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Federal Inland Revenue Service
The Federal Inland Revenue Service (FIRS) is the agency responsible for assessing, collecting and accounting for tax and other revenues accruing to the Federal Government of Nigeria. History Federal Inland Revenue Service (FIRS) was created in 1943. Prior to that time, its functions had been performed by the Inland Revenue Department of British West Africa. The Board of Inland Revenue was created in 1958, and the service gained autonomy with the passing of the FIRS (Establishment) Act 13 of 2007. In 2003, the Federal Government of Nigeria recognized that poor service delivery in the public sector had become an urgent national issue and undertook a series of steps that lead to the entering into a Service Compact (SERVICOM) with all Nigerians in March 2004. This was followed by the creation of the SERVICOM office within the Presidency to ensure the entrenchment of excellent service delivery in the public sector in policy, programmes and practice. In line with the subsequent Pres ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Abuja
Abuja () is the capital and eighth most populous city of Nigeria. Situated at the centre of the country within the Federal Capital Territory (FCT), it is a planned city built mainly in the 1980s based on a master plan by International Planning Associates (IPA), a consortium of three American planning and architecture firms made up of Wallace, Roberts, McHarg & Todd (WRMT – a group of architects) as the lead, Archisystems International (a subsidiary of the Howard Hughes Corporation), and Planning Research Corporation. The Central Business District of Abuja was designed by Japanese architect Kenzo Tange. It replaced Lagos, the country's most populous city, as the capital on 12 December 1991. Abuja's geography is defined by Aso Rock, a monolith left by water erosion. The Presidential Complex, National Assembly, Supreme Court and much of the city extend to the south of the rock. Zuma Rock, a monolith, lies just north of the city on the expressway to Kaduna. At the 2006 ce ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Muhammad Mamman Nami
Muhammad Mamman Nami (born 2 February 1968) is a Nigerian accountant, management professional, tax administrator and public officer. He is the current Executive Chairman of Nigeria's Federal Inland Revenue Service FIRS, the agency responsible for assessing, collecting and accounting for tax and other revenues accruing to the Federal Government of Nigeria. He has almost three (3) decades of practical working experience in Auditing, Tax Management and Advisory and Management Services to clients in the Banking, Manufacturing Services and Public Sectors as well as Non- Profit organizations. Early life and education Nami was born in Nami village, Agaie Local Government Area of Niger State. He attended Jipo LEA Primary School and thereafter proceeded to the Government Secondary School, Suleja. Nami obtained a bachelor's degree in Sociology from Bayero University Kano in 1991 and a Masters of Business degree from Ahmadu Bello University, Zaria in 2014. He is a fellow of the Chartered I ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
British West Africa
British West Africa was the collective name for British colonies in West Africa during the colonial period, either in the general geographical sense or the formal colonial administrative entity. British West Africa as a colonial entity was originally officially known as Colony of Sierra Leone and its Dependencies, then British West African Territories and finally British West African Settlements. The United Kingdom held varying parts of these territories or the whole throughout the 19th century. From west to east, the colonies became the independent countries of The Gambia, Sierra Leone, Ghana and Nigeria. Until independence, Ghana was referred to as the Gold Coast. Historical jurisdiction British West Africa constituted during two periods (17 October 1821, until its first dissolution on 13 January 1850, and again 19 February 1866, until its final demise on 28 November 1888) as an administrative entity under a governor-in-chief (comparable in rank to a governor-general), an ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Geo-political Zones
Geopolitics (from Greek γῆ ''gê'' "earth, land" and πολιτική ''politikḗ'' "politics") is the study of the effects of Earth's geography (human and physical) on politics and international relations. While geopolitics usually refers to countries and relations between them, it may also focus on two other kinds of states: ''de facto'' independent states with limited international recognition and relations between sub-national geopolitical entities, such as the federated states that make up a federation, confederation, or a quasi-federal system. At the level of international relations, geopolitics is a method of studying foreign policy to understand, explain, and predict international political behavior through geographical variables. These include area studies, climate, topography, demography, natural resources, and applied science of the region being evaluated. Geopolitics focuses on political power linked to geographic space. In particular, territorial waters and l ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Central Bank Of Nigeria
The Central Bank of Nigeria (CBN) is the central bank and apex monetary authority of Nigeria established by the CBN Act of 1958 and commenced operations on 1 July 1959. The major regulatory objectives of the bank as stated in the CBN Act are to: maintain the external reserves of the country, promote monetary stability and a sound financial environment, and act as a banker of last resort and financial adviser to the federal government. The central bank's role as lender of last resort and adviser to the federal government has sometimes pushed it into murky regulatory waters. After the end of imperial rule the desire of the government to become pro-active in the development of the economy became visible especially after the end of the Nigerian civil war, the bank followed the government's desire and took a determined effort to supplement any show shortfalls, credit allocations to the real sector. The bank became involved in lending directly to consumers, contravening its original ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Nigerian National Petroleum Corporation
