Tag: Federal Inland Revenue Service (FIRS)

FIRS generated N4.9tr in 2020, 98% tax target

Posted by - January 20, 2021

Despite the scorching economic climate of last year, the Federal Inland Revenue Service (FIRS) recently disclosed that it collected N4. 95trillion total tax revenue. The feat represented approximately 98 per cent of the national tax target of N5.076 trillion set for the FIRS by the Federal Government. This was disclosed by its Executive Chairman, Mr.

Fowler says Taxation is Key in Infrastructure Financing

Posted by - May 22, 2019

Federal Inland Revenue Service (FIRS) Chairman Mr. Babatunde Folwer, has stated that revenues generated through taxation and borrowing would play a key role in supporting State Governments to finance their expenditure infrastructure and social services. The FIRS Boss revealed this recently at the Maiden Edition of the Nigeria Corporate Services with theme: ‘Building A Sustainable