Pay the Federal Inland Revenue Services (FIRS) $72,551,059 million tax default.
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The five-person panel led by Professor Abubakar Hamed, however, declined to impose penalties and interest on the principal sum of $21,039,807 million on the telecommunication firm as requested by FIRS.
The panel made the declaration and order while delivering judgment in an appeal numbered TAT/LZ/VAT/075, filed by the telecommunication company against the demand by the FIRS to pay the default.
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Other panel members were Barrister P. A. Olayemi, Barrister Babatunde Sobamowo, Barrister Samuel N. Ohwerhoye, and Barrister Terzungwe Gbakighir.
