Economy Oil & Gas

NLNG receives FIRS’ ‘Most Compliant Taxpayer’ award

NLNG receives receive the FIRS’ Most Compliant Taxpayer award

ADVERTISEMENT
From Our Correspondent

Nigerian Liquefied Natural Gas (NLNG) has received the prestigious ‘Most Compliant Taxpayer’ award from the Federal Inland Revenue Service (FIRS).

TheNewsZenith reports that FIRS organised the award on 2024 FIRS Day during the Lagos International Trade Fair.

In a statement on the award, Sophia Horsfall, the NLNG’s General Manager (External Relations and Sustainable Development), noted that the recognition was part of the FIRS Compliant Taxpayer Award and Recognition Programme.

FIRS designed the award to acknowledge companies that consistently meet their tax obligations and contribute to developing Nigeria’s economy.

This award marks a significant achievement for NLNG. This is as the company received the FIRS Most Supportive Taxpayer Award in 2021.

“FIRS conveyed the 2021 recognition, commending the top-performing taxpayers for their compliance, which helped the service surpass its tax collection target.

In an email statement to TheNewsZenith, FIRS commended NLNG for its consistent and exemplary adherence to tax laws.

It emphasised NLNG’s contributions to national development.

`The service highlighted NLNG’s unwavering commitment to fulfilling its tax responsibilities, recognising the company’s exceptional compliance with tax regulations and its role in the country’s broader economic growth.”

Read Related News:

Titi Horsfall, Head of Editorial and Digital Content, received the award on behalf of the company.

 Speaking on the announcement, NLNG’s Managing Director, Dr Philip Mshelbila, noted that the recognition coincides with a milestone for NLNG.

It marks its 35th anniversary of incorporation and the 25th anniversary of successful LNG production in Nigeria.

Mshelbila reaffirmed that this award was a testament to NLNG’s long-standing commitment to supporting Nigeria’s development in the energy sector.

“We are honoured to receive this prestigious Federal Inland Revenue Service recognition.

“It reflects the dedication of our board, management and staff, who work tirelessly to ensure that NLNG remains a responsible corporate entity.

“This award also reinforces our ongoing commitment to contributing to the sustainable development of Nigeria’s economy,” the statement read in part.

He said that NLNG’s commitment to compliance was integral to the company’s mission to be a global leader in energy.

“This is driving, not only Nigeria’s energy sector forward, but also contributing to improving lives through responsible business practices.”

ADVERTISEMENT

Do you have a flair for Citizenship Journalism? Share stories of happenings in your area with TheNewsZenith on WhatsApp: 08033668669 or thenewszenithonline@gmail.com. Follow us on www.tiktok.com/@thenewszenithonline. Also, visit, subscribe and like our videos on YouTube @thenewszenithOnline

Exit mobile version