Why FIRS honoured NLNG with most compliant taxpayer award

By Chioma Obinagwam

NLNG has received the prestigious award of Most Compliant Taxpayer by the Federal Inland Revenue Service (FIRS) at the 2024 FIRS Day, which took place during the Lagos International Trade Fair.

NLNG told Confiance News in a statement on Saturday.

This recognition is part of the FIRS Compliant Taxpayer Award and Recognition Programme, designed to acknowledge companies that consistently meet their tax obligations, contributing to the development of Nigeria’s economy.

This award marks a significant achievement for NLNG, following the Company’s receipt of the FIRS Most Supportive Taxpayer Award in 2021. The 2021 recognition was conveyed by FIRS, commending the top-performing taxpayers for their compliance, which helped the service surpass its tax collection target.

In a statement, the FIRS commended NLNG for its consistent and exemplary adherence to tax laws, emphasising the Company’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 broader economic growth of the country.

The award was received by Titi Horsfall, Head of Editorial and Digital Content, on behalf of the Company.

Speaking on the announcement, NLNG’s Managing Director and Chief Executive Officer, Dr. Philip Mshebila, noted that the recognition coincides with a milestone for NLNG, marking its 35th anniversary of incorporation and the 25th anniversary of successful LNG production in Nigeria. He reaffirmed that this award is a testament to NLNG’s long-standing commitment to supporting Nigeria’s development, particularly in the energy sector.

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

He further emphasised that NLNG’s commitment to compliance is integral to the Company’s mission to be a global leader in energy, driving not only Nigeria’s energy sector forward but also contributing to the improvement of lives through responsible business practices.