• Latest
  • Trending
  • All
  • Politics
  • Economy
  • Security
  • Education
  • Sports
  • Health
  • Entertainment
  • Legal
  • Technology and Science
  • Opinion
  • Columns
  • Exposé
  • World
  • Lifestyle
Nigeria generates more revenue from non-oil tax sector- FIRS

Nigeria generates more revenue from non-oil tax sector- FIRS

5 years ago
Cameroon: President Biya Returns Home After 42 Days Absence

Cameroon: Aged Biya Fixes October 12 For Presidential Election

11 hours ago
Bangladesh Cancels The Use Of “Sir” To Address Female Office Holders

Bangladesh Cancels The Use Of “Sir” To Address Female Office Holders

13 hours ago
Kenya: Opposition Demands Ruto’s Resignation Over Police Order To “Shoot Legs” Of Protesters

Kenya: Opposition Demands Ruto’s Resignation Over Police Order To “Shoot Legs” Of Protesters

13 hours ago
Morocco Rescues 310 Europe-Bound Migrants

Illegal Migration: Senegalese Navy Intercepts 201 Migrants On Treacherous Atlantic Route To Europe

14 hours ago
Ghana Prepared To Fund Ukrainian Drone Manufacturing, Zelensky Claims

Ghana Prepared To Fund Ukrainian Drone Manufacturing, Zelensky Claims

14 hours ago
Saturday, July 12, 2025
  • About
  • Privacy Policy
Heritage Times
No Result
View All Result
Translate |
  • Login
  • Politics
    Cameroon: President Biya Returns Home After 42 Days Absence

    Cameroon: Aged Biya Fixes October 12 For Presidential Election

    Kenya: Ruto Appoints New Head Of Electoral Commission

    Kenya: Ruto Appoints New Head Of Electoral Commission

    Mali: Parliament Grants Coup Leader 5-Year Renewable Presidential Term Without Election

    Mali: Junta Leader Signs Law Allowing Him To Remain In Power Without Election

    Tunisia: 84-Year-Old Opposition Leader Slammed 14 Years Jail Term

    Tunisia: 84-Year-Old Opposition Leader Slammed 14 Years Jail Term

    Trump Threatens BRICS Nations With 10% Tariff Over “Anti-American Policies”

    Trump Threatens BRICS Nations With 10% Tariff Over “Anti-American Policies”

    Gabon’s Coup Leader and President Nguema Launches New Political Party

    Gabon’s Coup Leader And President Nguema Launches New Political Party

    Trump Demands Probe Of Subsidies Offered To Musk’s Firms

    After Fallout With Trump, Elon Musk Considers Floating Political Party

    Russia, China’s Presidents Absent As BRICS Summit Starts In Brazil

    Russia, China’s Presidents Absent As BRICS Summit Starts In Brazil

    Mali: Parliament Grants Coup Leader 5-Year Renewable Presidential Term Without Election

    Mali: Parliament Grants Coup Leader 5-Year Renewable Presidential Term Without Election

  • Economy
    Lesotho Declares State of Disaster Over Uncertainty Around US Tariffs

    Lesotho Declares State Of Disaster Over Uncertainty Around US Tariffs

    Goldman Sachs Appoints Former UK PM Rishi Sunak As Senior Adviser

    Goldman Sachs Appoints Former UK PM Rishi Sunak As Senior Adviser

    Social Media Posts To Determine Eligibility Of Immigrants To Get Visas — US

    US Embassy Mandates Nigerian Visa Applicants To Remove Privacy Settings On Social Media

    Ghana: Parliament Passes Provisional Budget To Avert Government Shutdown

    IMF Commends Ghana’s Economic Reforms, Debt Restructuring

    Namibia Suspends State Funerals Following Criticism Over High Costs

    Namibia Suspends State Funerals Following Criticism Over High Costs

    SA: Mineral Council Says Proposed Tax On Chrome Export Threatens Jobs

    SA: Mineral Council Says Proposed Tax On Chrome Export Threatens Jobs

    Senegal Moves To Reduce Reliance On Foreign Lenders, Targets Improved IGR

    Senegal Promises To Clear Undeclared Debt Incurred By Past Administration

    Nigerian Govt Set To Launch ‘Africans For Africa’ Mining Sector Fund

    Nigerian Govt Set To Launch ‘Africans For Africa’ Mining Sector Fund

    Kenya Mulls Privatisation Of Key Government Assets To Attract Investment

    Kenya Mulls Privatisation Of Key Government Assets To Attract Investment

  • Security
  • Education
  • Sports
  • Health
  • Metro
  • Entertainment
  • Lifestyle
  • Legal
  • Tech & Science
  • Opinion
  • Exposé
  • Exclusive Videos
  • Niger Delta
  • World
  • Politics
    Cameroon: President Biya Returns Home After 42 Days Absence

