Officials of the Federal Inland Revenue Service (FIRS) are on the trail of some 85,000 millionaire tax defaulters as part of its efforts to shore up government revenue base.
FIRS Executive Chairman Tunde Fowler made the disclosure yesterday when Acting Inspector-General of Police (IGP) Mohammed Adamu visited him at the Revenue House in Abuja
A statement signed by Wahab Gbadamosi, Head Communications & Servicom Departments quoted Fowler as saying that “the Service had realised the sum of N23 billion for its closer look at the books of over 45,000 tax defaulters, each of which had over N100 million as turnover in their accounts, while the Service is going after another set of 40,000 millionaire tax defaulters in 2019.”
The statement reads: “On Thursday (yesterday), Fowler said that the FIRS had identified 45,000 millionaire tax evaders last year, 2018 and recovered the sum of N23 billion through substitutions of their bank accounts.
