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FIRS

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...
Harrison Edeh -

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...
Marcus Fatunmole -

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...
Vincent Ufuoma -
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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...
Vincent Ufuoma -

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...
Marcus Fatunmole -

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...
Harrison Edeh -
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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...
Ijeoma OPARA -

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...
Vincent Ufuoma -
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