Close Menu
Straightnews

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    What's Hot

    Christians’ Killings: Trump Warns of more airstrikes on Nigeria

    January 10, 2026 --- 10:25 pm

    Nigeria Edge out Algeria to set Semi-Finals Against Morocco

    January 10, 2026 --- 7:48 pm

    Hosts Morocco and Senegal Seal Semi-Final Tickets in AFCON 2025

    January 9, 2026 --- 11:04 pm
    Facebook X (Twitter) Instagram
    Trending
    • Christians’ Killings: Trump Warns of more airstrikes on Nigeria
    • Nigeria Edge out Algeria to set Semi-Finals Against Morocco
    • Hosts Morocco and Senegal Seal Semi-Final Tickets in AFCON 2025
    • Wizkid Becomes First African To Reach 10B Spotify Streams
    • MTN’s 5G subscribers reach 15 million
    • African entrepreneurs Get $1.5m Lifeline from Foundation
    • Rivers Assembly Resumes Another Impeachment Battle Against Gov Fubara
    • PDP Slams APC over Wike on Rivers Crisis ‘‘It Can’t Cry Foul Now’’
    Facebook X (Twitter) Instagram
    Straightnews
    • Home
    • About Us
      • About StraightNews
      • Our Philosophy
      • Editorial Board
    • News
      • Nationwide News
      • Community News
      • Regional News
        • North Central
        • North East
        • North West
        • South East
        • South South
        • South West
    • Nigeria
      • Politics
      • Economy
      • Education
      • Security
      • Energy
      • Agriculture
      • Health
      • Labour
      • Environment
      • Technology
      • Real Estate
      • Transportation
      • Judiciary
      • Electricity
    • Foreign
      • Africa
        • West Africa
        • South Africa
        • North Africa
        • East Africa
      • America
      • Asia
      • Europe
    • Social
      • Photo Gallery
      • Entertainment
      • Events
      • Fashion
      • Fitness
      • Short Stories
      • Lifestyle
      • Relationship
      • Travel
      • Specials
        • Personality Interview
        • Special Reports
        • Profile
    • Articles
      • Editorial
      • Opinion
      • Essay
    • Contact Us
    • Sports
    Straightnews
    Home»Nigeria»Economy»We’re constrained in collecting more revenue by FG’s Maritime Law- AKIRS boss
    Economy

    We’re constrained in collecting more revenue by FG’s Maritime Law- AKIRS boss

    straightnewsng.comBy straightnewsng.comNovember 2, 2023 --- 11:56 pmNo Comments2 Mins Read
    WhatsApp Facebook Twitter Pinterest LinkedIn Tumblr Email
    Mr. Okon Okon, AKIRS Chairman - Straightnews
    Mr. Okon Okon, AKIRS Chairman
    Share
    WhatsApp Facebook Twitter LinkedIn Pinterest Email

    The Executive Chairman of Akwa Ibom Internal Revenue Service (AKIRS), Mr. Okon Okon has attributed the dwindling revenue collections in the state to the unjust Federal Government’s Maritime Law operating in the country.

    Speaking with journalists in his office on the activities in Uyo on Wednesday, Okon said while revenues in other states such as Lagos are improving, that of Akwa Ibom  State is plunging due to the inequitable Maritime law.

    The 1999 Nigerian Constitution grants ownership of minerals, crude oil, and natural gas to the government of the federation, including resources in the territorial sea, contiguous zone, and Exclusive Economic Zone. It also vests exclusive jurisdiction over maritime and admiralty matters in the Federal High Court.

    Read also

    • AKIRS Shuts Three banks over non-remittance of taxes 
    • AKIRS revenue leaps to N34b annually- Chairman 
    • ROW: Akwa Ibom Yet To Recover Billions From Telcos 

    Okon noted that ‘‘We discover that the flourishing maritime activities in the high seas the state derives its revenues from the crude oil which is exploited off-shore controlled by the Federal Government.

    He lamented that most staffers of ExxonMobil operating from Lagos pay their PAYEE and personal income tax to that state instead of paying to Akwa Ibom where QIT Operational Headquarters, Ibeno is located.

    ‘‘Even most senior staffers of banks still pay their PAYEE to their head offices located in Lagos, though their branch offices are located in Akwa Ibom State,’’ the Chairman stated.

    He pledged to tackle the dwindling revenue and maximise revenue from the maritime sector.

    Mr Okon, who is a member of the on-going Presidential Committee on Fiscal Policy and Tax Reforms and he is representing the South-South Region of the country in the committee, called on companies operating underground in Akwa Ibom State to honour their tax obligations.

    The Chairman pledged to tackle the non-state actors in the collection of taxes and remitting same to state government’s coffer.

    While seeking partnership with the mass media in the education and sensitization of the people to paying their taxes, he pledged to automate the informal sector of the economy as a way of generating more revenue for the state government.

    Akwa Ibom Internal Revenue Service (AKIRS) Akwa Ibom State Mr. Okon Okon revenue collections
    Share. WhatsApp Facebook Twitter Pinterest LinkedIn Tumblr Email
    straightnewsng.com
    • Website

    Related Posts

    Army Probes Soldier’s Alleged Murder Of Teenager In Akwa Ibom

    January 6, 2026 --- 11:14 pm

    CHRAN Decries Akwa Ibom LG Councils as Poverty Centres

    December 31, 2025 --- 12:11 am

    2026 Budget: Akwa Ibom Cuts Education Funding Despite Schools’ Challenges

    December 26, 2025 --- 11:21 pm

    Comments are closed.

    Search
    Our Picks
    Don't Miss
    Crime

    Christians’ Killings: Trump Warns of more airstrikes on Nigeria

    By straightnewsng.comJanuary 10, 2026 --- 10:25 pm0

    By Aniefiok Christopher US President Donald Trump has warned that he could order more airstrikes…

    Nigeria Edge out Algeria to set Semi-Finals Against Morocco

    January 10, 2026 --- 7:48 pm

    Hosts Morocco and Senegal Seal Semi-Final Tickets in AFCON 2025

    January 9, 2026 --- 11:04 pm

    Wizkid Becomes First African To Reach 10B Spotify Streams

    January 8, 2026 --- 11:17 pm

    Subscribe to Updates

    Get the latest creative news from SmartMag about art & design.

    About Us
    About Us

    The publication is committed to the principles of development journalism. We are prepared to change the public perception that the profession is a harbinger of hate, blackmail, sycophancy, prejudice and falsehood.

    We pledge to use journalism practice to give voice to the voiceless and to give people of all shades of opinions an opportunity to tell their stories.
    We're accepting new partnerships right now.

    Recent Posts
    • Christians’ Killings: Trump Warns of more airstrikes on Nigeria
    • Nigeria Edge out Algeria to set Semi-Finals Against Morocco
    • Hosts Morocco and Senegal Seal Semi-Final Tickets in AFCON 2025
    • Wizkid Becomes First African To Reach 10B Spotify Streams
    • MTN’s 5G subscribers reach 15 million
    Facebook X (Twitter) Instagram Pinterest
    • Advertise With Us
    © 2026 Straightnews Wire Limited

    Type above and press Enter to search. Press Esc to cancel.