Section 136 Nigeria Tax Administration Act 2025

Section 136 of the Nigeria Tax Administration Act 2025 is about Contravention of surcharge provisions. It provides as follows:

(1) Any person who contravenes the provisions of section 24 of this Act or fails to comply with provisions made for the administration of surcharge under this Act or the Nigeria Tax Act, 2025, is liable to an administrative penalty of N10,000,000.

(2) A taxable person who fails to pay surcharge as provided in the Nigeria Tax Act, 2025, shall be liable to a sum equal to 10% of the amount payable in addition to the surcharge due, and interest at the prevailing Central Bank Monetary Policy Rate.