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BREAKING: LIRS SHUTS DOWN 34 COMPANIES OVER TAX DEBTS

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…promises to Shut down more

AJAGBE ADEYEMI TESLIM

SPONSORED BY: H&H

The Lagos State Internal Revenue Service (LIRS) has closed down 34 corporate organizations for failing to remit Personal Income Taxes of their employees and for non-remittance of Consumption Taxes by operators in the hospitality sector to the Lagos State Government.

August24news.com gathered that some of these companies include NTS Nigeria Ltd., Med-In Hospital & Pharma Services Ltd., Danvic Petroleum Int’l Ltd., Business Intelligence Technology, Avaya Nigeria Ltd., Gladstone Tech Ltd., Courier Plus Services Ltd., Kurioucity Ltd., Medilag Ventures Ltd., Future Oilfields, and Seven Six & Ten Limited.

During the same operation, 23 hotels, restaurants, and event facilities were also closed for failure to deduct and remit Consumption taxes. These businesses include Blitz Suites & Hotel, Offshoroomz Hotel, God’s Grace Hotel, De Orange Place Ltd., De Santos Hotel, Kentade Hotel Limited, Chamcee, Chelsea Suites, Falode Hotels, High Climax Hotel, Chez Moi Apartment, Excellence Hotel, Bereans Venture (Tantalizer Ebute Metta), La Avril Hotel & Suites, De Orange Place Ltd., Milaco Guest House, New World Inn, Model Motels Ltd, Rely Maritime Ltd, 4 Seasons Hotel, Dream Land Hotel, 343 North Restaurant and Lounge, and Jade Palace Chinese Restaurant.

Mr. Seyi Alade, the Director of Legal Services LIRS, made this announcement while addressing a state-wide tax law enforcement exercise conducted by the Service in Lagos on Monday. Alade reported that the tax liabilities of these companies and hotels amounted to more than =N= 356.12 million. He said their actions have caused the State Government loss of revenue.

He explained that the Agency had previously reduced its enforcement activities to promote voluntary compliance by taxpayers. However, certain companies and hotels chose to engage in tax evasion. Therefore, the renewed enforcement activities of the Service are targeted at such companies, restaurants, hotels, and event centres. He emphasized that the primary goal is to secure compliance with the remittance of Consumption and Personal Income taxes, enabling the Lagos State Government to carry out projects intended for the well-being of the vast populace resident in Lagos State.

Mr. Alade further reiterated that “these companies deduct Personal Income taxes from their employees’ salaries at the end of each month, and charge consumption taxes on goods and services purchased by customers.

Unfortunately, some unpatriotic firms choose to withhold these payments, illegally converting the funds for their own use.”

He issued a warning that failing to file tax returns or engaging in tax evasion are considered criminal offences that may result in financial penalties and, in some cases, custodial sentences upon conviction.

The Agency is currently prosecuting some High-net-worth individuals and companies that failed to file their Returns, he said courts have issued Bench Warrants for some taxpayers in this category and three arrests have been made pursuant to these Warrants, they are Platinum Apartments & Suites, The Moonlight Place Enterprises and Jezreel Nursery and Primary School.

He warned that the enforcement exercise shall be a continuous one and it shall be visited on all erring companies, hotels, restaurants, and Individuals in the State if they refuse to regularize their tax positions immediately or if they fail to comply with all extant tax laws operational in Lagos State.

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Bristow Helicopters Plans Collaboration with NCDMB on Centre of Excellence, Search and Rescue Operations

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Bristow Helicopters Plans Collaboration with NCDMB on Centre of Excellence, Search and Rescue Operations

AJAGBE ADEYEMI TESLIM

SPONSORED BY: H&H

The Management of Bristow Helicopters recently visited the Nigerian Content Development and Monitoring Board (NCDMB) and proposed to partner closely with the Board on initiatives such as the establishment of a centre of excellence in the aviation sector, commencement of a search and rescue service and the introduction of light-wing aircrafts into the Nigerian oil and gas industry.

