Northern Governors Reject Derivation-Based VAT Distribution Model, Urge National Assembly Opposition
The Northern Governors Forum, led by Gombe State Governor Muhammed Inuwa Yahaya, has firmly rejected the proposed derivation-based model for ...
Tag: FIRS
Nigeria Launches Creative Economy Fund to Boost IP Financing and Empower Young Creatives
The Federal Executive Council (FEC) has approved Nigeria’s Creative Economy Development Fund (CEDF) and an Intellectual Property (IP) monetisation pilot, ...
FIRS Launches Recruitment Drive for Young Graduates as Tax Officers
The Federal Inland Revenue Service (FIRS) has announced a recruitment exercise to hire young graduates for the positions of Tax ...
House Speaker Sets 3 Weeks Deadline to Address Double Taxation for Low-Income Nigerians
The Speaker of the House of Representatives, Rep. Tajudeen Abbas, has mandated a three-week deadline for the Committees on Finance ...
Nigeria Cuts Drug Prices with Zero VAT on Pharmaceuticals and Medical Devices
The Federal Government of Nigeria has officially implemented a zero Value Added Tax (VAT) on pharmaceutical products and medical devices ...
Federal Government Reaffirms Commitment to Boosting MSMEs with Tax Incentive
The Federal Government of Nigeria has pledged continued support for micro, small, and medium enterprises (MSMEs) by providing tax incentives ...
Aso Multi Media Partners with FIRS to Launch South West Youth Empowerment Program
Aso Multi-Media, a group dedicated to the gainful empowerment of Nigerian youths, has partnered with the Federal Inland Revenue Service ...
FIRS Announces Waiver on Accrued Penalties and Interests for Outstanding Tax
The Federal Inland Revenue Service (FIRS) has introduced a significant relief measure, declaring a complete waiver on accumulated penalties and ...
Major MSME-Focused Initiative to Impact 1.3 Million Entrepreneurs Across 17 States and FCT Unveiled
A significant collaboration of MSME partners is set to roll out extensive interventions targeting over 1.3 million entrepreneurs across 17 ...
Tax Expert Urges Government to Create Tax Awareness to Prevent Abuse of VAT Initiative for Traders
Lagos, Nigeria - Taiwo Oyedele, Africa tax leader at PricewaterhouseCoopers (PWC), has called on the federal government to prioritize tax ...
