FIRS Seals Peter Obi’s Company For Tax Evasion


The Federal Inland Revenue Services (FIRS) on Tuesday  shut down various companies across the nation in its recent aggressive drive to ensure tax compliance among corporate entities.

The enforcement arm of the agency shut down companies in Kano, Lagos and Onitsha for outstanding tax liabilities.

In its Onitsha raid, the warehouse of Next International was sealed.  NEXT is a retail chain owned by former Anambra Governor Chief Peter Obi.

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According t the FIRS, the company has tax liabilities of N20.4million. The breakdown showed that the company has failed to pay Company Income Tax, Withholding Tax and Education Tax since 2006.

In Kano, the FIRS enforcement team, led by Umar Garba, sealed Sani Brothers Transport Company Limited, Triumph Nigeria Limited, Multi System Nigeria Limited and NorthWest Cable Manufacturers Limited.

The companies are said to be owing N12. 3million, N6.5million, N3.3million and N5.8million respectively.

At each of the company offices, Mr. Garba read the relevant laws empowering the FIRS to shut down operations.

He also told staff of the companies that he was relying on figures from the FIRS.

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In Lagos, the enforcement team sealed the offices of Secure ID Limited, situated at 2 Olawale Dawodu Street, Ikoyi, over a tax debt of N151million.

The President Muhammadu Buhari led Government has insisted that the nations economic challenges can be alleviated if revenues from taxation are improved.

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