Author name: InnerKonsult

Senate confirms Nami, 13 others as FIRS board members

The Senate on Wednesday confirmed the nomination of Muhammad Nami and 13 others as Executive Chairman and board members of the Federal Inland Revenue Services (FIRS). The confirmation of followed a report of the Committee on Finance and consideration of same at the Senate Committee of the Whole. President Muhammadu Buhari had forwarded the list […]

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FIRS to Begin Crackdown on Tax Defaulters Today

In a statement released on Tuesday by Wahab Gbadamosi, FIRS’ head of communication and servicom, the tax agency advised tax defaulters to pay up. The statement quoted Abiodun Aina, acting executive chairman of FIRS, urged defaulters to settle their tax liabilities to avoid any inconveniences or interruptions in their operations. “The FIRS hereby informs all

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Senate confirms Nami as FIRS Chairman

TheSenate on Wednesday confirmed Muhammad Mamman Nami as Executive Chairman of the Federal Inland Revenue Service (FIRS) The confirmation followed a satisfactory report by the Senate Committee Chairman on Finance, Senator Olamilekan Solomon Adeola which was presented to the plenary. Other nominees of President Buhari who were confirmed representing the various zones of the country

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FIRS Finally Speaks On How Buhari and Osinbajo Campaign Was Funded

Buhari and Osinbajo Campaign The Federal Inland Revenue Services, FIRS, has once again nullified to claims by former spokesperson of the All Progressives Congress, APC, Timi Frank, that it supported the party’s political campaign with the sum of N40bn. Naija News recalls that the party spokesman had earlier accused FIRS of supporting APC campaigns with the sum of

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FIRS attempts to bail Fowler out, denies giving N40bn for APC campaign

The Federal Inland Revenue Services (FIRS) has denied allegations that it gave out N40 billion to be used as campaign funds to the ruling All Progressives Congress (APC). The tax revenue organisation in a statement on Monday, lamented that the reports of fraud involving various amounts it allegedly released were false. The denial is coming

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Rwanda Becomes The First Country To Remove Tax on Sanitary Pads

Rwanda has become the first country to scrap the tax on sanitary pads. The move, according to Rwandan authorities, intends to create a favorable environment for poor female students who are often forced to skip school during their periods. A pack of ten sanitary pads currently goes for around 1,000 Rwandan Francs ($1.07). The products

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Muhammad Nami, a tax consultant, heads Nigeria’s FIRS

President Muhammadu Buhari on Monday nominated a renowned tax consultant, Muhammad Nami, as the new chairman of the Federal Inland Revenue Service (FIRS). Mr Buhari also named a new board for the tax agency. The board is composed of a member representing each of the six geographical zones and statutory representatives from a select number

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CAC delists 40,000 dormant registered companies

The Corporate Affairs Commission (CAC) says it has delisted 40,000 registered companies that have not recorded any activity. Azuka Azinge, CAC’s acting registrar-general, made this known in Abuja on Wednesday while briefing journalists on the activities of the commission between October 2017 and October 2019.    “We have succeeded to clean up our registration records by

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Stransact Nigeria Joins International Accounting Group

Stransact Partners and Stransact Audit (Stransact), an auditing and tax services firms, were recently admitted as members of The International Accounting Group (TIAG), an international alliance of independent accounting firms. Stransact would be the exclusive member of TIAG for Nigeria. According to a statement by Mr. Dele Aberuagba, a financial and management consultant, Stransact’s membership

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Oshodi traders lament parking space, multiple taxations

Some traders at the popular Oshodi Market on Thursday identified multiple taxations, the absence of parking space and threats by touts as some of the pressing challenges facing traders in the market. Traders in interviews with the News Agency of Nigeria at Oshodi said that these challenges were affecting their profit margin. Alhaji Tajudeen Lateef,

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