BREAKING: Suspect shot dead inside Trump’s Mar-a-Lago Secure Perimeter named

Follow Us: Facebook Twitter Instagram YouTube
LATEST SCORES:
Loading live scores...
Headlines

EFCC hands over N104.1m recovered unremitted tax to Niger govt

EFCC hands over the sum of ₦104.1 million unremitted tax liabilities recovered from a company in Niger State to the government.

Quick Read

The recovery effort followed intelligence received by the Commission, in February 2025 indicating that the multi-billion-naira company had failed to remit its full tax obligations despite operating profitably within the state - a clear violation of both federal tax laws and Niger State revenue regulations.

By Ayorinde Oluokun/Abuja

The Economic and Financial Crimes Commission (EFCC) has handed over the sum of ₦104.1 million unremitted tax liabilities recovered from a company to the Niger State Government.

Dele Oyewale, the spokesperson for the anti-graft agency said in a statement that the fund was recovered from Kiara Rice Mills Limited, operating in Kpatsuwa Village, Mokwa Local Government Area of Niger State as unremitted tax liabilities of the company between 2021 and 2024.

According to the statement, the fund was recovered by the Ilorin Zonal Directorate of EFCC.

The recovery effort followed intelligence received by the Commission, in February 2025 indicating that the multi-billion-naira company had failed to remit its full tax obligations despite operating profitably within the state – a clear violation of both federal tax laws and Niger State revenue regulations.

“Upon investigation by the Foreign Exchange Malpractice Section of the EFCC, the Commission confirmed the infractions and secured full recovery of the outstanding taxes,” EFCC said.

The recovered fund was handed over to Niger State Government on Wednesday, November 12, 2025, at the Commission’s Office, GRA, Ilorin, Kwara State.

Speaking during the presentation ceremony, the Executive Chairman of the EFCC, Mr. Ola Olukoyede, represented by the Ilorin Zonal Director, Commander of the EFCC, CE Ansalem Ozioko, Ph.D., reaffirmed the Commission’s resolve to ensure that public funds are duly accounted for and returned to legitimate owners.

“The function of the EFCC is to prevent, investigate, and prosecute economic and financial crimes, recover what was stolen, and return it to the rightful owners. That is exactly what we are doing here today,” Olukoyede said.

He also called for sustained collaboration between the Niger State Government and the EFCC, emphasizing the need for transparency, accountability, and integrity in governance.

“We urge you to continue partnering with the Commission and to be ambassadors of the EFCC by reporting any act that fails the integrity test,” he said.

Receiving the recovered funds on behalf of the Niger State Government, Alhaji Aminu Bawa, Group Head of Tax Operations at the Niger State Internal Revenue Service, commended the EFCC for its diligence and professionalism.

“On behalf of the Niger State Government, I wish to express our sincere appreciation to the Commission for this commendable recovery effort. This development will have a direct and positive impact on the lives of our people,” he said.

He confirmed that the recovered sum would be credited into the state government’s account and deployed for developmental projects across Niger State.

Comments

×