LCCI PRESS RELEASE ON CIT FILING TO NRS
LCCI TO NRS: REV360 FAILURE DEMANDS IMMEDIATE ONE-MONTH FILING EXTENSION AND PENALTY WAIVER
The Lagos Chamber of Commerce and Industry wishes to call on the Nigeria Revenue Service to reconsider its 30th June deadline doe the filing of Company Income Tax. While the Chamber is not shielding businesses from blame of waiting till the last minute of the deadline, the hitches experienced in filing on the newly launched Rev360 portal cannot also be ignored.
Launched about two months ago, Rev360, NRS’s newly launched tax platform, suffered prolonged downtime on June 30 — the statutory CIT filing deadline, leaving thousands of companies unable to file with hours to spare. This is a platform failure, not a taxpayer failure.
We also understand that such a new system launched too close to a hard deadline can develop teething problems especially due to a peak-day traffic. In addition to that, a predictable last-minute volume has exposed its lack of capacity, producing login failures, validation errors, and failed submissions precisely when businesses needed reliability most.
LCCI’s Demand to NRS Is Direct and Threefold: extend the CIT filing deadline by one month; waive all penalties for companies that attempted to file on or before June 30 but were blocked by the outage; and urgently stabilize Rev360’s capacity before the next filing deadline.
The LCCI urges the NRS to announce the extension and penalty waiver as soon as possible to avoid apprehension and confusion in the business community.
In the spirit of implementing the new tax system with a cautious regulatory approach, the Chamber considers an extension of the deadline a necessity at this time.
Dr Chinyere Almona
Director General
Lagos Chamber of Commerce and Industry
30 June 2026
