February 12, 2019

LCCI challenges FIRS over gagging of bank accounts

The Lagos Chamber of Commerce and Industry, LCCI, yesterday, countered the move by the Federal Inland Revenue Service (FIRS) to restrain bank accounts of some individuals and businesses over tax defaults. Muda Yusuf, LCCI boss…debt stock profile not sustainable In a communiqué by the Council of the LCCI, the Director General, LCCI, Mr. Muda Yusuf, …

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N3.4bn tax debt: FIRS to sell properties of 52 firms

The Federal Inland Revenue Service is to dispose of the properties of 52 companies over tax debts valued at about N3.4bn. Investigations by our correspondent in Abuja showed that already, the Legal Department of the Service had begun the process to sell the properties in a bid to effectively implement the initiative. It was learnt …

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