Nigerian govt pays states N157 bn tax arrears
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Nigeria, Nov. 8 -- The federal government has settled the N157.35 billion Pay As You Pay (PAYE) tax liabilities owed states by Federal Ministries, Departments and Agencies (MDAs), Chairman, Federal Inland Revenue Service, Tunde Fowler, has said.
Mr Fowler said the liabilities covered the period 2002 to 2016.
Mr Fowler spoke at the South-east zone of the New National Taxpayer Identification Number (TIN) Registration System on Thursday in Awka, Anambra State.
He expressed optimism that the remittances would encourage state governments to reciprocate and promptly remit all withholding taxes and value added tax (VAT) collections due to the Federation Account.
He said over the last four years, the economic policies of the current administr...
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