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NNPC destroys 134 Illegal Refineries Recently

A destroyed refinery  By Favour Ifeoluwa & Akinola Ajibade  The Nigerian National Petroleum Company Limited( NNPCL) says it has destroyed 134 illegal refineries in the last few weeks.  Also, the company said  63 illegal pipeline connections were uncovered during the the weeks .  The corporation, In a visual report, stated that at about 2 am on Sunday, a joint team of security agents discovered a large wooden boat illicitly loading stolen crude oil from Barge AGS01 within the OML 18 operating area, noted intelligence report a large wooden wooden boat was caught receiving crude oil from the barge.  According to the state-owned oil firm, while the barge was towed away with a tugboat in custody, five speedboats used in towing the large wooden boat to the illegal loading site were also detained and the particulars of the tugboats and barge used for the operation were reportedly seized for further investigation.  It further said that two large boats, which involve
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March 31 Deadline For

LIRS, Chair, Mr Subair


By Favour Ifeoluwa & Akinola Ajibade


Individual taxpayers in Lagos state  have less than five weeks to file their Tax Returns,  Lagos  Internal Revenue Service ( LIRS) has said.

The body, in  statement, by its Executive Chairman, made available to the media and signed yesterday( Sunday) by its Head Corporate Communications, Monsurat Amasa-Oyelude, gave March 31, as deadline for filling of the Annual Tax Returns,  adding that the development is in compliance with the stipulations containin the Personal Income Tax Amendment Act (PITA) Cap P8 2011. 

The statement added:  " Under Section 41 of the Amendment Act, all taxable entities must submit a return reflecting their total income from all sources for the preceding fiscal year to the relevant state tax authority within 90 days of the commencement of each new assessment year. 

It quoted Mr. Subair as underscorimg the importance of adhering to the deadline as he urged all individual taxpayers, including self-employed individuals and employees under the PAYE scheme in Lagos State to fulfill their obligation by the stipulated date to avoid penalties and other statutory consequences.

Emphasizing that tax returns should be submitted exclusively through the LIRS eTax portal, which can be accessed at https://etax.lirs.net, the LIRS boss said all taxable entities within Lagos State must register on the eTax portal, which has been designed to provide ease, convenience, and security to taxpayers.

“In furtherance of our commitment to facilitating compliance for taxpayers, dedicated tax officers are available at our various tax stations to assist individuals in completing online registration and tax return submissions via the eTax portal”, Subair added.

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