Kaduna Govt Seals Banks, Hotels, Other Companies Over N1.5bn Unpaid Land Use Charges

Date: 28-11-2024 6:33 am (5 months ago) | Author: kacy lee
- at 28-11-2024 06:33 AM (5 months ago)
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The Kaduna State Internal Revenue Service (KADIRS) has sealed the premises of 13 companies in the state capital over unpaid land-based revenue amounting to N1.5 billion
Among the affected companies included five commercial banks, a hotel, filling stations and an eatery.

Speaking to the journalists, the legal adviser of the Kaduna State Internal Revenue Service, AISHA GARBA, who led the enforcement team, said the sealing of the companies was in line with the powers vested in the service by Section 104 of Pthe ersonal Income Tax Act and Section 24, sub- Sections (1,2,3) of the Kaduna State Tax Codification and Consolidation Law, 2020 as amended.

She also explained that the Revenue Service secured a court order for the immediate closure and takeover of all the affected properties until the unpaid land-based revenue liabilities were fully settled.

” Kaduna State Internal Revenue Service in exercise of its powers vested in it by Section 104 of Personal Income Tax Act, and Section 24 sub-sections (1,2,3) of the Kaduna State Tax Codification and Consolidation Law, 2020 as amended has sealed up the following organizations, due to huge established and accumulated land-based revenue (LUC) liabilities as established by the Kaduna State Geographic Information Service (KADGIS”.


The organisations included Hamdala Hotel Kaduna with LUC revenue liability of N113,134,272.00k, Hamdala Motel Kaduna with LUC revenue liability of N26,291,384.00 and Bank of Agriculture Kaduna with LUC revenue liability of N20,484,641.00k.

Others are New Nigeria Development Company (Tens Story Building) with LUC revenue liability of N20,002,559.00k, Unity Bank at Yakubu Gowon Way with LUC revenue liability of N3,886,036.00k, Unity Bank main Branch Kaduna with LUC revenue liability of N3,115,920.00k, Chicken Republic at Yakubu Gowon Way with LUC revenue liability of N980,911.00k

Other affected business outlets are First City Monument Bank (FCMB) at Yakubu Gowon Way with LUC revenue liability of N11,539,086.00k, Zenith Bank at Yakubu Gowon Way with LUC revenue liability of N5, 355,229.00k, Forte Oil filling Station at Muhammadu Buhari Way with LUC revenue liability of N2, 238,546.00k, GT Bank Parking lot with LUC revenue liability of N622,284.00k, A.G. Leventis Building with LUC revenue liability of N3,743,461.00k and Keystone Bank PLC with LUC revenue liability of N2,213,136.00k.


Posted: at 28-11-2024 06:33 AM (5 months ago) | Addicted Hero

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