Nigeria Tax Administration Act, 2025 · s.101
Failure to file returns
₦100,000 for the first month, ₦50,000 for each month after.
Who this lands on: Anyone who files late — or files something incomplete or inaccurate.
₦100,000 in the first month of the failure, then ₦50,000 for each subsequent month it continues.
It applies to knowingly filing an incomplete or inaccurate return as well as to filing nothing at all.
This charge is per return. Two missed monthly VAT returns are two separate running charges.