N700m Tax Debt: FIRS Seals 4 Firms In Port Harcourt, Lagos

The Federal Inland Revenue Service (FIRS), yesterday, sealed the premises of four companies in Port Harcourt and Lagos over tax debtsof about N700million.

In Port Harcourt, the FIRS enforcement team shut down the premises of SC Industrial Gas Manufacturers Limited, situated at 61 Aba Road. The company was sealed for failure to remit Value Added Tax of N425, 530, 587.00 collected on behalf of government between 2014 and 2017.

In Lagos, the service sealed the office of ABB Nigeria Limited on Metalbox Road Ogba.. The company is deemed to be indebted to a tune of N125.164 million, claim the company’s administrative manager disputed.

Leader of the FIRS team, Mrs. Ruth Madeun, however, replied that if the company had no tax debt, her team would not have been to its premises. Also affected were Great Bakis Limited, which owes N38.458 million, Boluke Pharmacy in the Agege area of Lagos, which owes N62.239 million and Resort Savings and Loans Plc, which has a tax debt of N74.8 million.

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