Power distribution companies on Thursday said it was incorrect for an executive of PriceWaterhouseCoopers to claim that no Disco had paid any tax since the power sector was privatised since 2013. Speaking under the aegis of the Association of Nigerian Electricity Distributors, the umbrella body of Discos, the power firms stated that they had been […]
The President, Association of National Accountants of Nigeria, Prof. Muhammad Mainoma, says the association has started engaging the Financial Reporting Council of Nigeria and other relevant agencies to strengthen regulatory governance in financial reporting process in the country. He disclosed this in his welcome address at the 24th Annual National Conference of ANAN which opened
Financial reporting: ANAN, FRC boost regulatory governance Read More »
Timi Frank, political activist and former Deputy Publicity Secretary of the All Progressives Congress (APC), has dared the Federal Island Revenue Service (FIRS) to go to court, telling it to bury its face in shame over alleged corruption being perpetrated there. The activist had on Monday linked the agency with a N90 billion election fund
Amongst other factors, the global dip in oil prices and the resulting economic recession in Nigeria resulted in an increased focus on revenue generation through taxation in Nigeria. Following the mandate by the Federal Government, the Federal Inland Revenue Service (FIRS) intensified its drive for tax collection and has so far reported giant strides in
Nigeria’s Unchanging Tax To GDP Ratio: An Instructive Appraisal Read More »
The Vanguard news one of the nations leading news paper, has retracted a story and also apologised to the vice president over a story published on their website. The retraction and apology story reads. On our website publication of Monday, September 23, 2019, we published a story titled “N90 Bn FIRS Election Fund: Osinbajo’s problem,
Vanguard retracts 90BN FIRS story against vice president Read More »
Babatunde Fowler, chairman of the Federal Inland Revenue Service (FIRS), says taxation is the country’s lifeline for economic development. Fowler made this known on Tuesday night in Abuja at the investiture of Kudirat Abdul-Hamid as the third national chairperson of Society of Women in Taxation (SWIT). Fowler was represented by Abiodun Aina, an official of
Grants and loans are NOT reliable revenue sources — taxes are Read More »
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