Category : Search result: Nigeria Revenue Service NRS


FIRS Replaced by NRS in Major Nigerian Tax Reform

Nigeria's FIRS is now the Nigeria Revenue Service (NRS) following landmark 2025 legislation. Discover how this shift promises transparency, efficiency, and a new era of public finance management for all citizens.

FIRS Transforms to Nigeria Revenue Service in 2026

Nigeria's FIRS transitions to the Nigeria Revenue Service in January 2026, driven by four new laws. The reform promises streamlined tax processes, stronger oversight, and integrated revenue collection for better public finance management.

Nigeria's Mandatory Car Recycling Fee Starts 2026

From 2026, Nigerians will pay a mandatory vehicle recycling fee at registration. The policy aims to generate over N150bn yearly, create jobs, and regulate used car imports. Get all the details.

Ekiti Governor Oyebanji Signs N415.57bn 2026 Budget

Ekiti State Governor Biodun Oyebanji has signed the N415.57 billion 2026 Appropriation Bill into law. The budget allocates 53% to recurrent and 47% to capital expenditure. Read the full details.

Radda: Don't blame only govs for economic hardship

Katsina Governor Dikko Radda urges Nigerians to scrutinise Federal Government's use of 52% revenue share. He argues states, LGAs bear public anger despite limited funds. Read his full interview.

Presidency Denies Discrepancies in New Tax Laws

The Presidency has dismissed claims of alterations in the new tax laws signed by Tinubu. Taiwo Oyedele calls reports 'false and misleading' as controversy grows ahead of the January 2026 implementation.

Nigeria's FIRS Hits ₦47.39 Trillion Revenue with Reforms

Nigeria's Federal Inland Revenue Service (FIRS) achieved record revenue of ₦47.39 trillion from 2023-2025 through major tax reforms and technology. Discover how new laws and digital systems are reshaping tax collection for 2026.

Nigeria's Debt, Salaries Exceed Revenue in 2025

Nigeria's Federal Government spent more on debt servicing and salaries than it earned in 2025's first seven months, with a N10.19tn revenue shortfall. Oil earnings slumped over 60%. Read the full analysis.

Edun Contradicts Tinubu on 2025 Revenue Figures

Finance Minister Wale Edun reveals a N30 trillion revenue shortfall, contradicting President Tinubu's claim of meeting the 2025 target. Details on the budget deficit and borrowing plans inside.

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