Tax Law: ‘It’s Not New’ – Why LIRS Can Direct Banks To Remit Defaulters’ Funds

Naijanews | 26-01-2026 07:16pm |

The Lagos State Internal Revenue Service (LIRS) has defended its power to direct banks, employers and other third parties to remit funds belonging to tax defaulters to the state government, insisting that the provision is long-established and not a new policy. Speaking with The PUNCH, the Special Adviser to the Chairman of LIRS, Tokunbo Akande,

Stay Updated with the Latest News!

Don't miss out on breaking stories and in-depth articles.