Tax evasion: FIRS seals off TCN Headquarters

Energy Worth with Agency Report

Federal Inland Revenue Services (FIRS), has sealed off of the corporate headquarters of Transmission Company of Nigeria (TCN), over unremitted taxes.

Though details of the tax liability were still sketchy during press time, it was gathered that the workers were locked out of the premises of TCN situated at Maitama area of the Federal Capital Territory, FCT, Abuja, the News Agency of Nigeria (NAN) has reported.

However, an official of FIRS told Vanguard that the organization was doing its normal tax administration work.

According to him, “the TCN has agreed on a payment plan for agreed outstanding, while the balance is to be reconciled.”

Reacting to the development, National Union of Electricity Employees, NUEE, through its General Secretary, Joe Ajaero, called for the immediate resolution of the issue because of the sensitive nature of TUC to power supply in the country.

In a statement, NUEE said it expected TCN not to have defaulted in its lawful responsibility in the remittance of tax in any form, declaring among others that due to ”the sensitivity of power sector to the socio-economic development of this nation and the critical role TCN plays in this regard. ”

It beats our imagination that a flawless process was not followed to advert this development regrettably, TCN and FIRS are agencies of the same federal government. The negative impact of the seal off is highly unimaginable and speaks volumes to be ignored by the supervising ministries. It is, therefore, our hope that government will wade in and arrest this unholy development. ”

Consequently, Government and the public should please take note of the seeming blackout that looms since our members are prevented from carrying out their lawful duties in the service of providing power to the country.

“While this impasse lasts, our members are directed to stay in their respective homes since they have been locked out by an agency of government. We may be compelled to use all legal means available to us to drive home our point if the situation is not urgently arrested.”