August 7, 2025

FIRS

General

FIRS Inaugurates E-Invoicing Committee to Enhance Tax Administration

On Tuesday, April 29, 2025, the Federal Inland Revenue Service (FIRS) officially inaugurated its E-Invoicing Committee at its Headquarters in Abuja, marking a significant milestone in the country’s tax administration reforms. The event, which brought together key stakeholders from the tax and business sectors, featured a comprehensive presentation outlining the strategic roadmap and milestones for

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Business

FIRS Attributes Revenue Losses to Poor Data Quality and Calls for Enhanced Collaboration

The Federal Inland Revenue Service (FIRS) has identified poor data quality and inadequate information sharing among government agencies as major factors contributing to significant revenue losses. While FIRS recorded a commendable ₦21.6 trillion in revenue collection for 2024 and set an ambitious target of ₦25.2 trillion for 2025, the agency acknowledges that gaps in data

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