The legal battle between Rivers State and the Federal Inland Revenue Service over the collection of Value Added Tax have moved to the Supreme Court in Abuja. The Rivers State government wants the Supreme Court to overturn the ruling of the Abuja Division of the Court of Appeal, which ordered parties to return to the way things…
Governor Nyesom Wike has threatened to take over all offices of the Federal Inland Revenue Service in Rivers State. The governor spoke at a stakeholders’ meeting in Port Harcourt, the state capital, while addressing business owners in the state. Governor Wike told oil firms, construction companies and other business owners operating in the state to start remitting…
The Federal Inland Revenue Service has reported a revenue of four point nine-five trillion-naira last year. The FIRS says the among represents ninety-eight percent of its revenue target for 2020. In a message shared on its Twitter handle, the FIRS said it was prepared to do more this year, 2021.
Former Chairman of the Federal Inland Revenue Service, BABATUNDE FOWLER, has appeared before the Economic and Financial Crimes Commission. The EFCC invited FOWLER for interrogation over an alleged one hundred billion Naira tax evasion by a tax collecting company, Alpha Beta Consulting. The allegation was made in a petition to the EFCC in 2018 by a former…