November 24, 2024

Lagos State Government has given Actress Iyabo Ojo a 7-days-ultimatum to pay the N18,640,092.00 she reportedly owes in personal income tax.




Iyabo Ojo, the government claims, has a tax liability of N7,376,000.00 for the year 2022 and an outstanding liability of N11,264,092 for 2021 income year.


She was quoted by PM News as saying: “Governor Jide Sanwo-Olu please, how do you people come up with these outrageous personal income taxes you send on a daily basis?


“After paying for different types of taxes for one’s businesses, house and all, you still come up with all this huge amount and give me 7 days to pay up, lol. Last time, you people asked me to come to your office, I came, you asked me to explain and declare what I earn, which I did with my tax consultant, but no you did not respond to my letter, because you want me to pay you an outrageous amount that I do not have, make i go thief ni? I ask again, “How do you people come up with such outrageous bills?


In an Instagram response to the fine, Ms Ojo attacked the enforcement of such astronomical personal income taxes. She questioned the process used to determine “the outrageous personal income taxes you send on a daily basis.”


Ms Ojo bemoaned that she already has to pay several taxes on her enterprises and personal property. Despite having paid her previous tax responsibilities, she now faces a sizable additional sum and a short grace period of just seven days to remit the money.


Citing the Personal Income Tax Act, Mr Sanwo-Olu-led government warned that the actress would suffer serious repercussions and would be made to pay interest on the tax if she failed to adhere to the notice’s deadline.


In a notification given to the movie star and seen by Peoples Gazette on Monday, the state government issued a seven-day ultimatum to Ms Ojo to pay a tax due of N7,376,000.00 for the year 2022, combined with an outstanding payment of N11,264,092.00 from the 2021 income year.


“I don’t know how much you think I get paid. Hence, your team will come up with this conclusion.


“What have you people ever done for me as a government? NOTHING!!! I have single-handedly raised my kids and so many others, plus myself without a single penny from the government. Yet you feel so entitled to reaping over 100% from where you did not sow.


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