The Abuja Electricity Distribution Company (AEDC) has asked the Federal High Court sitting in Abuja to stay the execution of the judgment of the Tax Appeal Tribunal sitting in Abuja which ordered the company to pay the Federal Inland Revenue Service (FIRS) N5.3 billion in Value Added Tax (VAX) and Withholding Tax (WHT) liabilities owed between 2013 to 2017.
The AEDC’s lawyer Nduka Ukeyi told the court that if the judgment is enforced before the determination of the motion for stay of execution, it will affect electricity supply to consumers in Abuja, Niger, Kogi and Nasarawa states.