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Monthly Archives: April 2019

OAL Names New Managing Partner, Admits 3 Substantive Partners

OAL NewsBy OALApril 16, 2019Leave a comment

Olisa Agbakoba Legal(OAL) announced that Bisi Akodu has been appointed Managing Partner. Bisi succeeds Priscilla Ogwemoh, who stepped down as Managing Partner after serving with distinction in that capacity for over 20 years. The Firm also elevated Associate Partners, Babatunde Ogungbamila, Victor Akazue Nwakasi and Adebola Sobowale as Substantive Partners with effect from February 1,…

Banks as Collecting Agents For FIRS – A Conundrum

Articles, Tax PracticesBy OALApril 12, 2019Leave a comment

The Federal Inland Revenue Service has intensified its drive to recover outstanding tax liabilities from taxpayers in default of tax obligations. To this end, FIRS has been writing to taxpayers’ bankers, appointing the banks’ agent of the banks’ customer, to collect outstanding tax liabilities from the taxpayers’ bank account balance. This is referred to as…

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