• Contact Us
  • About Us
Friday, February 13, 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 House Passes Bill To Require Proof Of US citizenship For Midterm Voters

NNPP  Rejects US’ Move To Blacklist Kwankwaso, Alleges Hypocrisy 

EFCC Witness Accuses Banks Of Causing Scarcity Of 2022 Redesigned Naira Notes Through Hoarding

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

News

US House Passes Bill To Require Proof Of US citizenship For Midterm Voters

February 12, 2026
No Defection Talks With APC, Kwankwaso Camp Insists
News

NNPP  Rejects US’ Move To Blacklist Kwankwaso, Alleges Hypocrisy 

February 12, 2026
EFCC Bans Sting Operations At Night
News

EFCC Witness Accuses Banks Of Causing Scarcity Of 2022 Redesigned Naira Notes Through Hoarding

February 11, 2026
Nigerians Overstaying Visa Risk Serious Sanctions, US Warns, Says “No Honest Mistakes”
News

Oil Set For First Weekly Decline In Seven Weeks Ahead Of US-Iran Talks 

February 6, 2026
Next Post
CBN

Drop in cheque usage threatens CBN accredited printers

New era of climate cooperation can deliver stability in an unstable world: UN Climate Change Executive Secretary

February 12, 2026
FTS: Concerns Over Kogi ‘Budget Paradox’ Amid Rising Enviromental, Social Risks

FTS:Apprehension In Kogi Communities As Armed Herdsmen Attack Residents, LGAs Impose Curfew

February 12, 2026

Sage Intacct Introduces Intelligent AI-driven Automation for mid-sized businesses in Kenya

February 12, 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