The Chief Executive Officers of seven Lagos-based engineering,
telecommunications, cable television, and trading conglomerates were
arrested at the weekend by officials of the Federal Inland Revenue Service
(FIRS) over alleged non-remittance of various
The National Tax Policy seeks to provide a set of guidelines, rules and modus operand! that would regulate Nigeria's tax system and provide a basis for tax legislation and tax administration in Nigeria.
The Federal Inland Revenue Service has recovered more than N11.9billion tax arrears from five oil companies. The bulk of the money recovered came from Agip, which paid over $57.79million (N8.09billion). Halliburton just had to be on the list......
