Niger Govt Shuts UBA,GTBank,Others Over Alleged N456m Tax Liability 

September 7, 2021
September 7, 2021
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Niger shuts UBA, Stanbic IBTC, First Bank, Union Bank, others over N456m  debt - P.M. News
Niger State Board of Internal Revenue (BIR),Monday shuts  the business premises of of eight banks in the state over alleged N456million tax infraction
Executive Chairman of the Board, Alhaji Mohammed Madami Etsu, revealed  this in a statement.
He explained that the action carried out in line with the provisions of the relevant Nigerian Tax laws.
The  names of the tax defaulters i include; Stanbic IBTC (N113.2 million) Polaris Bank (N74.8 million), UBA (N68.9 million), Union Bank (N47.1m illion), First Bank (N45.7 million), Heritage Bank (N31.5 million) Unity Bank (N14 million) and GTB (N8.2 million).
Others are ; the AEDC Plc having the debt standing as N45.8 million, AloeVera International Hotel (N3.9 million) and Rashida Restaurant along Shiroro road (N3.2 million).
Etsu lamented,who lamented  the failure of private and corporate organisations defaulting in statutory responsibilities,  said all efforts by his agency to enable the defaulting organisaations pay their respective tax liabilities have  been met with brick wall.
He implored all debtors to pay their outstanding tax liabilities to avoid embarrassments which may not be restricted to closure of their offices by the enabling BIR tax laws,but  use of other means to recover such debts.
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