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Lafarge FIRS shuts cement company over N10M tax debt

FIRS has shutdown the premises of Lafarge cement for failing to remit company tax to the government in the last four years.

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FIRS boss, Babatunde Fowler play

FIRS boss, Babatunde Fowler

(Punch)

The FIRS has shutdown the premises of Lafarge Cement Limited in Port Harcourt far failing to remit tax to the government agency.

In a renewed crackdown on companies with tax liabilities, the Federal Inland Revenue Service led by the enforcement team headed by Ruth Madeun, closed the premises of Lafarge Cement Limited and IGPES for owing taxes dating back to four years.

The defaulting companies in Lagos, Ibadan and Port Harcourt were shutdown in a simultaneous process on Monday, October 17, 2016.

While Lafarge and IGPES reportedly owe a combined tax debt of N1.077billion having failed to Education Tax, Withholding Tax, Company Income Tax, Value Added Tax and late return penalty in the last four years.

Meanwhile, Madeun stressed that the FIRS will prosecute anybody who unseals the company premises if the tax liabilities are not settled.

“Breaking of our seals is a criminal offence and anybody involved in such an act will be prosecuted,” she warned.

ALSO READ: FIRS shuts Govt publishing house over N6.5m unpaid tax

In the same vein, the FIRS enforcement team in Lagos led by Chinazor Edeh, clamped down on Dori Construction and Engineering Nigeria Limited and Global Energy Nigeria Limited.

While the office of Dori Construction on 901, Balarabe Musa Crescent, Victoria Island was shut over tax liabilities of N253million, Global Energy Nigeria Limited, located at 182b, Kofo Abayomi Street, Victoria Island was shut over tax liabilities totaling N13million and accumulated between 2010 and 2013.

Bono Energy was also shut over a tax debt of N13million, while the premises of the Lebanese-owned Karmadex Nigeria Limited in Ibadan was shut over inability to pat N12.3million tax debt.

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