You are currently viewing Ondo govt seals Nigeria’s ‘largest quarry company’, others over tax evasion
Share this story

The Ondo State Internal Revenue Service (ODIRS) on Tuesday sealed three companies in Ore, Odigbo Local Government Area of the state over unpaid taxes.

Speaking after sealing the companies, Adebayo Ogunsuyi, Head of the Legal Department of the ODIRS, said individuals and companies were statutorily bound to pay tax to the government.

Mr. Ogunsuyi said the agency was acting on the State High Court order of May 18, by the Chief Judge, Justice Williams Akintoroye, that empowered it to seal the erring companies.

The affected companies were Woda Mountain Investment Ltd (A Quarry company), Ajiwogbo Sawmill and Optimal Energy filling station.

Mr. Ogunsuyi noted that Woda Quarry Company, which is one of the largest quarry companies in the country, is owing the state government N217 million, and had refused to pay till date despite efforts by the revenue agency.

He added that the companies were served demand notice twice by ODIRS but were not honoured, leading to the court order that the defaulting companies be sealed.

Advertisements

He disclosed that the enforcement exercise would be carried out statewide. “The law states that one can be enforced based on a court order for nonpayment of tax.

“And that the affected defaulters will have to visit the ODIRS office to settle their tax liability and thereafter, proceed to court to lift the court order.

Advertisements

“ODIRS 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 the people,” he said.

(NAN)

Advertisements
dukes-crunchies

Do you have an important success story, news, or opinion article to share with with us? Get in touch with us at publisher@thepodiummedia.com or ademolaakinbola@gmail.com Whatsapp +1 317 665 2180

Join our WhatsApp Group to receive news and other valuable information alerts on WhatsApp.


Share this story
Advertisements
jsay-school

Leave a Reply