Tax: FIRS Rakes In N10.1trn Revenue

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The Federal Inland Revenue Service, FIRS, collected over N10.1 trillion tax revenue in 2022.
Chairman/Chief Executive Officer of the agency, Mohammed Nami, disclosed this in a report, titled “FIRS 2022 Performance Update,” he personally signed yesterday.
The report indicated that it was the first time the FIRS would cross the N10-trillion mark in tax revenue collection.
It added that the N10.1 trillion was inclusive of the N146.27 billion which is the total value of certificates issued by the FIRS to private investors and NNPC for road infrastructure under the Road Infrastructure Development Refurbishment Investment Tax Credit Scheme created by Executive Order No. 007 of 2019.