Create Profile

Creating your profile will enable you to submit photos and stories to get published on News24.

Please provide a username for your profile page:

This username must be unique, cannot be edited and will be used in the URL to your profile page across the entire 24.com network.

Facebook Sign-In

Hi News addict,

Join the News24 Community to be involved in breaking the news.

Log in with Facebook to comment and personalise news, weather and listings.


Lagos seals 21 firms over tax default

03 March 2014, 14:46

Lagos - The Lagos State Internal Revenue Service (LIRS) has said that it sealed 21 companies in February, for defaulting in remitting N134 million personal income taxes of their workers.

The Head, Distrain Unit of the agency, Folasade Coker-Afolayan, said that the taxes were for a period of one year to four years.

Coker-Afolayan reiterated that tax payment was a civic responsibility of the citizens and explained that government needed to provide infrastructure for the populace.

She said the LIRS would continue to sanction tax defaulters, noting that some employers of labour were fond of deducting workers’ taxes but would fail to remit the deductions into government’s coffers.

She promised that LIRS would continue to enforce tax laws to recover funds that belonged to the state government.

Coker-Afolayan advised companies to remit taxes promptly, to avoid embarrassment, adding that it was a criminal act to tamper with government's seals on sealed companies.

LIRS sealed 23 companies in January over non-remittance of N326.6 million personal income taxes of their workers.

-    NAN

For the latest on national news, politics, sport, entertainment and more follow us on Twitter and like our Facebook page.


Read News24’s Comments Policy

Comment on this story
Comments have been closed for this article.

Read more from our Users

Nigeria @ 56: Words to my green f...

A leader’s job is not to dictate, but rather to be respected, admired and be a trustee, of the land we love, with so much potential, a land which should be freer than free. Its still a long way to fufilling our destiny! Read more...

Submitted by
Isaac Asabor263
Recession: An opportunity for Nig...

The recession should be seen as an opportunity for the country’s promotion as long as we all collectively conduct ourselves in a patriotic manner, writes Isaac Asabor.  Read more...

Submitted by
Black and White

We want to imitate the whites in everything because we are ignorant of our inherent originality and content. We spend all our Naira to acquire his inventions because we so oblivious of our natural endowments that we allow him have it for free. Read more...

Submitted by
Nate Nat
Adamawa State University Mubi: A ...

ADSU integrity forum has accused the Sunday Joshua Wugira, a lawyer, of adopting unorthodox tactics by abusing his privilege by attacking the integrity of ADSU Vice Chancellor Dr. Moses Zira Zaruwa, writes a News24 reader. Read more...

Submitted by
Abdulsalam Jubril
My Country Nigeria (Part One)

Poetry by Abdulsalam Jubril.

Submitted by
Abdulsalam Jubril
Recession, dearth in leadership a...

Every leader has the opportunity to become great and making himself immortal in the lives and hearts of people for generations to come. Will Mr. President seize this opportunity?, questions Abdulsalam Jubril. Read more...