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Kogi Govt gives mining companies 7-day ultimatum to clear tax liabilities or be sanctioned

by Present Nigeria
March 20, 2024
in Business
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Kogi: Gov. Ododo vows to flush out criminal elements
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Kogi State Government has issued a 7-day ultimatum to mining companies  operating in the state to offset their tax liabilities or face sanctions.

The state government issued the ultimatum at a meeting held in Lokoja and presided over by the Director State Security Services (DSS) in the state.

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The meeting had in attendance the Commissioner of Solid Minerals and Natural Resources, Engr Abubakar Bashir Gegu; Commissioner for Environment, Mr Joseph Oluwasegun; Chairman, Kogi State Internal Revenue Services KGIRS, Alh Salihu Enehe, about 20 managing directors of mining companies and their representatives.

Speaking to newsmen after the meeting, the Commissioner of Solid Minerals and Natural Resources, Bashiru Gegu said government has directed that haulage fees and other taxes must be paid to Kogi State Internal Revenue Services (KGIRS) henceforth.

“Any company that fails to pay the haulage and other taxes to KGIRS risk doing business in the state if found to have paid to any individual or organisation aside KGIRS,” he said.

The Commissioner added that KGIRS may choose to outsource the collections of taxes to consultants, but added that citizens must confirm the legality of the operation of any consultancy firm that is on the field from KGIRS before engaging them in any financial dealings.

The security agencies at the meeting assured of an enabling environment for miners to operate but advised them to obey the laws regulating their activities in the state.

They equally called on them to be prompt in the payment of royalties to the Federal Government and the State Government in terms of revenue.

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