Section 135 Nigeria Tax Administration Act 2025

Section 135 of the Nigeria Tax Administration Act 2025 is about General penalty in relation to petroleum operations. It provides as follows:

(1) Any person that fails to comply with the provisions of this Part, Chapter Three of Nigeria Tax Act, 2025, or any relevant regulations for which no penalty is specifically provided, is liable to an administrative penalty of N10,000,000 and where the default continues, beyond a period stipulated by law or regulation, the person is liable to an administrative penalty of N2,000,000 for each day the default continues, or such other sum as may, by order be prescribed by the Minister.

(2) Notwithstanding the provision of this section, a person who is found guilty under this Part of this Act or regulations made thereunder for which no other penalty is specifically provided shall upon conviction be liable to a fine of 20,000,000 or such other sum as may, by order, be prescribed by the Minister, or imprisonment for six months or both.