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The Senate Committee on Finance, yesterday rejected the idea by the Federal Inland Revenue Service FIRS to appropriate the sum of N1.6 billion as welfare package for its new retirees in 2016. The, FIRS justified the idea by stating that the they are having an annual event to recognize its retired staff because they hadn’t been able to hold the event for the past 2 ...
April, 2016
November, 2015
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25 November
FIRS Eyes N4.5trillion Revenue in 2016
The Federal Inland Revenue Service, FIRS, is aiming at a revenue profile of N4.5trillion in 2016 to raise the country’s cash reserve. The Acting Executive Chairman Babatunde William Fowler, who disclosed this to senators on Tuesday, November 24, spoke during his screening for confirmation on the substantive tax matter. Fowler noted that the revenue from the country’s Value Added Tax (VAT) would ...
