The Federal Inland Revenue Service (FIRS) has entered into a major cooperation agreement with the French government to modernise Nigeria’s tax administration through digital innovation, capacity development and enhanced cross-border tax enforcement. The pact, signed in Abuja by FIRS Chairman Zacch Adedeji and French Ambassador Marc Fonbaustier, comes ahead of Nigeria’s transition from FIRS to…
Federal Inland Revenue Service (FIRS) has achieved a record-breaking tax collection of N47.39 trillion from October 2023 to September 2025 under the leadership of Chairman Zacch Adedeji, appointed by President Bola Tinubu. This amount exceeded the revenue target by 15%, driven by growth in both oil and non-oil revenues, reflecting successful tax reforms and…
Nigerian government has approved a plan to reduce revenue shares retained by key revenue-generating agencies, a decision made during the Federal Executive Council meeting led by President Bola Tinubu. Finance Minister Wale Edun explained that the aim is to increase public savings, curb excess spending, and promote economic growth. The review targets agencies such…