Binance expressed relief on Friday as the Federal High Court in Abuja cleared Tigran Gambaryan, a 39-year-old American and fleeing Nadeem Anjarwalla, of tax evasion charges filed by the Federal Inland Revenue Service.
The Federal Inland Revenue Service (FIRS) receives four percent of non-oil revenues; the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) gets four
Agora Policy recommends that these agencies should be funded through direct appropriations by the Federal Government rather than the current cost-of-collection model.
The Federal Government of Nigeria has spent a total sum of N697bn to collect the N15.8tn shared by the three tiers of government in the first 11 months of the current administration, Saturday PUNCH investigation has shown.