Business
Taxes: LASG Warns Firms Against Leap Payment

Sole Administrator, Greater Port Harcourt City Development Authority (GPCDA), Amb. Desmond Akawor (middle), listening attentively to the explanation by the Secretary to the Board of the Authority, Mr John Singer (left), during an inspection visit to projects sites by the Administrator recently Photo: Ibioye Diama
The Lagos Inland Revenue Service (LIRS) has advised companies against evading taxes by jumping tax payments.
Mrs Ajibike Oshodi-Sholohla, Head, Distrain Unit of the service, made the appeal after the service sealed three companies for failure to remit N7.33 million personal income tax.
Oshodi-Sholohla told newsmen that “some companies which are yet to remit their personal income taxes for 2011 and 2012 will evade the taxes and remit that of 2015’’.
“What most companies do is to remit the current tax levies to the state government while they leave behind those of previous years.
“Tax payment is a civic responsibility of everyone because that is the major source of government revenue through which it can provide the necessary amenities for the citizens,” she said.
Oshodi-Sholola, who led the enforcement team, said that the affected companies had unpaid tax liabilities ranging from 12 months to three years.
The team leader said that the enforcement would continue until tax-payers imbibed the culture of voluntary tax compliance, adding that tax evasion was a criminal act.
Oshodi-Sholohla urged companies to remit their taxes promptly to avoid being sealed by the tax enforcement team.
Business
Kenyan Runners Dominate Berlin Marathons
Kenya made it a clean sweep at the Berlin Marathon with Sabastian Sawe winning the men’s race and Rosemary Wanjiru triumphing in the women’s.
Sawe finished in two hours, two minutes and 16 seconds to make it three wins in his first three marathons.
The 30-year-old, who was victorious at this year’s London Marathon, set a sizzling pace as he left the field behind and ran much of the race surrounded only by his pacesetters.
Japan’s Akasaki Akira came second after a powerful latter half of the race, finishing almost four minutes behind Sawe, while Ethiopia’s Chimdessa Debele followed in third.
“I did my best and I am happy for this performance,” said Sawe.
“I am so happy for this year. I felt well but you cannot change the weather. Next year will be better.”
Sawe had Kelvin Kiptum’s 2023 world record of 2:00:35 in his sights when he reached halfway in 1:00:12, but faded towards the end.
In the women’s race, Wanjiru sped away from the lead pack after 25 kilometers before finishing in 2:21:05.
Ethiopia’s Dera Dida followed three seconds behind Wanjiru, with Azmera Gebru, also of Ethiopia, coming third in 2:21:29.
Wanjiru’s time was 12 minutes slower than compatriot Ruth Chepng’etich’s world record of 2:09:56, which she set in Chicago in 2024.
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