FIRS Quizes 6 Firms Over N2.4bn Tax Liabilities

For failing to remit tax revenue amounting N2.4 billion, the Federal Inland Revenue Service (FIRS) has quizzed top officials of six companies operating in Lagos, during a two-day tax enforcement drive.

The companies and their outstanding tax liability are Leaders and Company Ltd, N228.5 million, Lottoj Oil and Gas Ltd, N14.4 million, First Deep Water Ltd, N63.1 million, Tonique Oil Services Ltd, N27.79 million, Tak Continental Ltd, N960.2 million and Alliance and General Insurance, N1.13 billion. Continue reading