Umahi replies FIRS, says Tinubu not against tax credit The Minister of Works, David Umahi, has stated that President Bola Tinubu is not opposed to the use of taxes from companies to fund road projects. He said the scheme, which is under the Road Infrastructure Development and Refurbishment Investment Tax[Read More…]
NACCIMA urges FG to Refrain from Merging FIRS, NIMASA, NCS The Nigerian Association of Chambers of Commerce, Industry, Mines, and Agriculture (NACCIMA) has urged the Federal Government to refrain from implementing its proposed merger of the Federal Inland Revenue Service (FIRS), Nigerian Maritime Administration and Safety Agency (NIMASA) and[Read More…]
A total N12.7 trillion revenue was generated by the Federal Inland Revenue Service (FIRS) and the Nigeria Customs Service (NCS) in 2022, a 46.8 per cent increase year-on-year (YoY) from N8.7 trillion they both collected in 2021. National Bureau of Statistics (NBS) data shows government agencies, including Nigerian Upstream Petroleum[Read More…]
