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    Lagos Reveals Alleged Tax Defaulters for Prosecution

    Julius AlagbeBy No Comments2 Mins Read
    Lagos Reveals Alleged Tax Defaulters for Prosecution
    Babajide Sanwo-Olu, Gov

    Lagos Reveals Alleged Tax Defaulters for Prosecution

    The Lagos State Government says it has begun prosecuting 45 individuals and companies for alleged tax defaults totalling billions of naira.

    Attorney-General and Commissioner for Justice, Mr Lawal Pedro (SAN), disclosed this in a statement released on Monday.

    Pedro said the defendants were recently arraigned before the Lagos Revenue Court for recovery of outstanding tax liabilities assessed by the state.

    He listed some defendants and liabilities: Chidi Ajaere Emmanuel, N35.4 million; Ifeanyi Uzoaru, N13.5 million; Mrs Olufunmilola Abe, N30.7 million; IENG Nigeria Ltd., N67.1 million.

    Others include James Fisher Nig. Ltd., N27.1 million; V Care Diagnostics Ltd., N14.2 million; Venture Garden Nig. Ltd., N72.3 million; Doheney Service, N14.3 million.

    Native Media Ltd. faces N24.1 million and N3.5 million; Saro Africa Int. Ltd., N24.5 million; Sheriff Deputies Ltd., N132.2 million, among others.

    Also listed are Unique V. Capital Management Ltd., N12.3 million; Alkones Petroleum & Gas Ltd., N17.7 million; Century Power Generation Ltd., N18.1 million.

    GMT Energy Resources Ltd. owes N145.9 million; Leaders & Company Ltd., N67.1 million; Bi-Courtney Aviation Services, N38.7 million; Heyden Petroleum Ltd., N33.2 million.

    Barry Callebaut Nig. Ltd. owes N33.5 million; Quick Mix Ltd., N19 million; AA Rescue, N27.8 million; Funds & Electronics Transfer, N97.8 million.

    Raybond Technical Ltd., N61.8 million; Centre for Management Development, N48.2 million; S.O. and U Ltd., N38 million; Union Diagnostics, N23.6 million.

    Eyowo Integrated Payment owes N16.2 million; Dee-Jones Petroleum & Gas, N55.9 million; Compact Manifold & Engineering Services, N25 million.

    Pedro said several defaulters earlier served pre-action notices had since paid and would no longer face prosecution. He urged taxpayers to comply with tax laws, especially filing annual returns and paying assessed liabilities.

    “Failure to comply attracts penalties, interest and possible prosecution with attendant consequences,” he said. # Lagos Prosecutes 45 Alleged Tax Defaulters Wema Bank Processed N32trn Transactions Via Digital Channels

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    Julius Alagbe is a senior financial journalist and Editor at MarketForces Africa with nearly two decades of experience in finance, accounting, and economics reporting.He is one of Nigeria's most prolific financial market reporters, covering capital markets, monetary policy, corporate earnings, banking, telecoms, and macroeconomic developments across Africa.Julius has built a strong footprint reporting on Nigeria's leading corporates and financial services sector, including coverage of the Nigerian Exchange Group, Central Bank of Nigeria monetary operations, MTN Nigeria, GTCO, and major investment banking transactions.He regularly monitors the CBN’s open market operations, interbank FX markets, and equity market movements, providing readers with real-time intelligence on Nigeria’s financial landscape.His reporting draws on direct access to institutional research from firms including Moody’s Ratings, CardinalStone Securities, Fitch, and other leading African investment houses.Julius brings analytical depth and editorial rigour to every story, making complex financial data accessible to professionals, investors, and policymakers across Africa.Julius Alagbe is based in Lagos, Nigeria.

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