• Home
  • Top Stories
  • News
    • Photo News
  • Politics
  • Business
  • Crime & Security
  • Sports
  • Intimacy
  • About Us
    • Contact Us
    • Privacy Policy
    • Advert Rate
  • More
    • Opinion
    • Lifestyle & Entertainment
    • Foreign News
    • Health
Facebook Twitter Instagram
Monday, October 5
Facebook Twitter Instagram
Prompt News
  • Home
  • Top Stories
      Featured

      CAF confirms December 7 date for 2026 Awards in Lagos

      Sports October 3, 2026
      Recent

      CAF confirms December 7 date for 2026 Awards in Lagos

      October 3, 2026

      Kidnappers demand N1bn ransom for 20 corps members

      October 3, 2026

      Woman seeks divorce as husband accuses her of getting pregnant for lover

      October 3, 2026
    1. News
      1. Photo News
      Featured

      Group charges Osun Government on full Implementation of Disability Law

      News October 4, 2026
      Recent

      Group charges Osun Government on full Implementation of Disability Law

      October 4, 2026

      World Teachers’ Day: FG set to reward outstanding teachers with car gifts

      October 4, 2026

      “Shun Drug Abuse, It Kills Morality” – Marwa Tells Youths at NASFAT Conference

      October 4, 2026
    2. Politics
        Featured

        2027: Tompolo rallies Taraba for Tinubu, donates 25 campaign vehicles

        Politics October 3, 2026
        Recent

        2027: Tompolo rallies Taraba for Tinubu, donates 25 campaign vehicles

        October 3, 2026

        2027: Tinubu’s reforms yielding results, require consolidation – Tompolo

        October 2, 2026

        At 66, Nigeria on the path to a stronger, more prosperous nation – Yilwatda

        October 1, 2026
      1. Business
          Featured

          T.Pumpy Unveils Land Prices For Karsana Phase 5

          Business October 3, 2026
          Recent

          T.Pumpy Unveils Land Prices For Karsana Phase 5

          October 3, 2026

          NANS Backs Insurance Sector’s Transformation Agenda, hails NAICOM

          October 1, 2026

          Nigeria @66: Booming Banks, Struggling Nation, Where Is the Promised Prosperity?

          October 1, 2026
        1. Crime & Security
            Featured

            Kidnappers torture 20 NYSC members, cut ransom to N5m each

            Crime & Security October 4, 2026
            Recent

            Kidnappers torture 20 NYSC members, cut ransom to N5m each

            October 4, 2026

            Missing woman found in man’s house, arrested for alleged rape

            October 4, 2026

            NDLEA intercepts over N5bn drugs at ports, arrests Milan-bound businessman

            October 4, 2026
          1. Sports
              Featured

              Friendly: Club restrictions, injuries weaken Super Eagles ahead of Russia clash 

              Sports October 4, 2026
              Recent

              Friendly: Club restrictions, injuries weaken Super Eagles ahead of Russia clash 

              October 4, 2026

              Ajasa gets late Super Eagles call-Up for Russia friendly

              October 4, 2026

              29 Days to AACT 2026: IBB Renovation Underlines Nigeria’s Commitment to Hosting Africa

              October 4, 2026
            1. Intimacy
            2. About Us
              • Contact Us
              • Privacy Policy
              • Advert Rate
            3. More
              • Opinion
              • Lifestyle & Entertainment
              • Foreign News
              • Health
            Prompt News
            Home » FIRS assures MTN, others of friendly tax administration  
            Business

            FIRS assures MTN, others of friendly tax administration  

            Prompt NewsBy Prompt NewsFebruary 13, 2024Updated:February 13, 2024No Comments4 Mins Read
            Facebook Twitter LinkedIn Telegram Pinterest Tumblr Reddit WhatsApp Email
            FIRS-MTN-Tax
            Share
            Facebook Twitter LinkedIn Pinterest Email

            By Tony Obiechina, Abuja 

            The Executive Chairman of the Federal Inland Revenue Service (FIRS), Dr Zacch Adedeji, has assured Nigeria’s leading telco, Mobile Telephone Network (MTN) Nigeria Plc and others of a tax administration that is friendly, customer-centric and helps businesses to flourish and bear more fruits.

            Adedeji gave the assurance while receiving the Chief Executive Officer of MTN Nigeria Plc, Mr Karl Toriola, who led the management team of the company on a visit to the Revenue House in Abuja, on Tuesday.

            A statement by Dare Adekanmbi, Special Adviser on Media to the FIRS chairman said the resolve to create an environment of growth by removing every obstacle in the way of corporate entities was in line with the directive of President Bola Tinubu.

            The FIRS chairman, according to the statement, explained that the ongoing restructuring at the agency leading to the creation of a one-stop shop for taxpayers according to their turnover thresholds was part of measures aimed at easing payment of taxes.

            “The way we are structured now is that we have large taxpayers’ group, medium and small. Those in the large tax group are companies with turnover of N5b and above and I know that is where MTN belongs.

