FIRS fails to generate N1.69 trillion in oil tax income in the first four months of 2024

With an average monthly revenue of N829.97 billion from oil taxes, the Federal Inland Revenue Service (FIRS) has fallen short of the agreed target for the 2024 budget of N9.96 trillion. According to the approved 2024 budget, FIRS was supposed to have collected N3.32 trillion in oil taxes between January and April of this year; [...]

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