Connect with us

News

Anambra Revenue Service Counters Peter Obi’s Brewery Tax Claims

The Anambra State Internal Revenue Service (AiRS) has formally refuted claims made by Peter Obi…

Published

on

VerseNewsDesigns
Peter Obi, AIRS Statement

The Anambra State Internal Revenue Service (AiRS) has formally refuted claims made by former governor and Labour Party leader, Peter Obi, regarding the tax contributions of SABMiller Breweries, now operating as International Breweries Plc, in Anambra State.

In an official statement signed by AiRS Chairman, Dr. Greg U. Ezeilo, the agency clarified that contrary to Obi’s repeated public assertions, SABMiller is not the highest taxpayer in the state. Obi had recently stated in interviews, including one on ARISE News, that the brewery he attracted to Anambra during his tenure as governor is “the biggest revenue earner for the state.”

AiRS released actual tax figures covering the years 2023 and 2024, showing that SABMiller ranks sixth among corporate taxpayers in Anambra, with a total tax contribution of ₦656.5 million across two years. This translates to an average of ₦28 million per month in 2023 and ₦26.62 million per month in 2024.

The state’s largest corporate taxpayer, according to AiRS, is Fidelity Bank Plc, which paid a total of ₦2.15 billion within the same period. Other banks like Zenith Bank, United Bank for Africa (UBA), and Access Bank also recorded far higher tax remittances than SABMiller.

Advertisement

“Interestingly, SABMiller company comes a distant sixth position behind Fidelity Bank Plc,” the statement noted, adding that “the claim can be dismissed with a wave of hand as the company in question contributed on the average ₦28M per month in 2023 and ₦26.62M per month in 2024.”

While acknowledging that Anambra’s internally generated revenue (IGR) has significantly improved from a low of ₦1.5 billion to ₦2 billion monthly—with an all-time high of ₦10.5 billion recorded in May 2025—AiRS stressed that tax contributions must be viewed through verified figures, not political narratives.

DON’T MISS: PHOTOS: See Grave of Late Former President Buhari in Daura

Dr. Ezeilo emphasized that the clarification was necessary to “properly situate the claims made by the former governor and to give undiluted information for the members of the public to note.”

Advertisement

The statement did not dispute the broader economic value of SABMiller’s presence in Anambra State but focused specifically on its corporate tax contributions relative to other firms.

Peter Obi, during his tenure as Anambra governor, had attracted the SABMiller/Intafact brewery to Onitsha as part of his industrialization agenda. The state government under his leadership even acquired a minority stake in the company at the time.

Observers say Obi’s comments were likely intended to highlight his administration’s impact on the state’s economy, though AiRS maintains that accurate public information must be based on verifiable data rather than anecdotal impressions.

AiRS encouraged members of the public seeking further clarification to reach out directly to its office in Awka.

Advertisement
AIRS

Stay ahead with VerseNews. Get the latest breaking news, insightful analysis, and trending stories. Your go-to source for timely updates and unbiased reporting.

Advertisement
Click to comment

You must be logged in to post a comment Login

Leave a Reply

WATCH: Nigeria Newspaper Headline Today

Apply For Latest Job Openings

Trending

uefa champions league banner uefa champions league banner
Sports3 days ago

Champions League Quarter-Finals Confirmed, See Fixtures

The UEFA Champions League quarter-final lineup is set, with blockbuster clashes including PSG vs Liverpool and Real Madrid vs Bayern...

holiday holiday
News4 days ago

‘We Miss Aregbesola’: Nigerian Youths Slam Tunji-Ojo Over Public Holiday Declaration (Video)

Nigerian youths have criticised Interior Minister Olubunmi Tunji-Ojo over the choice of Thursday and Friday as Eid-el-Fitr holidays.

Esmail Khatib Esmail Khatib
World News4 days ago

Israel Kills of Iran’s Intelligence Minister Esmail Khatib

Israel says it has killed Iran’s Intelligence Minister Esmail Khatib, though Iranian authorities have yet to confirm the claim amid...

fans chelsea fans chelsea
Sports4 days ago

Rival Fans Hold Mock Candlelight Procession for Chelsea After 8–2 Loss to PSG in Champions League (Video)

A viral video shows rival fans staging a mock candlelight procession for Chelsea after their 8–2 aggregate loss to Paris...

woman woman
News4 days ago

74-Year-Old Woman Gifts Governor Soludo Live Fowl at Inauguration (Video)

A 74-year-old woman drew attention at Governor Chukwuma Soludo’s inauguration in Awka after presenting a live fowl in appreciation of...

iran iran
World News4 days ago

‘This War Will Hit Everyone No Matter Race, Religion’ – Iran Warns

Iran’s Foreign Minister Abbas Araghchi has warned that the ongoing war will impact people worldwide, urging more international voices to...

Recording Police Recording Police
News4 days ago

Court Declares It Legal to Record Police Officers on Duty

A Federal High Court in Warri has affirmed the right of Nigerians to record police officers in public.

fg 1 fg 1
News5 days ago

BREAKING: FG Declares Two-Day Public Holiday

The Federal Government has announced two-day public holiday.

WhatsApp Image WhatsApp Image
News7 days ago

IPOB Accuses Nigerian Govt, Army of Plot to Demonise Group and Justify Attacks in South-East

The Indigenous People of Biafra has accused the Nigerian government and the military of fabricating insecurity in the South-East.

law Symbol of Justice 1 law Symbol of Justice 1
News1 week ago

List of Approved 114 Universities to Run Law Programmes in Nigeria (Full List)

The Council of Legal Education has released the list of 114 universities authorised to run Bachelor of Laws (LL.B) programmes...

Advertisement