News
KIRS seals KEDC office due to unpaid taxes shortly after cutting off electricity at the government house
The Kaduna State Internal Revenue Service has announced that it sealed the Kaduna Electricity Company Plc (Kaduna Electric) office over unpaid taxes amounting to N600 million.
The State Internal Revenue Service disclosed this on its X page on iFriday, August 2, 2024. It revealed that the decision is in line with Section 104 (1) & (4) of the Personal Income Tax Act, 2011, and Section 37 (3) & (4) of the Kaduna State Tax Codification and Consolidation Law, 2020, which empowers the service to enforce tax compliance.
ALSO READ: KEDCO disconnect Kaduna Govt. house over N2.9b debt
According to Zakari Jamilu Muhammad, the service’s Head of Corporate Communications, its officials had to seal the business premises of Kaduna Electric due to significant established tax liabilities.
Furthermore, he stated that the development was based on a court order. “The Service secured a court order for the immediate closure and taking over of the company’s property until all unpaid taxes are settled,” the statement partly read.
-
News5 days agoFRSC opens 2026 nationwide recruitment, online applications begin July 3
-
Entertainment1 week agoActress Cossy Ojiakor shares flooded home as heavy rainfall wreaks havoc in Lagos
-
Business5 days agoMRS slashes petrol price by N50/Litre as Dangote Refinery cuts fuel costs
-
Business4 days agoPressure mounts on marketers as Nigerians demand lower fuel prices amid falling global oil costs
-
Football6 days agoCAF rejects proposal to expand AFCON to 28 teams
-
Business4 days agoThe State House Statement: An Unquantifiable Reputational Damage to the Nigerian Financial Sector
-
Business5 days agoBREAKING: CBN revokes licences of 46 Microfinance Banks in major regulatory crackdown
-
Business4 days agoProjected drop in oil prices threatens Nigeria’s 2026 budget plans

