FIRS raked in N10.1trn as revenue in 2022 -- 'highest in agency's history' | TheCable

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FIRS raked in N10.1trn as revenue in 2022 -- 'highest in agency's history' | TheCable
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TOP STORY: FIRS raked in N10.1trn as revenue in 2022 — ‘highest in agency’s history’ | TheCable

The Federal Inland Revenue Service says it generated over N10 trillion as tax revenue in the year 2022.

“The FIRS, in the year 2022 collected a total of N10.1 trillion in both oil and non-oil revenues as against a target of N10.44 trillion,” the statement reads. He explained that the sum is the total value of certificates issued by the service to private investors and NNPC under the road infrastructure development refurbishment investment tax credit scheme, created by executive order No. 007 of 2019.

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