• Latest
  • Trending
Lagos Completes Palliative Work On Eko Bridge

LIRS Shuts 16 Firms Over Unpaid Tax

July 19, 2021
Oyebanji Plans 1,000 Forest Ranger as Ekiti Farmers Back Re-election with N5m

Oyebanji Plans 1,000 Forest Ranger as Ekiti Farmers Back Re-election with N5m

June 9, 2026
Ekiti Muslim Leaders Pledge 150,000 Votes for Oyebanji

Ekiti Muslim Leaders Pledge 150,000 Votes for Oyebanji

June 9, 2026
Tinubu Swears In Tegbe, Enikanolaiye as Ministers

Tinubu Swears In Tegbe, Enikanolaiye as Ministers

June 8, 2026
Tinubu Directs Service Chiefs to Move to Borno

Nigeria Will Not Surrender to Terror, Tinubu Assures Troops

June 8, 2026
Couple Arraigned, Remanded for N1bn Fraud in Ado-Ekiti

Couple Arraigned, Remanded for N1bn Fraud in Ado-Ekiti

June 8, 2026
https://www.firstbanknigeria.com/personal/loans/mreif-home-loan/
ADVERTISEMENT
Rivers CP Probe Alleged N180k Bail Extortion, Torture Claims

Rivers CP Probe Alleged N180k Bail Extortion, Torture Claims

June 8, 2026
360 Freed as Troops Raid Boko Haram Enclave in Mandara

No Ransom Paid for 360 Rescued Abductees- Borno Govt

June 8, 2026
OGUN GRANTS INVESTORS 50% DISCOUNT ON LAND USE CHARGE

Ogun Inaugurates Safe School Committee Amid Security Fears

June 8, 2026
Four bank staff in police net for alleged money laundering,  N270m fraud

Police: Adelabu Family Aide Linked to Sister’s Kidnap

June 8, 2026
ADVERTISEMENT
  • About US
  • Advert Rates
  • Privacy Policy
  • Contact
Tuesday, June 9, 2026
  • Login
No Result
View All Result
Present Nigeria
  • Home
  • News
    • Education
    • Health
    • Crime
  • Business
  • Politics
  • Entertainment
    • Lifestyle
  • Opinion
  • Sports
  • World News
  • Home
  • News
    • Education
    • Health
    • Crime
  • Business
  • Politics
  • Entertainment
    • Lifestyle
  • Opinion
  • Sports
  • World News
No Result
View All Result
Present Nigeria
No Result
View All Result

LIRS Shuts 16 Firms Over Unpaid Tax

by Present Nigeria
July 19, 2021
in News
0
Lagos Completes Palliative Work On Eko Bridge
30
SHARES
59
VIEWS
FacebookTwitterWhatsappTelegram

The Lagos State Internal Revenue Service (LIRS) on Monday resumed sealing of companies and hospitality firms over unpaid consumption taxes, shutting 16 firms during tax law enforcement.

Mr Seyi Alade, LIRS Director of Legal Services said during the state-wide enforcement had resolved to wield the stick on defaulters who insist on shortchanging the state government.

RelatedPosts

Oyebanji Plans 1,000 Forest Ranger as Ekiti Farmers Back Re-election with N5m

Ekiti Muslim Leaders Pledge 150,000 Votes for Oyebanji

Tinubu Swears In Tegbe, Enikanolaiye as Ministers

Alade noted that LIRS suspended for sometime shutting of corporate organisations and hospitality firms over unpaid taxes.

He said the affected companies failed to meet up with March 31 deadline.

“Now, the service has resumed sealing of firms particularly the hospitality firms; it is committed to continuing the exercise until full compliance to tax payment and remittance are achieved,” Alade said.

He said the firms sealed were restaurants, hotels and guest houses.

