Property valuation not backed by any law or within FIRS mandate—-OPS stresses
Indications have emerged showing that the ongoing aggressive moves by the Federal Inland Revenue Service (FIRS) to raise money for the federal government from taxation are beginning to veer out the extant laws in Nigeria. Discoveries by members of the…
Does FIRS’s no-hiding-place for tax evaders include Fulani herdsmen?
Several development analysts have started looking at the real economic values of Fulani herdsmen to the economy when their havocs to the stability of the polity are put on the front burner. Tax experts who spoke to our correspondent on…
VAIDS, tax amnesty deal to yield a total of N23bn in 6 months—Fowler
The Executive Chairman of the Federal Inland Revenue Service (FIRS), Mr. Babatunde Fowler has revealed that the Voluntary Assets and Income Declaration Scheme (VAIDS), a tax amnesty programme introduced to encourage defaulting tax payers regularize their tax records without recourse…
Shippers’ Council mocks NPA, other agencies, gives award to INTELS
At a time about four Federal Government agencies are tactically working on INTELS Nigeria Limited, a logistics firm linked to former Vice president, Atiku Abubakar, to do the needful while carrying out its business, the Nigerian Shippers’ Council (NSC), has…
Non-receipt of VAIDS letter doesn’t mean FG didn’t identify tax evaders—Adeosun
As the Federal Inland Revenue Service (FIRS) began to dispatch letters of tax notice to listed 500 prominent Nigerians with property and trusts abroad, on Monday, the Minister of Finance, Mrs. Kemi Adeosun has made it clear that those in…
FG killing Free Zones concept in Onne, 16 firms leave
More industry players are still looking at the emerging after effects of government’s onslaught on Intels Nigeria Limited, core concessionaire of Onne Free Trade Zone, in Rivers State. Already, some of the 16 companies that have decided to exit the…
4th FG’s agency, NIS joins in war against Atiku’s Intels, revokes expatriates permits
The Comptroller-General of Nigeria Immigration Service (NIS), Muhammad Babandede, on Wednesday, announced the revocation of residence permits of expatriate workers in Intels Nigeria Limited and five other international companies operating in Nigeria. Aside Intels, other firms affected by the directive…
NDYC, analysts seek end to agencies’ offensive on Intels
More business and social bodies are beginning to wade into the observed serial attacks on Intels Nigeria Limited, concessionaire of Onne Free Zone with interests in other port facilities in Nigeria. In the last one month, the company has come…
CAC, FIRS achieve electronic stamping of company registration document
The new level of collaboration between the Corporate Affairs Commission (CAC) and the Federal Inland Revenue Service (FIRS), has lead to the realization of the rare goal of electronic stamping of company registration documents. This was revealed by the Registrar-General…
States’ One-Stop-Shop for MSMEs to stimulate economy—FG
The federal Government has explained the rationale behind the move to launch One-Stop-Shop for MSMEs across the state beginning with seven states, saying the idea is to deepen the growth of the sub sector which is key to economy stability….
