Report: Davido, Obasanjo Farms, Others Owing Govt. Tax

Davido

According to the Federal Inland Service (FIRS), Nigerian singer Davido is among the list of people/companies yet to update their tax status.

The full list has about 19,901 accounts and the FIRS have given them all 29 days to shape up or see it get deducted from their bank accounts

The notice to Davido and the other companies read in part:

“This is to notify all Companies, which had their Bank Accounts placed under Lien by the Federal Inland Revenue Service (FIRS) pursuant to Section 31 of the FIRSE Act, but are yet to regularise their tax status with the FIRS, that if they fail, refuse or neglect to pay the tax due within 30 days of this Notice, the FIRS shall in accordance with Section 49 (2) (a- d) of the FIRSE Act proceed and enforce the payment of the said tax against all the Directors, Managers, Secretaries and every other person concerned in the management of the Companies and recover the said tax from such persons without further notice,” it said.

“For the avoidance of doubt, the above Section authorises the FIRS to proceed against and punish every officer, Manager, Director, Secretary or any person concerned with the management of the Company in like manner as if he/she had committed the offence.”

In a news post on LIB, some of the companies listed were:

  • Citiroof Aluminium Co. Ltd
  • Coldstone Creamery Limited (Yaba)
  • Davido Music Worldwide Ltd
  • Grand Square Supermarket and Stores Ltd
  • Iyiola Omisore & Par
  • Open Heavens Bliss Enterprises
  • The Assemblies of God Nigeria
  • X3M Music Limited
  • Tiger Foods Limited
  • Slot Enterprises
  • Payporte Technology Limited
  • Visionscape Sanitation Solutions Limited
  • Erisco Foods Limited Milk Cube account
  • God is Good Motors (Vehicle sales account)
  • Hubmart Stores Limited
  • Obasanjo Farms Nig. Ltd (Feedmill)
  • United Capital Plc

Davido seemed to respond to this in a tweet where he said: “Lol I’m on my cash shit”

He seems pretty unconcerned and it would be interesting to see where things go from here.

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