Nigeria — Nigeria Revenue Service & NNPC
8 shared events · Importance 3 · Last updated Jul 31, 2026
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Domestic
Nigeria — Nigeria Revenue Service: The Nigeria — Nigeria Revenue Service (now National Revenue Service) recorded substantial growth in tax collections due to the reforms, significantly boosting Nigeria's non-oil revenue.
NNPC: The NNPC Limited saw significant changes in remittance structures and increased contributions to the Federation Account following petroleum sector reforms and fuel subsidy removal.
Jun 16, 2026 · 7 articles
Regulatory
Nigeria — Nigeria Revenue Service: Involved in tax administration, ensuring the fiscal incentives are implemented effectively.
NNPC: NNPC is authorized to amend production sharing contracts, playing a key role in implementing the framework. The reform aligns with its strategy to boost production and attract investment.
Mar 09, 2018 · 80 articles
Domestic
Nigeria — Nigeria Revenue Service: FIRS received stamp duties as part of NNPC's incorporation fees. The amount was included in the N2.45 billion total.
NNPC: NNPC is the subject of the Senate probe over N210 trillion in unexplained balance sheet entries. The company's financial reporting practices are under scrutiny, but no evidence of missing funds has been found.
Jul 15, 2026 · 20 articles
Regulatory
Nigeria — Nigeria Revenue Service: The Nigeria — Nigeria Revenue Service was involved in recovering an additional $2.32 million related to the alleged fraud.
NNPC: The NNPC is at the center of the investigation, as funds for its refineries' rehabilitation were allegedly diverted, leading to scrutiny of its officials and contract management.
Jun 28, 2026 · 19 articles
Regulatory
Nigeria — Nigeria Revenue Service: The Nigeria — Nigeria Revenue Service was involved in negotiations for the tax credit, which will reduce near-term tax revenue per barrel but aims to unlock broader investment.
NNPC: NNPC is the state oil company and concessionaire, estimating the project will produce 150,000 bpd and attract $20 billion in investment, boosting Nigeria's production capacity.
Jul 14, 2026 · 6 articles
Domestic
Nigeria — Nigeria Revenue Service: Umar Ajia urged the Nigeria — Senate of Nigeria committee to verify claims with the Nigeria — Nigeria Revenue Service regarding NNPCL's registration costs.
NNPC: NNPC is under investigation by the Nigeria — Senate of Nigeria for alleged unaccounted funds totaling N210 trillion between 2017 and 2023. Its financial integrity and reputation are being challenged.
Jun 03, 2026 · 63 articles
Domestic
Nigeria — Nigeria Revenue Service: The Chairman of the Nigeria — Nigeria Revenue Service is a member of the Implementation Committee, ensuring proper collection and remittance of revenues.
Feb 18, 2026 · 25 articles
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