He said that the council was hopeful that the indebted states would pay up, adding that there was an improvement in tax remission from states in comparison with that of last year. “We had briefing from the chairman of the FIRS and it dwelt on two aspects of tax issues; one is on the Value Added Tax (VAT) that is being collected by states. “He informed the states what their positions are and the outstanding due to the states of about N41billion. Badaru said that audit was going on in many states on how to reconcile figures between what the states had and what the FIRS had. According to him, with the initiative, automatically tax will be transmitted to FIRS from the states without delay and without many problems.

Source: The Guardian August 16, 2018 17:41 UTC