RateCaptain
  • Home
    • About Us
    • Contact Us
  • FX Rates
  • Money Market
  • Cryptocurrency
  • Commodities
  • Corporates
No Result
View All Result
Subscribe
  • Home
    • About Us
    • Contact Us
  • FX Rates
  • Money Market
  • Cryptocurrency
  • Commodities
  • Corporates
No Result
View All Result
RateCaptain
No Result
View All Result
Home Economy

Abuja Federal High Court Overturns N5.3 Billion Tax Ruling Against AEDC, Cites Likelihood of Bias

Victoria Attah by Victoria Attah
November 25, 2025
in Economy
Reading Time: 2 mins read
A A
0
Share on FacebookShare on TwitterShare on WhatsappShare on Telegram

Justice Umar Mohammed of the Federal High Court in Abuja has nullified a Tax Appeal Tribunal decision that ordered Abuja Electricity Distribution Plc (AEDC) to pay the Federal Inland Revenue Service (FIRS) over N5.3 billion in outstanding Value Added Tax and Withholding Tax liabilities for the period 2013–2017.

In a ruling delivered on Monday, the judge set aside the December 14, 2023, tribunal judgment and sent the matter back for a fresh hearing before a differently constituted panel, citing a serious breach of natural justice due to the “likelihood of bias.”

AlsoRead

Dangote Refinery Cuts Petrol Gantry Price to N1,200 per Litre Amid Global Oil Uncertainty

Federal High Court Nullifies CBN’s Dissolution of Union Bank Board, Orders Immediate Reinstatement

CBN Lowers Yields on Two Tenors at March 25 Treasury Bills Auction Amid Liquidity Glut

The court found that one of the five tribunal members who heard the case and delivered the verdict, Honourable Julius Bamidele Ajayi, had previously been a senior FIRS official directly involved in the tax audit that generated the disputed assessment against AEDC.

Evidence unchallenged by FIRS
AEDC had presented sworn affidavits, including testimony from a KPMG tax partner who dealt directly with the FIRS audit team, stating that Mr Ajayi – then a coordinating director at the revenue service – oversaw the very tax investigation that led to the multi-billion-naira demand.

Justice Mohammed noted that the FIRS filed no counter-affidavit to dispute these claims, leaving the evidence uncontroverted. Reading from the KPMG deposition in open court, the judge highlighted that the audit team “reported to Mr Julius Bamidele Ajayi” during the exercise.

Quoting established Supreme Court precedents, Justice Mohammed ruled that “no one should sit in judgment in a case in which they have a personal interest or prior involvement.” He stressed that even the appearance of bias is sufficient to invalidate proceedings, regardless of whether the correct decision was ultimately reached.

“The presence of a former FIRS official who participated in the audit that birthed this liability raises a real likelihood of bias,” the judge held. “Once the principles of fair hearing and impartiality are breached, the entire proceeding is rendered void.”

Background of the dispute
The case originated from a 2018 joint tax investigation by the FIRS and the Economic and Financial Crimes Commission covering AEDC’s operations from 2013 to 2017. The revenue service subsequently issued assessments totaling billions of naira, which AEDC contested.

After losing at the Tax Appeal Tribunal in suit TAT/ABJ/APP/330/2022, AEDC appealed to the Federal High Court, arguing that enforcing the N5.3 billion payment would severely disrupt electricity supply to millions of customers across the Federal Capital Territory, Niger, Kogi, and Nasarawa states.

The court agreed that the composition flaw was fatal to the tribunal’s decision and ordered an immediate retrial before a new panel.

The development marks a significant setback for the FIRS in its efforts to recover the disputed taxes and underscores the judiciary’s insistence on impartial adjudication in revenue disputes.

