FIRS Lauds 20 Top Performing Tax Companies

The Federal Inland Revenue Service on Monday lauded twenty top-performing tax companies whose compliances helped the service surpass its N6 trillion tax collection target in 2021.

The Executive Chairman of FIRS, Muhammad Nami in a statement released on Monday disclosed that the feat was achieved due to the uncommon leadership of the President Muhammadu Buhari, the active support of its supervisor, the Federal Ministry of Finance, Budget and National Planning, the backing of the National Assembly and its leadership as well as the cooperation of all other stakeholders in the tax system.

The companies commended by FIRS in the statement include the Nigeria Liquefied Petroleum Gas (NLPG) Company Limited, Nigeria National Petroleum Company (NNPC) Limited, Mobil Producing Unlimited, Star Deep Water Petroleum Limited, MTN Nigeria Communications Plc, Shell Petroleum Development Company Limited, Chevron Nigeria Limited, Total E& P Nigeria Limited, Airtel Networks Limited, Nigerian Petroleum Development Company Limited, Nestle Nigeria Plc, and Dangote Cement.

Others were Nigerian Breweries Plc, Total Upstream Nigeria Limited, Indorama Eleme Petrochemicals Limited, Nigeria Agip Oil Company Limited, British American Tobacco Marketing, Guaranty Trust Bank Plc, Stanbic IBTC Bank Plc and Lafarge Africa Plc.

Nami wrote, “The service also appreciates Northern Cables Processing and Manufacturing Limited (NOCACO) and Ikeja Electric Plc for being most improved in tax filing and VAT compliance respectively. We urge all taxpayers to join hands with the Federal Inland Revenue Service to make taxation the pivot of our nation’s development and economic growth.”

This article was originally published on Nigeria News