• Contact Us
  • About Us
Sunday, July 12, 2026
  • Login
MetroBusinessNews
  • Home
  • Economy
  • Politics
  • News
  • Companies and Markets
  • Energy
  • Sports
  • Real Estate
No Result
View All Result
  • Home
  • Economy
  • Politics
  • News
  • Companies and Markets
  • Energy
  • Sports
  • Real Estate
No Result
View All Result
MetroBusinessNews
No Result
View All Result
ADVERTISEMENT
Home News

FIRS Shuts Bolingo Hotels, Nigerian German Chemicals, Others Over Huge Tax Debts 

metro by metro
October 19, 2016
in News
0
FIRS
0
SHARES
0
VIEWS
The Federal Inland Revenue Service (FIRS) continued its crackdown on tax defaulting companies,Wednesday, as its enforcement teams shut firms in Abuja, Sango-Otta and Lagos over outstanding of about N306.82 million debts.
In Abuja, the FIRS team sealed Bolingo Hotels and Towers at the Central Business District for an outstanding tax of N24,422,572.84, which accumulated from 2002. But the enforcement team, led by Bukar Umar Gana, could not locate Etat Consulting Limited in Abuja, which has a liability of N32,448,510. The amount includes company income tax, withholding tax and education tax.
In Lagos, FIRS sealed the offices of the Nigerian German Chemicals Limited, located at Oba Akran Avenue, Ikeja, over a tax debt in excess of N146.6 million. Also affected was Trident Marketing Limited, Ajao Road, Ikeja, which is indebted to the tune of N90.8 million.
In Sango-Otta, Ogun State, the enforcement team shut Allied Atlantic Distilleries Limited, which owes over N45 million. The company’s operations manager told the team he was not aware that the company owed such a debt, an explanation that was dismissed by FIRS officials, who shut its offices.

Read Also

US Issues Fresh Iran-related Sanctions As Conflict Flares

Tinubu Retains Shettima As VP, Submits APC Presidential Nomination Form For 2027 Election

Governors Blamed For Insecurity Without Powers, Says Makinde

Previous Post

IMF Report: Nigeria’s economy bounces back, overtakes South Africa, Egypt

Next Post

Drop in cheque usage threatens CBN accredited printers

Related Posts

US Excludes Nigeria, 17 Other Countries From 2025 Visa Lottery Scheme
News

US Issues Fresh Iran-related Sanctions As Conflict Flares

July 11, 2026
Tinubu Signs Four Executive Orders, Suspends 5% Telecoms Tax On Calls & Data, Excise Duties 
News

Tinubu Retains Shettima As VP, Submits APC Presidential Nomination Form For 2027 Election

July 11, 2026
Protest Rocks Ibadan Over Kidnapped Teachers, Schoolchildren As FG, Oyo Biker Over State Police
News

Governors Blamed For Insecurity Without Powers, Says Makinde

July 11, 2026
Timeline Of Oriire School Abduction, Rescue
News

Timeline Of Oriire School Abduction, Rescue

July 11, 2026
Next Post
CBN

Drop in cheque usage threatens CBN accredited printers

Meta Discontinues AI Image Feature Days After Launch

Meta Discontinues AI Image Feature Days After Launch

July 11, 2026
US Excludes Nigeria, 17 Other Countries From 2025 Visa Lottery Scheme

US Issues Fresh Iran-related Sanctions As Conflict Flares

July 11, 2026
Spain Defeat Belgium 2-1 To Reach World Cup Semi-Finals

Spain Defeat Belgium 2-1 To Reach World Cup Semi-Finals

July 11, 2026
MetroBusinessNews

© 2022 Metro Business News

Navigate Site

  • Contact Us
  • About Us

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Economy
  • Politics
  • News
  • Companies and Markets
  • Energy
  • Sports
  • Real Estate

© 2022 Metro Business News

Go to mobile version