The Federal Inland Revenue Service (FIRS) has initiated moves to recover over N3 billion unremitted taxes and other deductions made by the Cross River State Government from contractors and other sources as statutorily provided.
During a visit of the delegation of the service, to the state, led by the coordinator of the FIRS for Akwa Ibom, Bayelsa and Cross River State, Mr. Innocent Ohagwua, officials of the FIRS met with the state deputy governor, Professor Ivara Esu, in his office where they spoke of their mission to recover the unremitted funds from the Federal Government.
In the extracts of recordings of the meeting held last week which was made available to some newspapers, the FIRS coordinator, said:
“So, we are here sir, to raise some of the outstanding issues. And some of those outstanding issues, without wasting your time, if we need to quantify it in terms of outstanding, they are in excess of N3 billion.”
Ohagwua said, though the FIRS would prefer the arrears of outstanding deductions, especially taxes deducted from contractors and others, to be remitted service in bulk sum, they were prepared to provide a window of opportunity to the state to make such remittances in installments.
