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The Nigerian Senate has passed N446.3 billion as the 2024 Federal Inland Revenue Service, FIRS, budget. The action of the Red Chamber followed its adoption and approval of its Committee on Finance recommendation, which considered the budget. The Chairman of the Committee, Senator Sani Musa (APC – Niger East) presented the report. The budget breakdown showed that N177.4 billion is for Personnel Costs, N156.5 billion is for Overhead costs, and N112,4 is for capital expenditure. The committee observed that: “The Service Year 2024 budget estimates are based on Zero Based Budgeting. “The 2024 proje…

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