FIRS Shuts 4 Firms Over 630 Million Naira Tax Debt
The government is making good on its promise to punish businesses who refuse to pay their taxes.
Four firms who were owing the government 630 million in taxes, came under the hammer of the Federal Inland Revenue Service, FIRS on Monday.
FIRS sealed off the four companies in Lagos and Port Harcourt over their alleged failure to meet their tax obligations between 2014 and 2016.
The affected firms include Charcoal and Spices Restaurant Limited, GRA, Port Harcourt, and Cioscon Nigerian Limited, Aba Road, Port Harcourt.
The leader of the FIRS enforcement team, Mrs. Anita Erinne, sealed both companies after showing warrants to officials of the firms.
Charcoal and Spices Restaurant Limited allegedly owed N12,388,979.50, while Cioscon was said to have a tax liability amounting to N479,203,464.43 from 2014 to 2016, which the firm had allegedly failed to remit.
Erinne told the defaulting firms that their premises would be unsealed when they clear their outstanding tax bills.
She warned the workers not to tamper with the FIRS seal until the debts were cleared, stating that any attempt to remove the seals would be a contravention of the law.
Erinne, however, noted that the firms had been officially notified of their indebtedness to the FIRS, stating that all the taxes should be paid before their premises could be reopened.