Tags: Court
Previous Post

NNPC Ltd Posts Record N5.4 Trillion Profit in 2024, Sets Sights on 3 Million Barrels Per Day by 2030

Next Post

NNPC Ltd Posts N5.4 Trillion Profit After Tax in 2024, Driven by Forex Gains

Related News

Oil Marketers Dismiss Claims of Dangote Refinery Selling Fuel in Dollars

Dangote Refinery Cuts Petrol Gantry Price to N1,200 per Litre Amid Global Oil Uncertainty

by Akpan Edidong
March 27, 2026
0

Dangote Petroleum Refinery & Petrochemicals has lowered its ex-depot (gantry) price for Premium Motor Spirit (petrol) to N1,200 per litre,...

Union Bank Completes Delisting Procedure from NGX

Federal High Court Nullifies CBN’s Dissolution of Union Bank Board, Orders Immediate Reinstatement

by Stephen Akudike
March 26, 2026
0

A Federal High Court in Lagos has nullified the Central Bank of Nigeria’s (CBN) decision to dissolve the board and...

CBN Supplies $29.5 Million at FX Auction as Naira Depreciates at I&E Window.

CBN Lowers Yields on Two Tenors at March 25 Treasury Bills Auction Amid Liquidity Glut

by Stephen Akudike
March 26, 2026
0

The Central Bank of Nigeria (CBN) reduced interest rates on two key maturities at its Treasury Bills auction held on...

Nigerian Equity Market Sees Impressive N1.08tn Wealth Gain Amidst Bullish Trading.

NGX Market Cap Drops Below N129 Trillion as Profit-Taking Weighs on Banking Stocks

by Stephen Akudike
March 26, 2026
0

The Nigerian Exchange Limited (NGX) reversed its recent upward momentum on Wednesday, March 25, 2026, as sustained profit-taking in major...

Next Post
Nigerian Equity Market Sees Impressive N1.08tn Wealth Gain Amidst Bullish Trading.

NNPC Ltd Posts N5.4 Trillion Profit After Tax in 2024, Driven by Forex Gains

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recommended

NEC Affirms CBN $3 Billion Loan for Naira Stability

CBN Blacklists Chronic Loan Defaulters, Bars Them from Banking Services

March 27, 2026
Oil Marketers Dismiss Claims of Dangote Refinery Selling Fuel in Dollars

Dangote Refinery Cuts Petrol Gantry Price to N1,200 per Litre Amid Global Oil Uncertainty

March 27, 2026

Popular Story

  • NEC Affirms CBN $3 Billion Loan for Naira Stability

    CBN Directs International Money Transfer Operators to Open Naira Settlement Accounts with Local Banks

    0 shares
    Share 0 Tweet 0
  • Dangote Refinery Cuts Petrol Gantry Price to N1,200 per Litre Amid Global Oil Uncertainty

    0 shares
    Share 0 Tweet 0
  • CBN Blacklists Chronic Loan Defaulters, Bars Them from Banking Services

    0 shares
    Share 0 Tweet 0
  • FG Opens Subscription for N750 Billion March Bond Offer

    0 shares
    Share 0 Tweet 0
  • 32 Banks Meet CBN Recapitalisation Targets Ahead of Deadline – Cardoso

    0 shares
    Share 0 Tweet 0

RateCaptain

We bring you the most accurate in new and market data. Check our landing page for details.

  • Home
  • About Us
  • Privacy Policy
  • Terms & Conditions
  • Disclaimer
  • Cookie Policy
  • Contact Us

Copyright © 2022 RateCaptain - All rights reserved by RateCaptain.

No Result
View All Result
  • Home
    • About Us
    • Contact Us
  • FX Rates
  • Money Market
  • Cryptocurrency
  • Commodities
  • Corporates

Copyright © 2022 RateCaptain - All rights reserved by RateCaptain.

RateCaptain
Manage Cookie Consent
To provide the best experiences, we use technologies like cookies to store and/or access device information. Consenting to these technologies will allow us to process data such as browsing behavior or unique IDs on this site. Not consenting or withdrawing consent, may adversely affect certain features and functions.
Functional Always active
The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network.
Preferences
The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
Statistics
The technical storage or access that is used exclusively for statistical purposes. The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
Marketing
The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes.
  • Manage options
  • Manage services
  • Manage {vendor_count} vendors
  • Read more about these purposes
View preferences
  • {title}
  • {title}
  • {title}
?>