30 results
- 16 May 2024
Tax Conference: Sanwo-Olu, Zulum, Amosun, Other Experts Seek Transparent Tax System to Boost Internally Generated Revenues
Lagos State Governor, Mr. Babajide Sanwo-Olu, and his counterparts from Sokoto and Borno States have emphasised the need to make the country’s tax system more transparent and accountable to Nigerians…
- 24 Jun 2014
E-PPAN Summit Raises Concerns over Public Sector Revenue Generation
Government decision makers and industry experts meeting at the “E-Payment for Government Summit ” are set to examine the global and regional developments on how governments are transforming…
- 1 Feb 2018
FIRS Generates N4.03Trillion Revenue
Mr Tunde Fowler, chairman, Federal Inland Revenue Service (FIRS), said the Service collected N4.03 trillion revenue in 2017. A statement by the Head, Communications and Servicom, FIRS, Mr Wahab…
- 13 May 2019
Report Says 17 Nigerian States Bankrupt
Economic Confidential on Sunday released its Annual States Viability Index (ASVI) report. It showed that 17 States are insolvent as their Internally Generated Revenues (IGR) in 2018 were far…
- 1 Jun 2009
Customs Generates N89 Billion Revenue in First Quarter
Nigeria Customs Service has generated N89.695 billion in the first quarter of this year which fall short by N76.98 billion of government targeted revenue of N166.67 billion for the same period. Dr.…
- 1 Aug 2014
Lagos Generates N120Bn from Tax in Six Months
Lagos State Internal Revenue Service (LIRS) said it generated more than N120bn from taxation between January and June this year. Tunde Fowler, executive chairman of the service, said in Lagos that 90…
- 30 Oct 2020
AlphaBeta’s Collection of $19m Monthly Revenue in Lagos Sacrilegious- George
Olabode George, Lagos politician, has described as sacrilegious the collection of internally generated revenue in Lagos state by a private firm called AlphaBeta and earns around N7.5bn ($19 million)…
- 8 Feb 2013
Reps Accuse NNPC, NCC, Others of Diverting N9 Trillion
A House of Representatives’ report has revealed that some revenue generating agencies have short-changed the Federal Government N8.8 trillion and the report listed the agencies to include; Nigerian…
- 18 Feb 2025
Lagos Lawmakers Commend LIRS on Historic N1 Trillion Revenue Milestone
Legislators in Lagos State have commended the Lagos State Internal Revenue Service (LIRS) for achieving an unprecedented milestone in revenue generation, surpassing ₦1 trillion. This landmark…
- 29 Oct 2013
Lagos Targets N50Bn IGR via Oracle Solution Deployment
Lagos State Government said it is targeting N50billion internally generated revenue (IGR), annually, through the adoption of Oracle applications. Abdulahmed Mustapha, director general, Lagos State…
- 3 Oct 2013
Ogun Commends CBN Cashless Initiative
Ogun state government, has said that the cashless policy adopted by the state government has been yielding positive results as the internally generated revenue from higher institutions in the…
- 15 Dec 2008
Lagos Earns N120Bn from e-Service
Lagos State Internally Generated Revenue (IGR) hit some N120 billion in 2008, thanks to the burgeoning operational efficiency occasioned by the use of information technology in the state accounting…
- 9 Jan 2018
Fidelity Bank Partners SystemSpecs for Federal Collections via *770#
Fidelity Bank Plc is championing a ground-breaking system in the collection of internally generated revenue. Working in conjunction with SystemSpecs, a leading electronic financial transactions…
- 22 Jul 2013
State Govs Oppose End to Multiple Taxes
State governments in Nigeria are averse to ending the scourge of multiple taxes which form substantial sources of their internally generated revenues (IGR) despite the damages the taxes are doing to…
- 10 Jun 2025
FG May Forfeits $4m from World Bank Loan over Audit Flop
Federal government may lose $4 million from a World Bank loan after failing to get a pass mark on key audit standards in its revenue-generating agencies, such as the Federal Inland Revenue Service…
