FIRS name OBJ’s Farm, Davido’s company as tax defaulters

The Federal Inland Revenue Service has named Obasanjo Farms, owned by ex-President Olusegun Obasanjo among several tax defaulters in a list containing a total of 19,901 consisting of publicly-quoted and privately-held businesses,

In September 2018, Oyo state government had shut the Ibadan branch of Obasanjo Farms for failure to pay taxes to the state government.

Another notable name on the list is Davido Music Worldwide Ltd, owned by superstar musician David Adedeji Adeleke. Obasanjo Farms Ltd. is listed as No. 17705 on the list, Davido Music Worldwide as 2387.

The Federal Inland Revenue Service, whose Executive Chairman, Babatunde Fowler, had recently been queried for worsening tax generation, published the list of the consolidated tax defaulters that included an unwieldy 19,901 entities on its website.

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