Federal Inland Revenue Service (FIRS)

The Federal Inland Revenue Service (FIRS) collected the sum of N4,952,243,711,728.37 total tax revenue in 2020. This landmark achievement represents approximately 98% of the national tax target of N5.076 trillion set for the FIRS by the…

In a bid to stem illicit financial flow out of Nigeria and improve tax compliance rate in the country, the Federal Inland Revenue Service (FIRS) created 35 additional Tax Audit Units in the country last year. The Executive…