    Cameroon: Aged Biya Fixes October 12 For Presidential Election

    Kenya: Ruto Appoints New Head Of Electoral Commission

    Kenya: Ruto Appoints New Head Of Electoral Commission

    Mali: Parliament Grants Coup Leader 5-Year Renewable Presidential Term Without Election

    Mali: Junta Leader Signs Law Allowing Him To Remain In Power Without Election

    Tunisia: 84-Year-Old Opposition Leader Slammed 14 Years Jail Term

    Tunisia: 84-Year-Old Opposition Leader Slammed 14 Years Jail Term

    Trump Threatens BRICS Nations With 10% Tariff Over “Anti-American Policies”

    Trump Threatens BRICS Nations With 10% Tariff Over “Anti-American Policies”

    Gabon’s Coup Leader and President Nguema Launches New Political Party

    Gabon’s Coup Leader And President Nguema Launches New Political Party

    Trump Demands Probe Of Subsidies Offered To Musk’s Firms

    After Fallout With Trump, Elon Musk Considers Floating Political Party

    Russia, China’s Presidents Absent As BRICS Summit Starts In Brazil

    Russia, China’s Presidents Absent As BRICS Summit Starts In Brazil

    Mali: Parliament Grants Coup Leader 5-Year Renewable Presidential Term Without Election

    Mali: Parliament Grants Coup Leader 5-Year Renewable Presidential Term Without Election

  • Economy
    Lesotho Declares State of Disaster Over Uncertainty Around US Tariffs

    Lesotho Declares State Of Disaster Over Uncertainty Around US Tariffs

    Goldman Sachs Appoints Former UK PM Rishi Sunak As Senior Adviser

    Goldman Sachs Appoints Former UK PM Rishi Sunak As Senior Adviser

    Social Media Posts To Determine Eligibility Of Immigrants To Get Visas — US

    US Embassy Mandates Nigerian Visa Applicants To Remove Privacy Settings On Social Media

    Ghana: Parliament Passes Provisional Budget To Avert Government Shutdown

    IMF Commends Ghana’s Economic Reforms, Debt Restructuring

    Namibia Suspends State Funerals Following Criticism Over High Costs

    Namibia Suspends State Funerals Following Criticism Over High Costs

    SA: Mineral Council Says Proposed Tax On Chrome Export Threatens Jobs

    SA: Mineral Council Says Proposed Tax On Chrome Export Threatens Jobs

    Senegal Moves To Reduce Reliance On Foreign Lenders, Targets Improved IGR

    Senegal Promises To Clear Undeclared Debt Incurred By Past Administration

    Nigerian Govt Set To Launch ‘Africans For Africa’ Mining Sector Fund

    Nigerian Govt Set To Launch ‘Africans For Africa’ Mining Sector Fund

    Kenya Mulls Privatisation Of Key Government Assets To Attract Investment

    Kenya Mulls Privatisation Of Key Government Assets To Attract Investment

  • Security
  • Education
  • Sports
  • Health
  • Metro
  • Entertainment
  • Lifestyle
  • Legal
  • Tech & Science
  • Opinion
  • Exposé
  • Exclusive Videos
  • Niger Delta
  • World
No Result
View All Result
First with the News

Nigeria generates more revenue from non-oil tax sector- FIRS

The increase, according to the service, is as a result of reform measures introduced by the FIRS Board and Management as well as the renewed vigour in the service' workforce.

September 18, 2020
in Economy
0
0
VIEWS
Share on FacebookShare on TwitterShare on Whatsapp

Despite the crash in national and global economic activities attributed to the pandemic, the non-oil sector of the Nigerian economy has continued to record a significant increase in collectable tax revenue, the Federal Inland Revenue Service (FIRS) has said.

The increase, according to the service, is as a result of reform measures introduced by the FIRS Board and Management as well as the renewed vigour in the service’ workforce. The Executive Chairman of the service, Muhammad Nami, disclosed this on Tuesday in Abuja during a courtesy call on the Minister of Finance and National Planning, Zainab Ahmed, by the members of the FIRS Board.

Relatedreading

Lesotho Declares State Of Disaster Over Uncertainty Around US Tariffs

Goldman Sachs Appoints Former UK PM Rishi Sunak As Senior Adviser

According to a statement by the service’s spokesperson, Abdullahi Ahmad, the service said the non-oil tax receipts have consistently contributed 75-90 per cent of total tax revenue in recent months. Mr Nami disclosed that out of N490 billion collected by the Service in July only N52 billion was from the oil sector with the rest coming in through non-oil receipts.

He commended the minister for her support to the FIRS and its Board since their inauguration earlier in the year and solicited a closer working relationship between the Service and her ministry. Mrs Ahmed also commended the Management and Board of the FIRS for working to limit the disruptive impact of COVID-19 on government revenue through their proactive reforms, noting that this had made it possible for the three tiers of government to receive their monthly statutory allocations from the Federation Accounts.

