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FG Moves To Freeze MultiChoice Bank Accounts Over N1.8trn Tax Fraud
The Federal Inland Revenue Service (FIRS) has appointed some commercial banks to recover the sum of N1.8trillion from Messrs MultiChoice Nigeria Limited and MultiChoice Africa.
A statement signed by the Executive Chairman of the FIRS, Muhammad Nami, confirmed the appointment, and outlined the reasons for the decision as the group’s continued refusal to grant FIRS access to its servers for audit, the companies’ persistent breach of agreements and undertakings with the service, under-remittance of taxes, among other things.
This was disclosed in a statement, yesterday, by the service’s Director of Communications and Liaison, Abdullahi Ahmad, titled, ‘Federal Inland Revenue Service (FIRS) Appoints Commercial Banks to Freeze and Recover N1.8trillion from the Accounts of Messrs Multi-Choice Nigeria Limited (MCN) and MultiChoice Africa (MCA)’.
It read in part, “The FIRS has appointed some commercial banks as agents to recover the sum of N1.8trillion from accounts of Messrs MultiChoice Nigeria Limited (MCN) And MultiChoice Africa (MCA). This was contained in a statement signed by the Executive Chairman, Muhammad Nami.
“The statement confirmed that the decision to appoint the banks as agents and to freeze the accounts was as a result of the group’s continued refusal to grant FIRS access to its servers for audit.
“It was discovered that the companies persistently breached all agreements and undertakings with the service, they would not promptly respond to correspondences, they lack data integrity and are not transparent as they continually deny FIRS access to their records.
“Particularly, MCN has avoided giving the FIRS accurate information on the number of its subscribers and income.
“The companies are involved in the under-remittance of taxes which necessitated a critical review of the tax-compliance level of the company”.
According to the statement, the group’s performance does not reflect in its tax obligations and compliance level in Nigeria.
“The level of non-compliance by MultiChoice Africa (MCA), the parent Company of Multi-Choice Nigeria (MCN) is very alarming. The parent company, which provides services to MCN has never paid Value Added Tax (VAT) since its inception.”
The statement noted that based on the information currently at the disposal of the FIRS, the MultiChoice group and Messrs MultiChoice Nigeria Limited have a tax liability for relevant years of ¦ 1,822,923,909,313.94 and $342,531,206.
“The issue with Tax collection in Nigeria, especially from foreign-based companies conducting businesses in Nigeria and making massive profit is frustrating and infuriating to the (FIRS).
“Regrettably, companies come into Nigeria just to infringe on our tax laws by indulging in tax evasion. There is no doubt that broadcasting, telecommunications and the cable-satellite industries have changed the face of communication in Nigeria. However, when it comes to tax compliance, some companies are found wanting.
“They do with impunity in Nigeria what they dare not try in their countries of origin,” Nami said.
According to the FIRS boss, Nigeria contributes 34% of total revenue for the MultiChoice Group.
The next to Nigeria from intelligence gathering is Kenya with 11%, and Zambia is in 3rd place with 10%.
The rest of Africa where they have a presence accounts for 45% of the group’s total revenue.
It added that, “Under FIRS powers in Section 49 of the Companies Income Tax Act Cap C21 LFN 2004 as amended, Section 41 of the Value Added Tax Act Cap V1 LFN 2004 as amended and Section 31 of the FIRS (Establishment) Act No. 13 of 2007, all bankers to MCA & MCN in Nigeria were therefore appointed as Collecting Agents for the full recovery of the aforesaid tax debt.”
Therefore, all the affected banks were required to sweep balances in each of the above-mentioned entities’ accounts and pay the same in full or part settlement of the companies’ respective tax debts until full recovery.
The FIRS further directed the banks to carry out the sweep balances before the execution of any transaction involving the companies or any of their subsidiaries, adding that the service should be informed of any transactions before execution on the account, especially transfers of funds to any of their subsidiaries.
While expressing the service’s displeasure at tax evasions committed by foreign-based companies operating within the country, Nami emphasized the need to put a stop to all tax frauds in the country.
“All companies must be held accountable and made to pay their fair share of relevant taxes including back duty taxes owed especially VAT”.
He added that all companies must be held accountable and made to pay their fair share of relevant taxes including back duty taxes owed, especially VAT for which they are ordinarily agents of collection.
News
FG Reiterates Commitment To Strengthen Security Cooperation With U.S.
The Federal Government has reiterated its commitment to strengthen security cooperation with the United States (U.S.) in protecting lives and property, and restoring security across the country.
This followed a plenary session of the Nigeria – United States Joint Working Group to address the Country of Particular Concern (CPC) designation of Nigeria, held at the Office of the National Security Adviser (ONSA).
This is contained in a statement issued by Malam Rabiu, Special Assistant on Media to the Minister of Information and National Orientation in Abuja, yesterday.
In the statement, the Minister of Information and National Orientation, Alhaji Mohammed Idris, said that the engagement was part of sustained efforts to strengthen Nigeria’s security partnerships and deliver tangible results for citizens.
“This is the third high-level engagement with senior U.S. officials since November 2025. It shows that our partnership is active, serious, and focused on outcomes that matter to Nigerians.
“This bilateral partnership reflects not only our shared commitment to religious freedom and civilian protection, but also a mature strategic relationship grounded in trust, candour, and shared responsibility.
“Cooperation between Nigeria and the U.S. has led to real operational gains.
“Our military and security agencies are working closely with U.S. partners through intelligence sharing and operational coordination.”
According to the minister, it also strengthened ongoing operations, including Operation Hadin Kai in the North East and Operation Fasan Yamma.
