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Non-oil revenue outperforms oil as FIRS vows to track low remittances with technology

THE Federal Inland Revenue Service (FIRS) said it would henceforth monitor production volumes of multinational and indigenous oil companies with technology to enable it...

Tax expert urges FG, states to dialogue VAT sharing formula

A TAX expert has urged Nigeria's Federal Government and states to dialogue a value added tax (VAT) sharing formula, saying that rulings by Court...

FIRS should continue to collect, redistribute VAT to states -Umahi

EBONYI State Governor David Umahi has said that the Federal Inland Revenue Service (FIRS) should keep collecting value added tax (VAT) and be redistributing...
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Lagos joins Rivers as co-defendant in FIRS appeal against VAT judgement

THE Lagos State Government has joined Rivers State as a co-defendant in an appeal by the Federal Inland Revenue Service (FIRS) against the power...

Expert cautions Wike against using Rivers’ task force to collect VAT

A Public Affairs Analyst and Lawyer Liborous Oshoma has urged Rivers State Governor Nyesom Wike to avoid using the state task force to collect...

VAT: FIRS war with states sends wrong signals to investors – Analysts

THE current face-off between the Federal Inland Revenue Service (FIRS) and state governments of Lagos and Rivers is sending wrong signals to investors on...
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Why VAT can’t work in states – FIRS

THE Federal Inland Revenue Service (FIRS) has said that it will be impossible to operate value-added tax (VAT) in states or at the sub-national...

Wike accuses FG of attempting to amend VAT law through backdoor

RIVERS State Governor Nyesom Wike has accused the Federal Government of trying to amend the constitution through the back door. Wike said in a statement...

Recent

Tinubu support group rejects consensus candidate, calls for indirect primary

TINUBU Media Team, a support group for former Lagos State governor Bola Tinubu, has rejected calls for the adoption...

Makoko residents reject planned demolition of their community

RESIDENTS of Makoko, Oko-Agbon and Sogunro in the Lagos Mainland Local Government, Lagos State, have resisted the planned demolition...

FG suspends Accountant-General over alleged N80 billion fraud

THE Federal Government has suspended the Accountant-General of the Federation Ahmed Idris over his alleged involvement in an N80...

APC reschedules presidential primary election

THE All Progressives Congress (APC), has said its presidential primary election has been rescheduled to hold on May 29,...

Tax payment: FAAC, FIRS rank NNPC high despite zero FAAC remittance

The Nigerian National Petroleum Company (NNPC) has failed to remit money to the federation account despite posting high remittances...
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