Would you like to receive notifications on latest updates of the following headlines?

Osun Threatens Clampdown on Tax Defaulters Monday

POSTED ON August 11, 2024 •   Business      BY Benedicta Bassey
Osun state governor, Ademola Adeleke/ Photo credit: Premiumtimes

Following the failure of businesses to meet up with their tax obligations to the government, the Osun State Internal Revenue Service (OIRS)  has said it will begin to clamp down on business premises.

In a statement issued on Saturday, OIRS Information Officer, Oluwaseun Ayeni, said the agency chairman, Mr Adesola Adewumi, gave the warning during an awareness campaign held in Osogbo, the state capital.

While warning that by Monday, the state government would seal off the defaulting business premises, Adewumi said all tax-defaulting businesses in the state should pay up their dues before the clampdown begins.

The OIRS chairman, who was represented by the Director of Legal and Enforcement of the agency, Mr Deji Atoyebi, said the statewide enforcement was due by May.

He said, “The Board of OIRS has concluded plans to begin tax enforcement against defaulters if they continue to fail in fulfilling their tax obligations to the state government.

“We therefore advise all tax defaulting businesses in the state to avoid any inconveniences that may arise during the closure.

“The businesses have been served with harmonised demand notices to do the needful before the state embarks on enforcement/closure to bring the defaulters to book."

READ ALSO
Anambra assembly voices concerns over Onitsha drug market closure impacting local economy
BY Abiodun Saheed Omodara February 26, 2025 0

ANAMBRA, Nigeria (NAN) - The Anambra House of Assembly has adopted a resolution urging the National...

READ ALSO
Consumer protection agency challenges MultiChoice over unilateral price increases
BY Abiodun Saheed Omodara February 26, 2025 0

The Federal Competition and Consumer Protection Commission (FCCPC) has called on MultiChoice Nigeria...

READ ALSO
Ogun secures $2.5bn livestock investment from Brazilian giant JBS
BY Abiodun Saheed Omodara February 24, 2025 0

Ogun State is poised to benefit from a $2.5 billion investment in livestock production from JBS, a c...

READ ALSO
FG, WIPO join forces over Nigerian SMEs growth
BY Abiodun Saheed Omodara February 22, 2025 0

The Federal Government has teamed up with the World Intellectual Property Organisation (WIPO) to boo...

READ ALSO
Illicit foreign mining activities endanger African nations- USIP Director
BY Abiodun Saheed Omodara February 21, 2025 0

The United States Institute for Peace (USIP) has stated that foreign mineral extraction in Africa po...

READ ALSO
NMGS advocates for AI, 3D technologies in transforming Nigeria's oil reservoir management
BY Abiodun Saheed Omodara February 21, 2025 0

ABUJA, Nigeria (NAN) - The Nigerian Mining and Geosciences Society (NMGS) has urged the incorporatio...

READ ALSO
CBN introduces FX Code to enhance Forex market transparency, stability
BY Abiodun Saheed Omodara February 21, 2025 0

The Central Bank of Nigeria (CBN) has kept its monetary policy rates unchanged and reaffirmed its de...

READ ALSO
Senate to hold public hearing on Tinubu's tax reform bills
BY Abiodun Saheed Omodara February 20, 2025 0

The Senate is set to commence a two-day public hearing concerning the four tax reform bills proposed...

OUR CHANNELS:

Enugu lawmaker advocates tenant protection against excessive housing fees
BY Abiodun Saheed Omodara February 26, 2025 0

ENUGU, Nigeria (NAN) - A proposed bill aimed at regulating agency and legal fees for housing has pas...


Consumer protection agency challenges MultiChoice over unilateral price increases
BY Abiodun Saheed Omodara February 26, 2025 0

The Federal Competition and Consumer Protection Commission (FCCPC) has called on MultiChoice Nigeria...


Court charges attending Nurse, Exonerates Naira Marley and associates in Mohbad Case
BY Abiodun Saheed Omodara February 25, 2025 0

The Lagos State Magistrate Court located in Sabo, Yaba, has exonerated Nigerian artist Abdulazeez Fa...


DSVA unveils New initiatives to support survivors of domestic, sexual violence
BY Abiodun Saheed Omodara February 26, 2025 0

LAGOS, Nigeria - The Lagos State Domestic and Sexual Violence Agency (DSVA) has introduced two new i...


China’s Visa Process Simplified: Over 19,000 issued in Lagos
BY Abiodun Saheed Omodara February 25, 2025 0

The Consul General of the People’s Republic of China in Lagos,Yan Yuqing, has remarked that ob...


NLC advise IMF, World Bank to halt aid to unaccountable governments
BY Abiodun Saheed Omodara February 25, 2025 0

The Nigeria Labour Congress (NLC) has urged the International Monetary Fund (IMF) and World Bank (WB...


Breast cancer cases set to rise dramatically in low-income countries - WHO
BY Abiodun Saheed Omodara February 25, 2025 0

The World Health Organization (WHO) has released a new report indicating that breast cancer cases ar...


MultiChoice increases DStv, GOtv prices amid Nigeria's economic challenges
BY Abiodun Saheed Omodara February 25, 2025 0

The South African broadcasting company, MultiChoice, has once again raised the prices of its DStv an...


NABTEB results show 67.56% success rate despite decrease from previous year
BY Abiodun Saheed Omodara February 25, 2025 0

The National Business and Technical Examinations Board (NABTEB) has announced the results of its Nov...


Tinubu advocates stronger security agency collaboration to combat crime
BY Abiodun Saheed Omodara February 25, 2025 0

President Bola Tinubu has called for enhanced collaboration among the country's security agencies to...


More Articles

Load more...

Menu