OsazuwaAkonedo news,Uncategorized Why We Could Not Honour Our 2021 Top Tax Payers – FIRS

Why We Could Not Honour Our 2021 Top Tax Payers – FIRS

Why We Could Not Honour Our 2021 Top Tax Payers - FIRS ~


By Press Unit

FIRS Lists Nigeria’s 2021 Top-Performing Taxpayers; Hails Taxpayers For Compliance, Payment and Support

The FIRS is pleased to celebrate the top-performing taxpayers who contributed to her success in 2021.

The Service surpassed its tax collection target in 2021, and in doing so, crossed the N6trillion threshold for the first time.

The Service further stated that the tax revenue collection of 6.405 trillion naira in 2021 was made possible courtesy the leadership of President Muhammadu Buhari, the support of the Ministry of Finance, Budget and National Planning, and the National Assembly too.

Of particular importance is the contribution of our much esteemed taxpayers; they defied the very harsh global economic conditions imposed by the lingering COVID-19 pandemic to produce a heroic performance in tax payment, compliance and support.

On the list of top-performing taxpayers included the Nigeria Liquified Petroleum Gas Company Ltd, which was recognized as the Most Supportive Taxpayer; while the Nigeria National Petroleum Company was listed as the Highest Taxpayer.

Others on the list of Top-Performing Taxpayers included Mobil Producing Limited, Star Deep Water Petroleum, MTN Nigeria Communications Plc, Shell Petroleum Development Company Limited, Chevron Nigeria Limited, Total E & P Nigeria Limited, Airtel Networks Limited, Nigeria Petroleum Development Company Limited, Nestle Nig. Plc, Dangote Cement, Nigeria Breweries Plc, Total Upstream Nigeria Ltd, Indorama Eleme Petrochemicals Ltd, NIG Agip Oil Co. Ltd, British American Tobacco Marketing, Guaranty Trust Bank Plc, Stanbic IBC Bank Plc and Lafarge Africa Plc.

The FIRS also appreciates the Northern Cables Processing and Manufacturing Limited (NOCACO) and Ikeja Electric Plc for being the most improved in tax filing and VAT compliance respectively.

Recall that the country’s top-performing taxpayers were scheduled to be unveiled, recognized and awarded by President Muhammadu Buhari at an exclusive dinner during the FIRS 2022 National Tax Week; this was however canceled in honor of the victims of the unfortunate attack on the Kaduna-Abuja railway on the 28th of March, 2022.

@views exclusive rights: Press Unit, Federal Inland Revenue Service, May 16, 2022.

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