Managing Director of Bristow Helicopters Nigeria, Mr. Oladapo Oyeleke exchanging gifts with the Executive Secretary of the NCDMB, Engr. Felix Omatsola Ogbe, after the courtesy at the Board’s headquarters in Yenagoa, Bayelsa State.
The Managing Director of Bristow Helicopters Nigeria, Mr. Oladapo Oyeleke led the company’s team that met with the Executive Secretary of the NCDMB, Engr. Felix Omatsola Ogbe at the Board’s headquarters in Yenagoa, Bayelsa State.


He said the visit was an opportunity to congratulate the Executive Secretary on his appointment and reaffirm the company’s commitment to NCDMB’s mandate as well as explore areas of possible collaboration.

He stated that Bristow Helicopters is the global leader in the provision of helicopter services and has operated in Nigeria for over 65 years.


He acknowledged that the company had found comfort in the Nigerian environment and currently provides services to diverse clientele within and outside the Nigerian oil and gas industry using its fleet of aircrafts. “We carry 3000 passengers every day. The magnitude of our impact cannot be overemphasized,” he asserted.

Managing Director of Bristow Helicopters Nigeria, Mr. Oladapo Oyeleke with Executive Secretary of the NCDMB, Engr. Felix Omatsola Ogbe and other officials of both organisations, after the courtesy call by Bristow Helicopters at the Board’s headquarters in Yenagoa, Bayelsa State.


The Managing Director maintained that Bristow Helicopters brings innovation to its service, stressing that the development of the Nigerian energy sector relies heavily on the company’s support and services. “You can only access deepwater projects that are about 200 nautical miles using our services. You cannot get there by boat,” he noted.


In the area of human capacity development, the Managing Director claimed that the company has trained over 300 Nigerian pilots and engineers in partnership with the NCDMB. According to him, “We have done very well in human capacity development. We trained Nigerian pilots and engineers heading the aviation departments of most international oil companies.”


Speaking further on the company’s local content strides, particularly in human capacity development, Oyeleke stated that the company started appointing Nigerians to the position of chief executives 10 years ago, despite Bristow Helicopters being an international brand. He affirmed that “the company pursues local content without diluting value and safety.”


On possible areas of collaboration with the NCDMB, the Managing Director of suggested that Bristow Helicopters and NCDMB could partner in setting up a centre of excellence for effective training of manpower that would work in the aviation subsector of the oil and gas industry.

He emphasised that his company brings years of global excellence and always tries to raise the bar.


Another possible area of partnership according to him is in the introduction of search and rescue support services in the oil and gas industry.

He indicated that Nigeria has a sizable number of vessels operating in the oil and gas industry, yet there is a weak search and rescue support system. He mentioned that Bristow Helicopters is the global leader in the provision of such services and planned to bring that expertise to the Nigerian market.


The third possible area of collaboration for both organisations is the planned investment in light-wing aircrafts for the Nigerian industry. According to Oyeleke, “the aircrafts will come in the 4th Quarter of 2024 if the market takes us there. We plan to train Nigerians to become the pioneers of that fleet and they can become the ambassadors.”


The Executive Secretary of the NCDMB, Engr. Felix Omatsola Ogbe in his comments, lauded Bristow Helicopters for their professionalism and offering excellent services to the oil and gas industry over the past six decades.

He expressed interest in the opportunities presented by the new light-wing aircrafts and confirmed that the Board would seek to train young Nigerians to acquire capabilities required to operate the aircrafts.

Ogbe also pledged the Board’s support for Bristow Helicopters’ plan to introduce search and rescue services in the Nigerian oil and gas industry. Such services would be challenging and expensive to deploy, but would ultimately add great value to the industry, he concluded.

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Appointments: New chair, Awomolo, accused of dictatorship as fresh crisis hit Body of Benchers

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Appointments: New chair, Awomolo, accused of dictatorship as fresh crisis hit Body of Benchers

AJAGBE ADEYEMI TESLIM

SPONSORED BY: H&H

A fresh crisis is brewing within the Body of Benchers, the apex regulatory body for the legal profession in Nigeria, as the new chairman, Asiwaju Adegboyega Awolomo SAN, is accused of unilaterally reconstituting all committees without the customary approval of the Board.