- 2 Feb 2015
CBN, Firm List Benefits of e-collection Payment
The Central Bank of Nigeria (CBN) has reiterated the importance of keeping all funds in a single treasury account, saying it would eliminate corruption and leakages in Internally Generated Revenue…
- 10 Oct 2021
Delta Govt to Collect Radio, TV License Rates
Delta State Internal Revenue Service (DSIRS) will soon commence the collection of radio and television license rates in the state. This will be in collaboration with the 25 local government councils…
- 23 Mar 2009
Kwara Introduces e-Vehicle Registration
The Kwara State Government has introduced electronic vehicle registration in the State in order to improve revenue generation as part of response to global meltdown. Speaking at the event heralding…
- 31 May 2020
Foreign Industrialists Plan $40Bn Investment Hub in Anambra
The sum of $40 billion is to be invested by foreign industrialists towards establishment of an investment hub in Anambra State, according to Chika Ibeneme, senior special assistant to Governor Willy…
- 28 Aug 2013
Lagos Shops for N87.5Bn to Buy Back Concession
The Lagos State government is to approach the Nigerian capital market to raise some N87.5 billion through bond to buy back the concession rights of the Lekki-Epe Expressway from the Lekki Concession…
- 30 Jan 2023
LIRS Boss, Ayodele Subair, Bags Vanguard's Public Sector Icon Award
Mr Ayodele Subair, Executive Chairman, Lagos State Internal Revenue Service (LIRS) has been conferred with the 2022 Public Sector Icon of the year at the 11th edition of the Vanguard Personality of…
- 17 Aug 2020
Reps Fume as Foreign Partners Pocket N72Bn NIS Revenue
House of Representatives Committee on Finance has asked Nigerian Immigration Service (NIS) to explain how some N72billion of over N80billion generated from the issuance of international passports and…
- 11 Apr 2016
FIND to Discuss Development Beyond Oil
Development beyond oil tops the Forum for Inclusive Nigerian Development (FIND) discussion holding in Lagos on Tuesday. The dialogue holds under the theme: “Promoting Sustained Growth and Inclusive…
- 5 Jul 2026
World Bank Sounds Alarm: Low Revenue, Not Debt, Is Nigeria's Biggest Fiscal Threat
World Bank has said Nigeria's greatest fiscal challenge is weak revenue mobilisation rather than excessive borrowing, urging the Federal Government to strengthen revenue generation to support…
- 5 Jun 2014
Reps Ask NCAA to Return N255m Bulletproof Cars
The House of Representatives has mandated the Nigerian Civil Aviation Authority (NCAA) to return the controversial bulletproof cars bought for the use of Stella Oduah, former minister of…
- 29 Oct 2019
Danbatta Seeks Fully Adoption of e-Government in Service Delivery
Prof. Umar Garba Danbatta, executive vice chairman, Nigerian Communications Commission, NCC, has said that the introduction of e-government applications has been beneficial to the process of…
- 24 Sept 2023
Stamp Duty Is Revenue Stamp, Not Postage Stamp, LIRS Chief Clarifies
Mr Tokunbo Akande, Special Adviser to the Executive Chairman of the Lagos State Internal Revenue Service, LIRS, has clarified the misunderstanding about stamp duty as he maintained that it is a…
- 24 May 2016
Worldwide Big Data, Biz Analytics Revenues To Reach $187b in 2019- IDC
According to the new Worldwide Semiannual Big Data and Analytics Spending Guide from International Data Corporation (IDC), worldwide revenues for big data and business analytics will grow from nearly…
- 23 Sept 2021
OGIRS Trains Tax Officers Ahead of Digital Processing of Services
In line with the global trend of transacting businesses electronically to improve the revenue of the government, Ogun State Internal Revenue Service (OGIRS) has trained its Tax Officers ahead of…
- 29 Jun 2015
CWG 2.0 Business Model begins Yielding Fruit in H2 2015
Mr. Austin Okere, chief executive officer of Computer Warehouse Group (CWG) Plc, has said that the Company’s subscription business has begun to yield fruits. This statement was made by the CWG boss…