The Executive Chairman of the Federal Inland Revenue Service (FIRS) Muhammad Nami has called on professional bodies in the regulation of tax practice to lead conversations on matters of tax policy and tax laws in the country. Mr. Muhammad Nami made the call yesterday while hosting a meeting of the …
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FIRS To Commence Recovery of Unremitted Tax Deductions By States, Local Governments
The Federal Inland Revenue Service (FIRS) has stated that it will commence the process of enforcement and recovery of unremitted tax deductions owed by some States and Local Governments in Nigeria. This decision is contained in a Public Notice, signed by its Executive Chairman, Muhammad Nami, where the tax authority …
Read More »Group Commend FIRS Chairman, Nami On Fiscal Prudence And Improved Staff Welfare
The Executive Chairman of the Federal Inland Revenue Service, (FIRS) has received encomiums from the Global Economic Policy Initiative (GEPIn) for what the group describes as “fiscal prudence over the affairs of the FIRS, and ensuring maximum efficiency with minimal resources.” In a statement shared to the media by the …
Read More »FIRS Launches Self-Service Stations in Its Tax Offices
To increase voluntary tax compliance, the management of the Federal Inland Revenue Service (FIRS) has introduced “Self-Service Stations” where taxpayers can file tax returns, pay taxes, apply for and validate Tax Clearance Certificates among other services, by themselves on online platforms located in FIRS tax offices across the country. This …
Read More »Nami charges the Media to make Taxation a Social Responsibility Issue
The Executive Chairman of the Federal Inland Revenue Service (FIRS), Muhammad Nami has implored the media in Nigeria to make taxation a social responsibility issue. Mr. Nami said this yesterday at a media colloquium and public presentation of a book titled, The Spokesman, written by a journalist, Kelechi Okoronkwo. Nami …
Read More »FIRS’ HUGE TAKINGS, ANOTHER GAIN OF BUHARINOMICS, says BMO
The Buhari Media Organisation (BMO) has hailed the Federal inland Revenue Service (FIRS) for effectively using technology to improve its productivity and exceed its 2021 collection target of N6.04trn despite global economic challenges. BMO said in a statement signed by its Chairman, Niyi Akinsiju, and Secretary, Cassidy Madueke that it …
Read More »2021 Performance: “We Achieved Over 100% Of Our Target”, says FIRS
The Federal Inland Revenue Service (FIRS) has stated that it achieved over a hundred percent of its collection target for the year 2021, despite the global economic challenges occasioned by the Coronavirus pandemic, as well as the disruption of business activities in 2020 by nationwide protests. “Notwithstanding the limitations faced …
Read More »‘Why we developed DMBS’ – FIRS
The Federal Inland Revenue Service (FIRS) has disclosed why it developed a portal called Deposit Money Banks (DMBs). It said this was done as part of efforts to provide information of corporate customers’ transactions above ₦10 million and individuals above ₦5 million and this initiative was awarded the International Standard Organization …
Read More »REFORMS AND RESULTS: EXPORTING A SUCCESS STORY TO THE COMMONWEALTH
At about 11 am, on Friday, November 12, 2021, there was a buzz among tax aficionados: Muhammad Nami, the Federal Inland Revenue Service (FIRS) boss had been elected the President of the Commonwealth Association of Tax Administrators (CATA). He is the first Nigerian in the history of CATA to be …
Read More »Assessing Nami’s Two Years At The Helm Of The Federal Inland Revenue Service
By Bernard Okri In the second week of December 2019, when President Muhammadu Buhari announced the nomination of a certain Muhammad Nami to be the forerunner of the Federal Inland Revenue Service, many were taken by surprise. Known very well to the staff of the FIRS, who he met during …
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