Tax Default: FIRS Shuts FCT School, Hotels

tax relief
  • Tax Default: FIRS Shuts FCT School, Hotels

In continuation of its tax enforcement efforts, the Federal Inland Revenue Service on Friday sealed off the premises of tax-owing companies in Abuja.

Among those shut is an educational facility, Fanaks International Schools in the Asokoro area of the Federal Capital Territory. The school allegedly owes a total of N976,133.57 in Company Income Tax, Education Tax and Withholding Tax.

The enforcement team, led by Mr. Zubairu Usman, according to a statement by the revenue agency, gave the school management till 2pm to evacuate the pupils to enable the FIRS officials to seal the school.

Also sealed was the Hotel Bahamas International, which the FIRS accused of owing N694,045.29 in CIT, EDT and WHT for the 2015 assessment year.

Another hospitality facility, Dabiyi Hotels and Suites in Kurudu, was sealed over tax liabilities totalling N4,191,996.26 carried over from the 2014 assessment year. Equally affected was Logistics Suites and Events Centre Limited, Kurudu.

About the Author

Samed Olukoya
CEO/Founder Investors King Ltd, a foreign exchange research analyst, contributing author on New York-based Talk Markets and, with over a decade long experience in the global financial market. Contact Samed on Twitter: @sameolukoya; Email:

Be the first to comment on "Tax Default: FIRS Shuts FCT School, Hotels"

Leave a comment

Your email address will not be published.