Friday, September 17, 2021

    Gov Wike Threatens To Shut Down Banks, Other Businesses That Pay VAT To FIRS

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    Naija247news Editorial Team
    Naija247news is an investigative news platform that tracks news on Nigerian Economy, Business, Politics, Financial and Africa and Global Economy.

    The governor of Rivers State has threatened that the state government will shut down the premises of any bank or
    business organisation in the state that continues to pay Value Added Tax (TAX) to the federal government through the Federal Inland Revenue Service. (FIRS).

    The governor stated this in Port Harcourt on Wednesday during an interactive session with corporate organizations in the state.

    He lamented that the federal government has purposely turned the states into beggars, by making them congregate regularly in Abuja to beg for funds, instead of utilizing their potentials to develop their respective states.

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