Home Topics LIRS

LIRS

Nigeria Police

Man allegedly detained, extorted for cautioning policemen over reckless driving

An office support staff of the Lagos State Inland Revenue Service (LIRS), Mr. Michael Green, has alleged that he was detained at Makinde Division, on false accusation of being a thief and phone snatcher.
Monalisa Chinda-Coker

Nollywood actress Monalisa Chinda’s tax case adjourned till October 10

A Lagos High Lagos in Igbosere Thursday fixed October 10 to resume the trial of Nollywood actress and producer, Monalisa Chinda-Coker, for alleged tax evasion.

Tax evasion: Court renews Jay Jay Okocha’s arrest warrant

A Lagos State prosecutor, Y. A. Pitan, has told an Igbosere High Court in Lagos that former Super Eagles captain, Austin Okocha, has not liquidated the alleged tax debt he owed the state.

FIRS: VAT designed to support poor Nigerians, not a burden

The Executive Chairman, Federal Inland Revenue Service (FIRS), Mr. Tunde Fowler, has stated that Value Added Tax (VAT) is primarily designed to support poor Nigerians and not to create hardship for them, as it is charged on consumption and capacity to consume.
Ayodele Subair

Lagos revenue agency directs employers to deduct 10% as tax from terminal benefits

The Lagos Inland Revenue Service (LIRS) has directed employers to deduct capital gains tax (CGT) from any sum paid to employees on termination of their services.

LIRS: No case of multiple taxation in Nigeria

Lagos Inland Revenue Service (LIRS) director Shade Coker says contrary to widely-spread belief, there are no cases of multiple taxation in Nigeria

Lagos government urged to simplify land title documents process

A property consultant, Mr Chudi Ubosi, on Monday called on Lagos State Government to simplify the processing and granting of Certificate of Occupancy (C of O), Layout Permit and other land title documents.

Lagos government generates N103.5 billion revenue in Q1 2018

The Lagos State Government generated an Internally-Generated Revenue (IGR) of about N103.5 billion for the first quarter of 2018.

Court hears hotel owners suit against Lagos government

A Federal High Court in Lagos on Tuesday fixed May 7 to hear a suit challenging the new Hotel Occupancy and Restaurant Consumption Law of Lagos State.

Lagos government to challenge court order suspending consumption tax law

The Lagos State Government has rejected an injunction by a Federal High Court sitting in Ikoyi which temporarily restrained it from enforcing the provisions of the 2017 Hotel Occupancy and Restaurant (Fiscalisation) Regulations 2017.

Experts: Nigeria’s tax to GDP ratio one of the poorest in Africa

Financial experts have lamented the country’s tax to GDP ratio, describing it as one of the poorest in Africa.

Alpha Beta: No contract with Lagos govt on new land use law

Alpha Beta Consulting said on Thursday that it has no contract with the Lagos State Government in execution of the state’s newly-introduced land use law.

Babatunde Fowler: We’ll sell properties of companies who don’t pay tax

Babatunde Fowler, executive chairman, Federal Inland Revenue Service (FIRS), says the federal government is processing court documents that will allow it sell properties of companies who have been evading taxes.

LIRS: Lagosians have the right to appeal land use charge

Ayodele Hamzat Subair, executive chairman of the Lagos Inland Revenue Service (LIRS), says citizens have the right to appeal land use charges if they feel it is an unjust amount.

Lagos govt shuts 20 hotels, events centres over tax evasion

The Lagos State Internal Revenue Service (LIRS) has shut down 20 hotels, restaurants and event centres because of their failure to remit taxes.

How VAIDS’ll expose wealthy tax debtors – LIRS chair

Mr. Hamzat Ayodele Zubair, Chairman, Lagos Inland Revenue Service (LIRS), has stated that wealthy Nigerians who have been underpaying taxes will be easily exposed if they fail to take advantage of the Voluntary Assets and Income Declaration Scheme (VAIDS).

Lagos revenue agency to commence automated collection of tax from hotels, others

In line with global best practice in the use of technology and automated solutions, the Lagos State Internal Revenue Service has introduced recently an Electronic Revenue Assurance System for Hotels, Restaurants, Night Clubs and Event Centres in Lagos State to elicit automatic compliance with the extant Hotel Occupancy and Restaurant Consumption Tax Law of Lagos State as amended.

Lagos govt moves against celebrity tax defaulters

The Lagos State Government has begun moves to tackle high-profile tax defaulters in the state and ensure high level of compliance with its tax laws.

Recent Stories

National Emergency Management Agency (NEMA), on Monday accused members of the Shiite group, Islamic Movement of Nigeria, of burning down two ambulances at the Agency’s Emergency Response and Ambulance Bays (ERABs) in Abuja.

NEMA: Shiites burnt down two quick response ambulances

National Emergency Management Agency (NEMA), on Monday accused members of the Shiite group, Islamic Movement of Nigeria, of burning down two ambulances at the Agency’s Emergency Response and Ambulance Bays (ERABs) in Abuja.
Nigerian Stock Exchange NSE

NSE indices resume with 40% loss amid profit taking

Activities on the nation’s bourse opened for the week on Monday on downward posture, with crucial market indices shedding 0.40 per cent.
Head of the Civil Service of the Federation, Mrs Winifred Oyo-Ita

Winifred Oyo-Ita: Unrealistic demands by labour unions hampering implementation of new minimum wage

The Federal Government has revealed that the new minimum wage of N30,000 is yet to be implemented in full across the board in the Federal Civil Service because of unrealistic demands of the labour unions.
Abba Kabir Yusuf

Tribunal: PDP tenders 241 exhibits against Governor Ganduje’s election

Abba Kabir-Yusuf, the Peoples Democratic Party (PDP) candidate in the March 23 Governorship election in Kano State, on Monday, tendered 241 exhibits before the state Governorship Election Petition Tribunal.
Dr Gloria Obioh, Head of Department of Environmental Biotechnology and Bio- conservation Department, National Biotechnology Development Agency (NABDA) stated this in an interview with newsmen.

Federal government set to deploy biogas for power generation

The Federal Government on Monday in Abuja affirmed its readiness to deploy biogas for electricity generation in the country.