BUHARI, ABBAS, AKUME, OTHERS AMONG AS WIKE REVOKES ALLOCATION OF 762 FCT LANDOWNERS. (PHOTO).

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 𝐁𝐮𝐡𝐚𝐫𝐢, 𝐀𝐛𝐛𝐚𝐬, 𝐀𝐤𝐮𝐦𝐞, 𝐎𝐭𝐡𝐞𝐫𝐬 𝐀𝐦𝐨𝐧𝐠 𝐚𝐬 𝐖𝐢𝐤𝐞 𝐑𝐞𝐯𝐨𝐤𝐞𝐬 𝐀𝐥𝐥𝐨𝐜𝐚𝐭𝐢𝐨𝐧 𝐨𝐟 𝟕𝟔𝟐 𝐅𝐂𝐓 𝐋𝐚𝐧𝐝𝐨𝐰𝐧𝐞𝐫𝐬 Nyesom Wike, the Minister of the Federal Capital Territory, has revoked the lands allocated to several prominent Nigerians, including former President Muhammadu Buhari, Speaker of the House of Representatives Tajudeen Abbas, and Secretary to the Government of the Federation George Akume, due to non-payment of Certificate of Occupancy fees. Also, 759 other prominent figures and organisations in Maitama II, Abuja. were also affected by the revocation which was for non-payment of Certificate of Occupancy. This was contained in a publication by the FCT Administration and made available to newsmen by the Special Adviser to the FCT Minister, Lere Olayinka. In a separate publication, the minister also threatened to revoke lands belonging to the Minority Leader of the House of Representatives, Kingsley Chinda; former presidents of the Sena...

REPS TO GO AFTER 5,000 COMPANIES OWING NIGERIAN GOVT N5. 2 TRILLION IN UNPAID TAXES. (PHOTO).


 Reps to go after 5,000 companies owing Nigerian Govt N5.2 trillion in unpaid taxes


The House of Representatives has mandated its committees to investigate the non-remittance of N5 trillion to the Federal Government by some businesses operating in Nigeria.


The decision to go after the tax defaulters followed the adoption of a motion moved by Esosa Iyawe on Thursday during plenary.


The House resolved to mandate the Committees on Public Account and Finance to probe the non-remittance by the organizations and recover the money owed the government.


Moving the motion, Iyawe said 5,000 companies owe the Federal Government N5.2 trillion between 2015 and 2019.


He said that there is another report stating that in 2021, some companies failed to remit over N17 billion.


“Audit reports from 2015 to 2019 which revealed government agencies owing hundreds of billions in FIRS taxes comprising underpayments and under-recoveries and over 5,000 Companies and Ministries, Departments and Agencies (MDAs) of the Federal Government owing (N5.2 Trillion) (five trillion, two hundred billion, Naira in withholding taxes,” he said.


He stated that some of the culprits are multinational corporations that the Federal Government is treating with kid gloves, while small businesses are subjected to multiple taxes.


The motion was taken unanimously without opposition.


The House directed the committees to report back to the in four weeks.

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