According to the statement, the minister observed that Value Added Tax (VAT) and Stamp Duties receipts have boosted government revenue despite the pandemic. She pledged to continue to support the Management and Board of the FIRS and tasked the Service to work harder towards diversifying government revenue sources further away from dependence on oil.

Source: Premium Times
ShareTweetSend
Previous Post

Transcorp hotel to disengage 40% of workforce due to COVID-19 impact

Next Post

Eight millions West Africans open new bank accounts during lockdown – Report

Related Posts

Lesotho Declares State of Disaster Over Uncertainty Around US Tariffs

Lesotho Declares State Of Disaster Over Uncertainty Around US Tariffs

July 9, 2025
Goldman Sachs Appoints Former UK PM Rishi Sunak As Senior Adviser

Goldman Sachs Appoints Former UK PM Rishi Sunak As Senior Adviser

July 8, 2025

US Embassy Mandates Nigerian Visa Applicants To Remove Privacy Settings On Social Media

IMF Commends Ghana’s Economic Reforms, Debt Restructuring

Namibia Suspends State Funerals Following Criticism Over High Costs

SA: Mineral Council Says Proposed Tax On Chrome Export Threatens Jobs

Next Post
Eight millions West Africans open new bank accounts during lockdown – Report

Eight millions West Africans open new bank accounts during lockdown – Report

Please login to join discussion
AfriHeritage Magazine Issue 2 AfriHeritage Magazine Issue 2 AfriHeritage Magazine Issue 2

Updates

Plugin Install : Widget Tab Post needs JNews - View Counter to be installed
  • Trending
  • Comments
  • Latest
Cameroon: President Biya Returns Home After 42 Days Absence

Cameroon: Aged Biya Fixes October 12 For Presidential Election

July 11, 2025
Bangladesh Cancels The Use Of “Sir” To Address Female Office Holders

Bangladesh Cancels The Use Of “Sir” To Address Female Office Holders

July 11, 2025
Kenya: Opposition Demands Ruto’s Resignation Over Police Order To “Shoot Legs” Of Protesters

Kenya: Opposition Demands Ruto’s Resignation Over Police Order To “Shoot Legs” Of Protesters

July 11, 2025
Morocco Rescues 310 Europe-Bound Migrants

Illegal Migration: Senegalese Navy Intercepts 201 Migrants On Treacherous Atlantic Route To Europe

July 11, 2025
JESIN GAMES - AfriTrivia JESIN GAMES - AfriTrivia JESIN GAMES - AfriTrivia
ADVERTISEMENT

Most Recent

Cameroon: Aged Biya Fixes October 12 For Presidential Election

July 11, 2025

Bangladesh Cancels The Use Of “Sir” To Address Female Office Holders

July 11, 2025

Kenya: Opposition Demands Ruto’s Resignation Over Police Order To “Shoot Legs” Of Protesters

July 11, 2025

Illegal Migration: Senegalese Navy Intercepts 201 Migrants On Treacherous Atlantic Route To Europe

July 11, 2025

Ghana Prepared To Fund Ukrainian Drone Manufacturing, Zelensky Claims

July 11, 2025

Kenya: Ruto Appoints New Head Of Electoral Commission

July 11, 2025

Ronaldo’s YouTube Channel Topples Global Music Stars In Subscriber Rankings

July 11, 2025

2024 WAFCON: CAF Probe Algeria, Nigeria Reach Quarter-final, Mali, Ghana In Fierce Derby

July 11, 2025

About

Heritage Times HT stands as a beacon of pan-African journalism, dedicated to amplyfing the rich tapestry of voices and narratives across the continent. With unwavering commitment, we illuminate the evocative essence of Africa, offering a fresh perspective that captivates our global audience.

Featured

From Hope To Fear: Kenya Joins East Africa’s Crackdown On Free Expression

AfDB Set For A New President, As Ould Tah Gains Continental Endorsement

How Dangote Is Turning Trump’s Trade War Into Africa’s Opportunity

Connect

Connect with us on social media and receive timely updates on the go.

Get Updates

  • About
  • Privacy Policy

© 2024 Heritage Times (HT) Media.

No Result
View All Result
  • Welcome
  • Politics
  • Economy
  • Security
  • Exposé
  • Education
  • Sports
  • Health
  • Entertainment
  • Legal
  • Technology and Science
  • Columns
    • Opinion
  • World
  • __________________
  • Make a Donation
  • Photo Speaks
  • Videos
  • You-Report
  • Whistleblower
  • Advertise
  • HT Events
  • About HT
  • Contact us

© 2024 Heritage Times (HT) Media.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In