The move, according to SUNDAY PUNCH’s investigations, is part of a renewed effort by the agency to boost tax revenue to fund the programmes of the Federal Government.
Statistics obtained from the service revealed that out of the 450,000 companies in Nigeria, only 125,000, representing 27.7 per cent, pay any form of taxes.
Going by this figure, it implies that about 325,000 companies are evading tax, thus denying the government huge revenue annually.
In the 2015 fiscal year, the FIRS was given a revenue generation target of N4.5tn by the Federal Government and it has so far generated N2.667tn.
