, Dr. Ibe Kachikwu says the Federal Government will withdraw licenses of private oil refineries that are yet to be utilised. 2. Meet Sheila Miyoshi Jager, the woman who rejected Barack Obama’s marriage proposal TWICE Sheila Miyoshi Jager, currently... Read More

Featured, The News Blog

barack obama, EFCC, FIRS, Ibe Kachikwu, Ike Ekweremdau, michelle obama, Oil licenses, Oil refineries, Patience Jonathan, Rabiu Kwankwaso, Sheila Miyoshi Jager, The YNaija Tracklist

The YNaija Tracklist: FIRS officials attacked by militants at Patience Jonathan’s hotel | FG will revoke licenses of some oil refineries – Kachikwu | More stories

by Dolapo Adelana From the papers this morning – a Tracklist. FG will revoke licenses of some oil refineries – Kachikwu – YNaija ‘Police raids Kwankwaso’s Kano residence’ – YNaija Meet Sheila Miyoshi Jager, the woman who rejected Barack Obama’s marriage proposal TWICE – YNaija You have nothing to fear if you were not involved... Read More

Featured, The News Blog

barack obama, EFCC, FIRS, Ibe Kachikwu, Ike Ekweremdau, michelle obama, Oil licenses, Oil refineries, Patience Jonathan, Rabiu Kwankwaso, Sheila Miyoshi Jager, The YNaija Tracklist

FIRS officials attacked by militants at Patience Jonathan’s hotel

by Dolapo Adelana Over 50 persons suspected to be militants on Wednesday attacked officials of the Federal Inland Revenue Service (FIRS) at Aridolf Resort Wellness & Spa in Yenagoa, Bayelsa state, The Cable reports. The tax officials had gone to the hotel owned by former first lady, Patience Jonathan, in respect of tax liabilities of over N10 million.but were... Read More

Attack, FIRS, hotel, Patience Jonathan, Tax liability

FIRS to introduce electronic tax clearance certificate

by Azeez Adeniyi The Federal Inland Revenue Service (FIRS) has said it would soon introduce electronic Tax Clearance Certificate (TCC) system. Director ICT, FIRS, Kola Okunola said this in a presentation at the ongoing training by Journalism.com Ltd., in collaboration with FIRS on Thursday in Abuja. He said the system was already undergoing user’s acceptance... Read More

electronic verification, FIRS, implement, Tax

November 10, 2016

Senate rejects FIRS budget again over loopholes

The Senate on Thursday rejected the report of its Finance Committee on the 2016 budget of the Federal Inland Revenue Service (FIRS). The Senate had on July rejected the report. Senate President, Bukola Saraki and some other senators rejected the report again stating that there were loopholes and fake items contained in it. Senator Mohammed Hassan... Read More

budget, FIRS, senate

November 2, 2016

FIRS receives 700,000 applications for 500 jobs

The Federal Inland Revenue Service (FIRS) says it received about 700,000 applications for the 500 jobs it advertised. Chairman of the Service, Babatunde Fowler made the disclosure on Wednesday when he appeared before the House of Representatives committee on Public Petition. Fowler’s appearance followed a petition by some of the applicants who claimed they were excluded from... Read More

500 jobs, 700000 applications, Babatunde Fowler, FIRS, Recruitment

September 26, 2016

Opinion: 3 tech products we need built in Nigeria

A few weeks ago Mark Zuckerberg came Nigeria sightseeing and checking up on his investments (Andela and the millions of the ‘un-facebooked’ citizens of Nigeria). It was a good opportunity to showcase tech solutions being built here via Cc-Hub and his meetings with entrepreneurs. He even got to see a Demo Day at the Presidential... Read More

cchub, FIRS, mark zuckerberg, nigeria, Tax, technology, Toy store

September 25, 2016

Moses Ochonu: Buhari’s problem is unhealthy personal loyalty

Buhari’s problem can be summed up in two words: personal loyalty. He is loyal to a fault to those who are loyal or allied to him. He rewards loyalty with unquestioning loyalty. That is a potentially fatal flaw of leadership. His appointees know this weakness of his. They know that he is too loyal to... Read More

Bbachir Lawal, budget paddingPresident Buhari, Buratai, CBN, corruption, FIRS, nigeria, obama, plagiarism, trump

August 16, 2016

N715m tax debt: FIRS seals 4 firms

The Federal Inland Revenue Service on Monday said it had sealed some companies over unremitted taxes running into N715m. In a statement, FIRS revealed that the sealed companies were located at Lagos, Abuja and Asaba, Delta State. It identified the companies as Urban Shelter Limited in Abuja, Venro Energy Limited in Lagos, Enegas in Lagos... Read More

Federal Inland Revenue Service, FIRS, N715m tax debt, Taxes

Merge MDAs to reduce costs – Obasanjo

Former President Olusegun Obasanjo, on Tuesday, advised the 36 state governors to consider merging redundant and ineffective Ministries, Departments and Agencies with viable ones to reduce the cost of governance in their domains. Obasanjo said this when he received the Chairman, Joint Tax Board and Federal Inland Revenue Service, Dr. Babatunde Fowler, to his Hilltop... Read More

Babatunde Fowler, FIRS, MDAs, merge, Obasanjo, Taxes

Picture of Nigeria in Turbulence

Saatah Nubari: WE will take back our country from THEM in 2019… get ready

by Saatah Nubari I rented an apartment about a week ago and the compound had a big generator house—that was part of the building plan—where tenants kept their generators. The owner of the compound had already done the generator connections for every flat, so all I had to do was to search the generator house... Read More

BET Awards, central bank of Nigeria, diepreye alamieyeseigha, employment, FIRS, infrastructure, Jesse Williams, Muhammadu Buhari, N-Power, nigeria, Politics, poverty, somalia, William Ryan, youwin

FIRS goes after tax evaders

The Federal Inland Revenue Service has revealed that it would be focusing on recovering taxes owed by airlines, banks and communication companies this quarter of the year. This was disclosed by the service’s Executive Chairman, Tunde Fowler, Thursday, July 14 in an interview with NAN at the National Revenue Retreat, organized by the Federal Ministry... Read More

airlines, FIRS, tax debts, telecommunication companies, Tunde Fowler, Unpaid taxes

Opinion: Over-employed civil servants and the siege at the Ministry of Finance

By Tonnie Iredia Last week, the Federal Ministry of Finance was effectively blocked for at least 3days from performing any of its duties. The act was carried out by the Ministry’s workers who were protesting the non-payment of what they called Special overtime allowances “due” to them. What greatly infuriated the workers was that the... Read More

adeosun, civil servants, Finance, FIRS, ministry, prtest

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