Alade listed the sealed companies to include Café Trance, Maple Cottage, Imperial Chinese Cuisine, New World Inn, Inspiro Galaria, Grace Garden Event, Cristabol Place, Queens Park Event Centre, Axor Suites and Blue Moon Hotel.

He said that the others included Citi View Hotel, Kamal’s Crib, 7th Heaven and Infinity Platinum Bar and Restaurant.

Alade said the tax liabilities of the affected firms covered from 2013 to 2020.

“Before LIRS embarks on sealing, it must send two letters to the management of the affected firm, reminding it of tax liabilities.

“Both the demand notice and letter of intention to distrain were sent to the management of the hospitality firms but they failed to act,” he said.

Alade claimed that less than 65 per cent of the corporate organisations operating in the state paid taxes, saying that many of them operated without any tax remittance to the government.

He called on companies to ensure up-to-date tax payments.

Alade said that the government was working tirelessly to provide a conducive environment for businesses in the state.

According to him, LIRS is deploying an aggressive approach to ensure that all taxes are collected to help the state carry out its developmental projects for the benefit of Lagosians and the country at large.

Alade said that LIRS was currently running an initiative called ‘IBILE’ to get more taxpayers into the tax net.

The “IBILE” strategy is an electronic platform that represents the divisions in Lagos – Ikorodu, Badagry, Ikeja, Lagos and Epe (IBILE).

Alade added that the agency was profiling both individuals and corporate entities daily to get more people into the tax net.

“Our mission is to ensure that every taxable adult resident in Lagos State is captured into the tax net, ” he said.

However, some of the affected firms made payments regarding their liabilities in the course of the distrain/enforcement and paid an additional N250,000 as the cost of the distraint.

NAN

Share this:

  • Click to share on Facebook (Opens in new window)
  • Click to share on Twitter (Opens in new window)
  • Click to share on WhatsApp (Opens in new window)
  • Click to share on Telegram (Opens in new window)
  • Click to share on LinkedIn (Opens in new window)
  • Click to share on Pinterest (Opens in new window)

Related

Share12Tweet8SendShareShare2
Previous Post

Eid-el-Kabir: Fayemi Urges Nigerians To Pray For Peace And Unity

Next Post

Court Grants Ex- Minister Turaki’s Request To Travel On Medical Grounds

Related Posts

Oyebanji Plans 1,000 Forest Ranger as Ekiti Farmers Back Re-election with N5m

Oyebanji Plans 1,000 Forest Ranger as Ekiti Farmers Back Re-election with N5m

June 9, 2026
Ekiti Muslim Leaders Pledge 150,000 Votes for Oyebanji

Ekiti Muslim Leaders Pledge 150,000 Votes for Oyebanji

June 9, 2026
Tinubu Swears In Tegbe, Enikanolaiye as Ministers

Tinubu Swears In Tegbe, Enikanolaiye as Ministers

June 8, 2026
Tinubu Directs Service Chiefs to Move to Borno

Nigeria Will Not Surrender to Terror, Tinubu Assures Troops

June 8, 2026
Next Post
Court Grants Ex- Minister Turaki’s Request To Travel On Medical Grounds

Court Grants Ex- Minister Turaki's Request To Travel On Medical Grounds

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

PRESENT, a credible online newspaper from the cell of Red Carpet Communications Limited, is published by an experienced and profoundly resourceful journalist, Yemi Olowolabi.
It leads in lucid presentation of trending stories and breaking news in Politics, Business, Economy, Entertainment, Sports, Lifestyles and Other Features.
With a heritage of in-depth coverage and adept leverage of core professionals, PRESENT is the trusted witness of the news.

  • Privacy Policy
  • Contact Us
  • Advert Rates

© 2025 Present Nigeria. All Rights Reserved.

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
  • News
    • Education
    • Health
    • Crime
  • Business
  • Politics
  • Entertainment
    • Lifestyle
  • Opinion
  • Sports
  • World News

© 2025 Present Nigeria. All Rights Reserved.