Nigeria: FIRS' N5.007 Trillion Tax Revenue in 2012 Highest in Agency's History

28 January 2013

The Federal Inland Revenue Service, FIRS on Sunday said it recorded impressive performances in its revenue generation activities last year, reporting steady increases in the collection of all taxes under its portfolio.

The Service said in a statement by its Director, Communications & Liaison Department, Emmanuel Obeta, that the 2012 financial year closed on a high, with N5.007 trillion as total revenue collection from taxes, including Petroleum Profit Tax, PPT, the highest cumulative tax collected in the history of the FIRS. The agency realised about N4.628 trillion in 2011

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