            “In the large tax category, you will now be required to pay all your taxes, including Company Income Tax, VAT and others in that one-stop shop where you can also have issues relating to audit sorted.

            “Essentially, the issue of multiple letters from various units within FIRS over almost the same matter has been taken off the system with the restructuring that we have done. We are now focused on providing the needed service to our customers,” Adedeji said.

            Using a tree-fruit metaphor for illustration, the FIRS chairman said: “Our purpose here, like President Bola Tinubu will always say, is not to kill or hew down the trees, but to water them so that they can bear more fruits.

            “The relationship between FIRS and you the taxpayers is symbiotic. Your existence actually determines our own existence. If you discover anything in our policies or operations that you are not conversant with, feel free to reach out to us for clarification. This is how we can co-exist,” he said.

            Earlier the CEO of MTN, Toriola pledged the support of the company towards the initiatives of the Federal Government and FIRS in increasing tax revenue.

            “We are here just to pay a courtesy visit and to congratulate you on your appointment and confirmation. We are also here to pledge our support as MTN Nigeria Plc towards the initiatives of the Federal Government of Nigeria and also for the organization towards making sure that you increase the tax revenue base of Nigeria.

            “I represent an organisation which is probably the largest in corporate Nigeria. We have been recognised over the years by a few awards given to us by FIRS on our compliance and diligence in paying our taxes.

            “Unlike many other organizations, we have physical presence in every single local government in Nigeria, and we impact the lives of almost everyone living in Nigeria. READ ALSO:

            • Group charges Osun Government on full Implementation of Disability Law
            • World Teachers’ Day: FG set to reward outstanding teachers with car gifts
            • Kidnappers torture 20 NYSC members, cut ransom to N5m each
            • Nigeria’s Power Problem Is Real; So Is The Progress Under Tegbe, By Tony Erha
            • BBNaija S11: Temi Nkem Emerges Winner

            “Over the years, through various administrations, we have taken pride in always being a partner and ally to the Federal Government and we do so by ensuring that we pay our taxes on time. We will never deliberately avoid taxes.

            “We will show every flexibility to support the various initiatives. As MTN Nigeria, we understand the kind of challenges the nation is facing, and we are here to be partners in getting the economy in its right place,” Toriola said.

            MTN VISIT:  Executive Chairman, Federal Inland Revenue Service (FIRS), Dr Zacch Adedeji (right), Chief Executive Officer, MTN Nigeria Plc, Mr Karl Toriola, during the telco’s visit to FIRS in Abuja on Tuesday.

            FIRS MTN Nigeria Tax
            Share. Facebook Twitter Pinterest LinkedIn Tumblr Telegram Email
            Previous ArticleEmefiele: Documents used to pay foreign observers $6.2m forged – Ex-SGF
            Next Article PTD to Members: Ignore NUPENG’s instruction to stop lifting petroleum products in some depots
            Prompt News

              Related Posts

              T.Pumpy Unveils Land Prices For Karsana Phase 5

              October 3, 2026

              NANS Backs Insurance Sector’s Transformation Agenda, hails NAICOM

              October 1, 2026

              Nigeria @66: Booming Banks, Struggling Nation, Where Is the Promised Prosperity?

              October 1, 2026
              Add A Comment

              Comments are closed.

              Recent Posts
              • Group charges Osun Government on full Implementation of Disability Law
              • World Teachers’ Day: FG set to reward outstanding teachers with car gifts
              • Kidnappers torture 20 NYSC members, cut ransom to N5m each
              • Nigeria’s Power Problem Is Real; So Is The Progress Under Tegbe, By Tony Erha
              • BBNaija S11: Temi Nkem Emerges Winner

              CONTACT INFORMATION

              Prompt News Online is published by PNO Dynamic Media Limited.

              Address: Suite 24, Abebi Plaza, Oluseyi, Sango – Eleyele Road, Ibadan, Oyo State, Nigeria.

              Managing Editor/CEO: Akeem Oyetunji

              Email: promptnewsonline@gmail.com or editor@promptnewsonline.com

              Phone/WhatsApp: +234806 286 2057
              Or 0805 386 6284

              ABUJA OFFICE: 
              Address: Suite D76, EFAB Mall
              Off Gimbya Street, Area 11, Garki, Abuja
              ABUJA BUREAU EDITOR: Harry Awurumibe
              Phone: 0803 302 4300
              Email: harryawurumibe360@gmail.com
              UK OFFICE:
              Address: 34 Skipper Court,
              Abbey Road, IG 11 7GW.
              Barking, London, UK.
              EDITOR EUROPE: Bolaji Oyegunle
              Phone +447878196776
              Email: gb10oyegunle@gmail.com
              © 2026 Prompt News Online. Designed by DeedsTech.
              • About Us
              • Contact Us
              • Advert Rate
              • Privacy Policy

              Type above and press Enter to search. Press Esc to cancel.