RMAFC, FIRS launch revenue recovery drive

Barbara Bako, Abuja. The Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) has inaugurated a team of consultants to lead a nationwide revenue recovery drive aimed at curbing leakages and improving…

Edun, Cardoso, Adedeji unite on economic agenda

Barbara Bako, Abuja. The Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, held a strategic meeting with the Governor of the Central Bank of Nigeria (CBN),…

Customs, FIRS, NSW partner to boost trade reform

The Nigeria Customs Service (NCS) is stepping up its role in driving the Federal Government’s trade reform agenda through enhanced collaboration with the Federal Inland Revenue Service (FIRS) and the…

Revenue leakages persist despite tech tools, FIRS boss warns

Barbara Bako, Abuja. Despite major investments in digital tax tools like GIFMIS and TaxPro MAX, significant lapses in tax compliance by Ministries, Departments, and Agencies (MDAs) continue to result in…

FG sets N25.2tr revenue goal for FIRS in 2025.

Barbara Bako, Abuja. Building on its remarkable performance in 2024, the Federal Inland Revenue Service (FIRS) has been entrusted by the federal government to generate N25.2 trillion in 2025. The…

Tax Reform Bills set for passage as Senate, FIRS clear key hurdles

The Senate is getting set to pass the tax reform bills, as key stakeholders near consensus on previously contentious issues. This is just as the voices against the bills, especially…