NRS Act: ‘Collapse looms, if maritime, aviation agencies lose revenue functions’ – Stakeholders

Maritime, aviation agencies

The collapse of the aviation and maritime sectors loom, as President Bola Tinubu planned to strip key regulatory agencies of their revenue collection functions, thereby, threatening their operations. Although many have expressed reserve over the proposed renaming of the Federal Inland Revenue Service (FIRS) by President Bola Tinubu, on the excuse that they do not have enough facts to opinionated on the matter, a few others who spoke with newsmen on the development said the move could have several implications for fiscal matters in Nigeria, particularly concerning tax administration and…

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