FIRS goes after 85,000 millionaire tax debtors
Published February 8, 2019

The Executive Chairman, Federal Inland Revenue Service, Mr Tunde Fowler, has said that the Service, in collaboration with other stakeholders like the Nigeria Police Force, will this year go after wealthy tax defaulters.



Fowler said this on Thursday in Abuja when the Acting Inspector-General of Police, Mohammed Adamu, paid a courtesy visit to the Revenue House.

A statement from the FIRS on Thursday said Fowler informed the police boss that already the service had realised the sum of N23bn based on a closer look at the books of 45,000 tax debtors.

He said each of the 45,000 tax debtors had over N100m as turnover in their accounts.

The Service, he said, would be going after another set of over 40, 000 millionaire tax defaulters in 2019.

He requested the Nigeria Police to assist the Service to bring the tax defaulters to pay their taxes.

He said, “We looked at businesses, partnerships of any activity that has banking turnover between N100m and N999m. We have done a review of this group of businesses.

“We have about seven more banks that we are still waiting for the return from and to review their information.

“So far, we have 45,361 that have TIN and are making payments. We have 40,611 that have TIN, that made tax payment and, and we have 44,504 that have no TIN and no pay.



“So, when you look at it from a glance, we have close to 75,000 in this group that are still not taxpayers and we have said the payment of tax is not only for the civil servants. it’s for all Nigerians.

“So, the millionaires and the billionaires will pay tax on behalf of what is due to the national coffers.”

Fowler commended the Nigerian Police Force for its support and collaboration over the years, which he said, had helped FIRS to achieve its target and requested for more support to enable it to recover taxes due to rich tax evaders in 2019.

“Let me put on record that the Nigeria Police Force has been extremely helpful to FIRS. Without the Police, I doubt that the Service would have been able to achieve what we have achieved.

“2018 was a successful year. The FIRS collected a total of N5.32tn of tax revenue. This is the highest revenue collection in the history of FIRS.”

Adamu said that the Police would continue to support the FIRS because the job of revenue generation was critical to the survival of the nation.

“We feel that the work you do is one of the most important for the survival of the country. And you need to be supported from all angles so that you can achieve what you want to achieve to the benefit of every Nigerian.

“We will continue to work with you to improve security so that people would do their businesses here, make profits and pay their taxes.

“We believe that with the new management team of the Nigeria Police Force, which is adopting community policing, we would be able to improve security.”

https://punchng.com/firs-goes-after-85000-millionaire-tax-debtors/

Good one, even though government has not bn using the ones paid judiciously.

,,,

Olanireti:
Good one, even though government has not bn using the ones paid judiciously.

Only the poor and civil servant are paying taxes in Africa
The others are those that need the reciept to process their visa

fact.. even our politicians dont pay tax. nobody is above the law, thats why you see their ronaldo and messi getting into trouble.

Okay

GREAT DECISION, IF KEENLY FOLLOWED UP

Stealing from the poor

Good job.

Tax is a VERY VERY important thing in saner climes.

Dem no born u well make u no pay.
EVERYTHING is tax over there apart from food.

Gradually, we will get there!

2018 was a successful year. The FIRS collected a total of N5.32tn of tax revenue. This is the highest revenue collection in the history of FIRS.”

The evil PARTY, full of thieves and CRIMINALS would have shared this trillions among themselves.
PDP in Nigeria again?!
GOD FORBID!

“2018 was a successful year. The FIRS collected a total of N5.32tn of tax revenue. This is the highest revenue collection in the history of FIRS.”

And the yam eaters want to come back and finish this in seconds.


This is non-oil revenue. Sai baba! The diversification drive is real.

Way to go boys ..

mad govt with mad tax

anjigirl:
Only the poor and civil servant are paying taxes in Africa
The others are those that need the reciept to process their visa

Do you have data to back this claim, Africa is a continent don’t generalize!

The highest collected in real terms is what really counts. I doubt this is with a debased Naira and lamentable economic growth over the past 4 years. This will adversely affect income and profits and subsequently amount that can be collected

Story story!! That's how they huffed and puffed with VAIDS and yet no one has been arrested and charged d to court.

I wonder what's really happening in this government. Earlier on before the end of last year, it was announced that the FIRs generated 5 trillions and not long the government was bidding for loans of billion dollars from China. The only infrastructure this government is claiming is just train revolution which is nothing compared to Gej achievements in his first tenure. Only God knows the level of corruption going on in this regime. I know things will be cleared soon. Dementia man must leave by force.

This is a good development, only the wicked ones among them will tagged it witch hunting...

Most of them are in government for example how could one tax assets that Buhari refused to declare?

So rich people in Nigeria don't pay tax. And to make matters worse they are the ones banks give loans to without collateral or tax payments receipts. Na wa o

Lol

If u don't pay your Levi how would your country develop. No wonder the elites are campaign against Buhari.

If FIRS made N5.32trn in 2018, this aside NNPC income, how come FG is still borrowing?

How do you tax the politicians stealing money?

How do you tax the celebrities flaunting money in our faces? The Gucci Lords and Yahoo girls?

Tax the Yahoo boys too.

Ghen Ghen.... Atiku manifesto.

I thought they rejected this in the first place

Get them

princemillla:
Ghen Ghen.... Atiku manifesto.

I thought they rejected this in the first place

they are stealing ideas already...