August 4, 2025

Revenue Losses

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

Read More