As the Nigerian government continues its revenue drive, questions on the exercise of fiscal powers continue to arise. In Wheatbaker Investments and Properties Limited v. Economic and Financial Crimes Commission (EFCC) & Federal Inland Revenue Service (FIRS) (Suit No: FHC/L/CS/244/21), the Federal High Court considered the legality of the assessment and collection of taxes by EFCC. In this newsletter, we have examined the background to the matter, the court’s judgment, and the consequences for taxpayers.
