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FIRS seals Lagos hotel, Port Harcourt companies over taxes

FIRS seals Lagos hotel, Port Harcourt companies over taxes

Posted by: Rianat Sanni in Real Estate, Real Estate News December 15, 2016 0

Reports show that the Federal Inland Revenue Service, FIRS, yesterday, sealed the Diplomat Hotel, located on Shonnyway Street, Shonibare Estate, Maryland, Lagos, over a N351 million tax debt.

The Guardian reports that Bukar Gana, head of the FIRS enforcement team, stated the hotel owes taxes between 2012 and 2016. The hotel’s customer care manager, who didn’t give his name, said they were “concerned about the debt”.The Guardian reports that also in Lagos, the team closed the premises of Island Power Limited, a power generating company, situated on Cable Street, Lagos. The company owes N132.5million accumulated between 2012 and 2014. The administrative department was sealed off, leaving only the power plant because of the essential services it provides to organisations.

The team visited Consertive Estimate Limited, situated on Fatai Irawo Street, Papa Ajao, Lagos, which has a tax debt of N15.8 million. However, the company was said to have relocated over four months ago.

The exercise equally took place in Port Harcourt, Rivers State, where the FIRS team led by Mrs. Anita Erinne, shut Universal Insurance, which owes N82.1million in income tax, The Guardian reports.

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