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
CBN blames old pipelines for oil revenue drop
BY Abiodun Saheed Omodara December 27, 2024 0

The Central Bank of Nigeria has attributed the significant decline in oil revenue for the third quar...

READ ALSO
Osun advocate railway service extension to enhance economic productivity
BY Benedicta Bassey December 26, 2024 0

OSUN STATE, Nigeria —The Osun State government has called on the Nigerian Railway Corporation...

READ ALSO
Website Hack: NBS budgets N35m for cybersecurity training
BY Abiodun Saheed Omodara December 26, 2024 0

The National Bureau of Statistics has earmarked N35m in its 2025 budget proposal for “Capacity...

READ ALSO
CBN disqualifies 41.65m Access Holdings shares
BY Abiodun Saheed Omodara December 26, 2024 0

The Central Bank of Nigeria has disqualified 41.65 million shares worth N822.60m in Access Holdings...

READ ALSO
W’Bank removes loan fees for vulnerable nations
BY Abiodun Saheed Omodara December 26, 2024 0

The World Bank has announced the removal of several loan fees to make borrowing more affordable for...

READ ALSO
2025 Budget : Gombe set 10% for debt servicing
BY Abiodun Saheed Omodara December 25, 2024 0

The Gombe State Commissioner for Finance and Economic Development, Gambo Magaji, on Tuesday, reveale...

READ ALSO
LASG shut Coca-Cola, two others over water usage standards
BY Abiodun Saheed Omodara December 25, 2024 0

The Lagos State Government, through its Water Regulatory Commission, has sealed three companies for...

READ ALSO
No regret removing fuel subsidy- Tinubu
BY Abiodun Saheed Omodara December 24, 2024 0

ABUJA, Nigeria - President Bola Tinubu, on Monday, said he had no regret removing fuel subsidy. The...

OUR CHANNELS:

Lagos drug lords jail 28 years, forfeit VGC houses
BY Abiodun Saheed Omodara December 27, 2024 0

LAGOS,Nigeria - Four drug kingpins involved in the historic seizure of 2,139.55 kilograms of cocaine...


CBN blames old pipelines for oil revenue drop
BY Abiodun Saheed Omodara December 27, 2024 0

The Central Bank of Nigeria has attributed the significant decline in oil revenue for the third quar...


Two killed, 15 injured on Lagos-Ibadan expressway on boxing day
BY Abiodun Saheed Omodara December 27, 2024 0

The Federal Road Safety Corps has confirmed the death of two people and 15 others injured in a lone...


NHIA inaugurate groundbreaking initiative to reduce mortality
BY Abiodun Saheed Omodara December 27, 2024 0

NIGERIA (NAN) - The federal government, through the National Health Insurance Authority (NHIA) has i...


FCT CP Inspects Recreational Centers in Abuja
BY Ebiakuboere England December 27, 2024 0

ABUJA- The Federal Capital Territory's Commissioner of Police, CP Olatunji Disu, made an operational...


University of Abuja Denies Allegations of Bias in Vice Chancellor Appointment Process
BY Ebiakuboere England December 26, 2024 0

The University of Abuja has denied allegations of bias and irregularities in the ongoing process to...


Govs, ministers advocate peace, unity at Christmas
BY Benedicta Bassey December 26, 2024 0

NIGERIA — Governors, ministers, and lawmakers have called on Nigerians to embrace peace and un...


Okpebholo swears in perm secs urges efficient, transparent service
BY Benedicta Bassey December 26, 2024 0

EDO STATE, Nigeria  —Edo State Governor, Monday Okpebholo, has sworn in new permanent sec...


Osun advocate railway service extension to enhance economic productivity
BY Benedicta Bassey December 27, 2024 0

OSUN STATE, Nigeria —The Osun State government has called on the Nigerian Railway Corporation...


38 dead in Azerbaijan Airlines plane crash on Christmas Day celebration
BY Benedicta Bassey December 26, 2024 0

No fewer than thirty-eight people reported lost their lives following the Azerbaijan Airlines plane...


More Articles

Load more...

Menu