NNPC Limited is a for profit oil company in Nigeria. Formerly a government-owned corporation, it was transformed from a corporation to a limited liability company in July 2022. NNPC Limited is the only entity licensed to operate in the country's petroleum industry. It partners with foreign oil companies to exploit Nigeria's fossil fuel resources. History NNPC was established on 1 April 1977 as a merger of the Nigerian National Oil Corporation and the Federal Ministry of Petroleum and Energy Resources. NNPC by law manages the joint venture between the Nigerian federal government and a number of foreign multinational corporations, which include Royal Dutch Shell, Agip, ExxonMobil, TotalEnergies, Chevron, and Texaco (now merged with Chevron). Through collaboration with these companies, the Nigerian government conducts petroleum exploration and production. In 2007, the head of the Nigerian wing of Transparency International said salaries for NNPC workers were too low to prevent g ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Nigeria Customs Service
The Nigeria Customs Service (NCS) is an independent customs service under the supervisory oversight of the Nigerian Ministry of Finance, responsible for the collection of customs revenue, Facilitation of both national and international trade and anti-smuggling activities. Structure The NCS is headed by the comptroller general, who oversees the work of six deputy comptrollers general in the following departments: * Finance and Technical Service; * Tariff & Trade; * Enforcement, Investigation, and Inspection; * Modernization, Research and Economic Relations; * Excise, Industrial Incentives and Free Trade Zone; * Human Resource Development. The NCS board is chaired by the minister of finance, while the vice-chairman is Col. Hameed Ali, the service's comptroller general who is not a career Customs staff, but was appointed by President Muhammadu Buhari with the aim of reforming and revamping the institution. In addition, the NCS operates a media division with radio and televi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Corporate Affairs Commission
Corporate Affairs Commission is a body of the Nigerian Government responsible for the regulation and management of companies in Nigeria. It was introduced in 1990 with the passing of the Companies and Allied Matters Act. It is headed by a chairman and closely assisted by the Registrar General/ CEO. The current chairman is Hon Ademola Seriki. Her headquarters is located in Plot 420, Tigris Crescent, Off Aguiyi Ironsi Street, Maitama, Abuja. Nigeria. Other prominent offices of the board of CAC includes Manufacturer Association of Nigeria, Institute of Chartered Accountants of Nigeria (ICAN), Nigerian Bar Association, Securities and Exchange Commission The U.S. Securities and Exchange Commission (SEC) is an independent agency of the United States federal government, created in the aftermath of the Wall Street Crash of 1929. The primary purpose of the SEC is to enforce the law against market ..., Federal Ministry of Trade and Investment, Nigerian Association of Chamber of Comm ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
National Planning Commission Of Nigeria
The Federal Ministry of Budget and National Planning is one of the Federal Ministries of Nigeria. History It was originally set up by Decree No 12 of 1992 as the ''National Planning Commission'' and later amended by Act 71 of 1993. The core responsibility of the commission is the formulation of medium term and long term economic and development plans for the nation. Organisation The National Planning Commission is headed by the Minister of National Planning, who is also the Deputy Chairman of the National Planning Commission. The Chairman of the Commission is the Vice President (currently, Prof. Yemi Osinbajo). History The National Planning Commission was originally established by Decree No 12 of 1992 and later amended by Act 71 of 1993. The Commission has the mandate to determine and advise the Government of the Federation on matters relating to National Development and overall management of the national economy. The detailed objectives, funct ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Muhammadu Buhari
Muhammadu Buhari (born 17 December 1942) is a Nigerian politician and current president of Nigeria since 2015. Buhari is a retired Nigerian Army major general who served as the country's military head of state from 31 December 1983 to 27 August 1985, after taking power in a military coup d'état. The term Buharism is ascribed to the authoritarian policies of his military regime. Buhari ran for president of Nigeria in 2003, 2007, and 2011. In December 2014, he emerged as the presidential candidate of the All Progressives Congress party for the 2015 general election. Buhari won the election, defeating incumbent President Goodluck Ebele Jonathan. This was the first time in the history of Nigeria that an incumbent president lost a general election. He was sworn in on 29 May 2015. In February 2019, Buhari was re-elected, defeating his closest rival, former Vice President Atiku Abubakar, by over 3 million votes. Early life Buhari was born to a Fulani family on 17 December ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Babatunde Fowler
Babatunde Fowler (born 12 August 1956) is a Nigerian public officer, tax administrator and social reformer. He was the executive chairman Lagos State Board of Internal Revenue and Chief Executive Officer Lagos State Internal Revenue Service. He is the former executive chairman of the Federal Inland Revenue Service (FIRS). Career The Board of internal revenue became autonomous and self-accounting with the passage into law in January 2006 of the Lagos State Revenue Administration Law and Fowler was appointed as the first CEO of the Lagos State Internal Revenue Service and executive chairman of the Lagos State Board of Internal Revenue. With this re-engineering, the new Lagos State Board of Internal Revenue has achieved a sharp increase in Internally Generated Revenue (IGR) from an average of ₦3.6 billion per month in January 2006 to an average of over ₦20.5 billion per month in 2014. Declining tax revenues since 2015, a lavish lifestyle, and whispered accusations of outrig ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