He added that the U.S. had committed to the timely delivery of outstanding military equipment, including drones, helicopters, platforms, spare parts, and support systems procured over the past five years.
“We want Nigerians to know that this partnership is working. These efforts are not abstract. They are yielding results, and they will continue to do so”.
On domestic security measures, the Minister recalled that President Bola Tinubu had formally declared national security emergencies in vulnerable and high-risk areas.
He also authorised intensified joint operations, and directed the sustained deployment of security forces to priority locations.
“Nigeria is acting decisively. Security agencies have clear instructions to protect communities and respond swiftly to threats.
“The Federal Government is strengthening early-warning systems and developing a national database to provide accurate and verifiable figures on deaths and casualties linked to violence.
“This will give us a single, trusted source of data to guide decisions, improve accountability, and sharpen our security response. Justice remains a key pillar of the government’s security strategy.
“The Ministry of Justice, the DSS, and the Nigeria Police Force are actively investigating and prosecuting terrorism cases. Violence will not only be met with force, but with justice and accountability,” the minister added.
He urged Nigerians to remain patient and supportive as the security reforms continue.
“Our responsibility is to keep Nigerians informed and reassured. The work being done today is to ensure a safer country tomorrow,” the minister said.
News
NLNG Urges Journalists To Embrace AI For Development
Media practitioners have been urged to adopt modern editing and artificial intelligence tools to inform, educate and inspire society through impactful storytelling for national development.
Ms Sophia Horsfall, General Manager, External Relations and Sustainable Development at NLNG Ltd., made the call in a statement issued yesterday.
The statement followed a three-day workshop for journalists held in Abuja and organised by Journalism Clinic.
The 32 journalists from various media organisations participated in the workshop titled: ‘NLNGChangeYourStory’.
The training focused on modern video-editing techniques and the application of artificial intelligence tools in newsroom operations.
It provided insights into the rapidly evolving role of artificial intelligence and digital communication in contemporary journalism.
Horsfall said modern tools could enable real-time reporting, expand audiences beyond borders and foster meaningful engagement across platforms.
“Journalism is a calling that informs, educates and influences society,” she said.
She encouraged participants to apply the knowledge gained to amplify their professional impact.
Horsfall urged journalists to express optimism reflecting NLNG’s vision of being globally competitive while improving lives sustainably.
She highlighted NLNG’s media support initiatives, including the NLNG Prize for Energy Reporting at the Diamond Awards for Media Excellence.
Also speaking, Ms Anne-Marie Palmer-Ikuku, NLNG’s Manager, Corporate Communications and Public Affairs, said the company deliberately invested in raising media standards.
She said the workshop addressed newsroom pressures such as speed, verification, audience trust and relevance.
“Our support strengthens a resilient media ecosystem that produces accurate journalism capable of shaping public understanding and national progress,” she said.
A Digital Communication Specialist, Mr Dan Mason, who facilitated the workshop, said Artificial Intelligence would not necessarily cause job losses.
He said AI would instead lead to significant job changes globally.
Mason explained that unlike the internet, which disrupted information distribution, AI directly affects content creation.
“It will lead to job changes without a shadow of doubt,” he said.
He added that when properly harnessed, AI could support journalism with greater efficiency and productivity.
Mason said: “When journalism remains ethically in control, AI can be a great force for good.
“I believe we should use AI positively to make our jobs better.”
News
Tinubu Tasks New FCC Leadership On Equity
President Bola Tinubu has charged the newly inaugurated chairman and commissioners of the Federal Character Commission (FCC) to uphold equity, diligence and patriotism in national appointments.
The president gave the charge after administering the oath of office on the FCC leadership at the State House, Abuja.
Tinubu described the commission as central to Nigeria’s unity and stability, urging its leadership to reflect the country’s diversity and complexity in all actions.
He stressed that the FCC’s core mandate is to promote equity in public service appointments and ensure that every section of the country feels a sense of belonging.
“What you represent here today is the conscience of our nation.
” What you are being assigned to do is to promote and stabilise the conscience of this country,” the president said.
He urged the commissioners to be fair, diligent, committed and patriotic in carrying out their responsibilities to the nation.
Tinubu affirmed that Nigeria has the human resources, capacity and divine endowment needed to build a strong and prosperous nation.
He challenged the commissioners to see their appointment as a call to service rather than personal privilege.
“We have the human resources, the ability, the capacity and the endowment from God to build our country,” he said.
The president urged them to constantly reflect on their individual contributions to national development, unity and stability.
Borrowing from former U.S. President John F. Kennedy, Tinubu urged the commissioners to focus on what they can do for Nigeria.
He said: “What can you do for this country to make it greater now that you have been inaugurated?”
Tinubu said the success of the FCC in promoting inclusiveness and fairness rests squarely on the conduct of its leadership.
Speaking on behalf of the commission, its chairman, Hon. Ayo Omidiran, assured Nigerians that equity and inclusiveness would guide the FCC’s operations.
She expressed confidence that by the end of the current administration, every Nigerian would feel a sense of ownership of the country.
According to Omidiran, Nigeria is endowed with abundant resources and opportunities that must be equitably distributed across all regions.
“The Federal Character Commission was formed by patriotic Nigerians who believed that every good thing must go round the entire federation,” she said.
She pledged that the commission would leverage on Nigeria’s diversity as a source of strength while promoting balanced representation in public institutions.
The FCC chairman gave an assurance that the commission would operate under the guidance of the president to strengthen national unity and public confidence.
“At the end of this tenure, every Nigerian will own Nigeria,” Omidiran said.
She expressed optimism that the commission would fulfill its mandate through commitment and dedication.
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