Awolomo’s decision to dissolve all existing committees and appoint new members, allegedly bypassing the established protocol of seeking Board approval, had elicited strong reactions from members, with some likening his actions to those of a dictator.

One prominent committee affected by this action is the Membership Committee, which Austin Alegeh SAN headed. Alegeh, a former President of the Nigerian Bar Association (NBA), was appointed for a three-year term under the tenure of the immediate past Chairman, Honourable Justice Mary Peter-Odili. Awolomo’s decision to disregard this and other ongoing appointments has sparked considerable discontent among members, our correspondent reliably gathered.

Irked by the unilateral action, Alegeh wrote a protest letter dated May 2, 2024, to the Secretary of the Body, complaining about the illegality of Awolomo’s steps and demanding a reversal our correspondent reliably learnt. Nonetheless, this protest has reportedly been ignored by Awolomo, who has refused to reverse his actions.

However, speculation suggests that Awolomo’s actions may be fueled by anger over the Membership Committee’s previous refusal to approve his wife, Chief Mrs Victoria Awomolo SAN, as a member of the Body of Benchers.

It will be recalled that there was stiff opposition to the emergence of Chief Awomolo as Vice Chairman of the Body Benchers by the NBA who had instead put forward Mrs. Funke Adekoya SAN as its preferred candidate as approved by its NEC.

The Body eventually approved his appointment after the intervention of well-meaning members including the then Chairman Chief Wole Olanipekun SAN. 

Many members have threatened to have a showdown with Awomolo at the next meeting of the Body with some said to be contemplating legal action against him and the Body. 

Our correspondent also gathered that the next meeting of the Body of Benchers has been fixed for 27th June 2024 and promises to be a very heated session.

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LAWMA Launches “Know Your PSP” Campaign for Effective Service Delivery

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LAWMA Launches “Know Your PSP” Campaign for Effective Service Delivery

AJAGBE ADEYEMI TESLIM

SPONSORED BY: H&H

The Lagos Waste Management Authority (LAWMA), has launched “Know Your PSP” campaign, an initiative aimed at improving communication and cooperation between residents and Private Sector Participation (PSP) operators, responsible for waste collection.

Commenting on the initiative, managing director/CEO of LAWMA, Dr. Muyiwa Gbadegesin, said the campaign was aimed at improving waste management practices throughout the state, adding that the initiative would provide residents with detailed information about the specific PSP operators assigned to their areas, for contact and for reporting issues or requesting additional services.

He said, “The ‘Know Your PSP’ campaign is a crucial step in our on-going effort at improving waste management in Lagos State. By equipping residents with the knowledge of who their PSP operators are and how to reach them, we are fostering a collaborative effort for a cleaner city. This initiative will not only enhance service delivery but also promote accountability and responsiveness among PSP operators.”

Gbadegesin said LAWMA had established dedicated helplines and online platforms, where residents could easily access information about their designated PSP operators, report issues, and provide feedbacks, adding that this would make it easier for residents to communicate with their waste services providers, so that challenges were promptly addressed and services consistently delivered.

He noted further, that investigation showed that some residents did not even know their PSP operators nor their contacts, making it impossible to interface with them, on any area of service provision.

“By providing residents with easy access to information and a direct line of communication with their PSP operators, we are making it easier for them to report issues and request services. This streamlined approach will help us address concerns more efficiently and ensure that waste collection services meet the needs of all residents”, he said.

The LAWMA boss appealed to the populace to desist from acts of indiscriminate waste dumping and patronage of the outlawed cart pushers, capable of worsening environmental challenges in the metropolis, especially flooding, as the rains set in.

For more information about LAWMA’s initiatives and how to support efforts to maintain a clean environment, please visit www.lawma.gov.ng or call our toll-free numbers: 080000LAWMA (08000052962), 07080601020 and 617.

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