FIRS Records N4.8trn 10-Year Revenue Shortfall

FIRS Records N4.8trn 10-year Revenue Shortfall

Within a 10-year period covering 2010 and 2019, the Federal Inland Revenue Service (FIRS) recorded a revenue shortfall of N4.88tn, figures obtained from the FIRS have indicated. The FIRS data showed that during the 10-year period, the service generated about N43.41tn revenue from taxes. When compared to the N48.29tn targeted revenue set by the Federal … Read more