--Advertisement--

Niger shuts Abuja Electric office, eight banks over N456m ‘unpaid taxes’

PRESIDENT BUHARI RECEIVES IN AUDIENCE NIGER GOV 3A-C. The Niger State Governor, Alhaji Abubakar Sani Bello briefing State House Press Corps after an audience with the President at the State House Abuja. PHOTO; SUNDAY AGHAEZE. OCT 2 2020

The Niger State Internal Revenue Service has shut branches of eight commercial banks and three other organisations over alleged N456.7 million unpaid tax liability.

On Monday, Mohammed Etsu, executive chairman of the service, said the exercise was carried out in line with the provisions of the relevant tax laws.

According to him, the agency sanctioned Stanbic IBTC Bank for N113.2 million tax liability; Polaris Bank, N74.8 million; UBA, N68.9 million; Union Bank, N47.1 million; First Bank, N45.7 million; Heritage Bank, N31.5 million; Unity Bank N14 million; and GTB N8.2 million.

The revenue agency also closed down the premises of Abuja Electricity Distribution Company (AEDC) Plc in Minna, the state capital, over N45.8 million unpaid tax.

Advertisement

Others include Aloe Vera International Hotel (N3.9 million) and a restaurant (N3.2 million) in the state capital.

Etsu said several efforts were made by the service to enable the defaulting organisations to pay their respective tax liability.

He added that such efforts yielded no positive result.

Advertisement

The chairman warned other defaulters to pay their taxes to avoid having their offices sealed.

Add a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

error: Content is protected from copying.