The Federal Inland Revenue Service (FIRS) has published a list of tax defaulters on its website.
Among the 19,901 consolidated tax defaulters are Obasanjo Farms, owned by ex-President Olusegun Obasanjo; Davido Music Worldwide Ltd, owned by pop star, Davido; Iyiola Omisore & Par, owned by former Deputy Governor of Osun State, Iyiola Omisore, among others.
[ads]
FIRS chairman, Babatunde Fowler, had recently been queried by the Chief of Staff to the President, Abba Kyari, for worsening tax generation.
Mr Fowler, in reply, said that recession and oil price affected tax revenue between 2015 and 2018.
On the list of tax defaulters, Obasanjo Farms Ltd. is placed at No. 17705; Davido Music Worldwide is placed at 2387; while Iyiola Omisore & Par takes 4654 position.
FIRS said it had taken possession of the bank accounts of the tax defaulters, adding that the accounts would be under its possession until they regularise their tax status.
SEE FULL LIST OF DEFAULTERS HERE
[ads]
The agency said: “This is to notify all companies, which had their bank accounts placed under lien by the Federal Inland Revenue Service pursuant to Section 31 of the FIRSE Act but are yet to regularise their tax status with the FIRS, that if they fail, refuse or neglect to pay the tax due within 30 days of this notice, the FIRS shall in accordance with Section 49 (2) (a- d) of the FIRSE Act proceed and enforce the payment of the said tax against all the directors, managers, secretaries and every other person concerned in the management of the companies and recover the said tax from such persons without further notice.
“For the avoidance of doubt, the above section authorises the FIRS to proceed against and punish every officer, manager, director, secretary or any person concerned with the management of the company in like manner as if he/she had committed the offence.”
