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News & Announcements

FIRS and LASG to establish a combined tax audit system.

On Monday, a Memorandum of Understanding was signed by the Lagos State Government and the Federal Inland Revenue Service to establish a cooperative tax audit system.

The idea, according to Babajide Sanwo-Olu, the governor of Lagos State, is to eliminate duplication of efforts and make data sharing about the enforcement of current tax rules possible.

The MoU must be signed in order for both parties to be united, according to Sanwo-Olu.

“The MoU is in the best interest of the public, as it affirms the reason why we need to come together and strengthen the cordial working relationship between the two agencies,” he said.

Lagos state Government and the Federal Government couldn’t agree on how to collect value added tax in the state in 2021.

Sanwo-Olu signed a bill into law requiring Lagos to collect VAT in accordance with the Rivers state’s VAT statute.

The bill demanded that Lagos State be given the authority to collect VAT in place of FIRS, a representative of the federal government.

Speaking about the new development, the governor revealed the necessity of forging a united front in order to widen the tax base and increase the country’s tax share of GDP.

Sanwo-Olu claimed that despite the FIRS and Lagos Internal Revenue Service’s yearly impressive turnovers, the nation still has a subpar tax-to-GDP ratio of six to eight percent.

“Studies have shown that there would be better service delivery to the citizens and improvement in the efficiency of tax collection when the two agencies work together.

“The cost of tax collection would be reduced, we would see better customer satisfaction and more resources would be generated for the government to deliver more dividends of democracy.

“For us as a state, we are humbled by this collaborative effort and we believe our citizens will be the ultimate beneficiaries of this initiative,” Sanwo-Olu said.

The MoU, according to FIRS Chairman Muhammad Nami, will allow both parties to grow in their respective fields of expertise.

He pointed out that raising money for projects will benefit both Lagos State and the Federal Government.

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News & Announcements

More Revelations As FBI, Police Hunt Killers Of Nigerian Pastor’s Wife

The Federal Bureau of Investigation and the New Jersey Police have embarked on a joint operation to unravel the mystery surrounding the death of a Republican Councilwoman, Eunice Dwumfour.

The New York Post reported that Dwumfour was shot dead in front of her home in New Jersey, United States of America, on Wednesday, February 1, 2023.

She was said to be the wife of a Nigeria-based pastor, Eze Kings.

Dwumfour, 30, was reportedly hit by a yet-to-be-identified assailant while driving around her home.

The white Nissan SUV she drove crashed into two parked cars before coming to a stop.

A male witness, who spoke on condition of anonymity, said her car was hit with about 12 shots while travelling down Check Avenue toward Samuel Circle around 7.15 pm.

The vehicle eventually came to a stop after crashing into two parked cars, including the witness’ black Lexus GS350.
Chilling Snapchat footage of the aftermath of the incident showed Dwumfour’s body in the car while first responders surrounded the scene.

The witness said, “It took a second before I realized there was a dead body behind the wheel.

“She was slumped over the wheel with a black hoodie with brown fur covering her head; her hands were down by her side.

There was one bullet hole in the passenger door and a bunch of bullet holes in the driver’s door. Some other neighbours said they saw someone running away with a mask on.”

Meanwhile, CBS News reported that the FBI on Friday joined the police in search of those responsible for Dwumfour’s death.
Investigators from the Middlesex County Prosecutor’s Office reportedly combed the woods behind the La Mur complex for clues.

NY Post also reported that 20 Sayreville police officers were spotted combing the sides of a Garden State Parkway exit ramp headed toward the Jon Bon Jovi Service area on Thursday afternoon.

Shortly after, investigators at the murder scene told reporters that Dwumfour was caught on video speaking to the shooter just moments before her death.

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