FIRS posts N1.5tn revenue in Q1 of 2019, Fowler says

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The Federal Inland Revenue Service ((FIRS) generated N1.5 trillion revenue in the first quarter (Q1) of 2019, according to its Chairman, Mr Babatunde Fowler.

FIRS
Chairman of the Federal Inland Revenue Service (FIRS), Mr Babatunde Fowler, addressing delegates at a high-level meeting on “International Cooperation to Combat Illicit Financial Flows and Strengthen Good Practices on Assets Return” convened by the United Nations General Assembly in New York at the weekend.

Fowler disclosed this to the News Agency of Nigeria (NAN) in New York at the weekend.

He said the amount included revenue from non-oil taxes that were 11 per cent higher than what the agency realised from that sector in Q1 of 2018.

“In the first quarter (of 2019), what I will say is that in the non-oil sector, we generated 11 per cent higher than what we generated in 2018.

“Basically, we have generated about N1.5 trillion,” Fowler said on the sidelines of a high-level meeting on illicit financial flows hosted…



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