Zenith, FCMB, Keystone, Unity banks sealed off over multibillion-naira debts

The Kaduna State Internal Revenue Service (KADIRS) has sealed off five banks and other business premises over Land Use Charge debts of N1.7 billion.
KADIRS also sealed the Hamdala Hotel for a N115 million debt on LUC.
The companies’ premises sealed off were Keystone Bank Plc, Unity Bank, FCMB, Zenith Bank, Bank of Agriculture, Chicken Republic, Forte Oil, New Nigeria Development Company, GT Bank parking lot and A.G. Leventis building.
Speaking to journalists about the development, Aysha Ahmad, KADIRS’ board secretary and legal adviser, explained that the enforcement exercise was based on the provisions of the law.
Ms Ahmad said the enforcement was in the exercise of powers vested in KADIRS by Section 104 of the Personal Income Tax Act.
She said that the exercise was also backed by Section 24 Sub-Sections (1, 2, and 3) of the Kaduna State Tax Codification and Consolidation Law, 2020, as amended.
Ms Ahmad said that the accumulated land-based revenue (LUC) liabilities were established by the Kaduna State Geographic Information Service (KADGIS).
She added that the service had sent demand notices to the businesses, which did not yield positive responses or compliance.
“So, we have to resort to enforcement to collect what is due for the state,” she said.
The KADIRS board secretary disclosed that the exercise would be a week-long one.
She added, ”A court order for the immediate closure and taking over of the entire properties until all unpaid land-based revenue liabilities are settled had been secured.”
Ms Ahmad called on taxpayers to comply voluntarily, stressing that the service would go round the major cities across the state to ensure compliance.
(NAN)
We have recently deactivated our website's comment provider in favour of other channels of distribution and commentary. We encourage you to join the conversation on our stories via our Facebook, Twitter and other social media pages.
More from Peoples Gazette

Agriculture
FG tasks ECOWAS on leveraging financing strategies for agroecology
The federal government has urged stakeholders in the agriculture and finance sectors in the West Africa region to leverage financing strategies to enhance agroecology practices

Politics
Katsina youths pledge to deliver over 2 million votes to Atiku
“Katsina State is Atiku’s political base because it is his second home.”

States
NOA seeks collaboration with Edo broadcasting service on public orientation
Mr Ani commended the agency for its vital role in educating Nigerians on government policies and programmes.

NationWide
Most births, deaths not officially registered, says NPC
Mr Yusuf said Nigeria records an estimated five million births annually.

Opinion
Azu Ishiekwene: Another view on the matter of akara
This chill-less generation would not only welcome the Good Samaritan but also demand authenticity and scrutinise him.

Heading 1
Asaba Incident: NCAA grounds aircraft, bans pilots from flying in Nigeria’s airspace amid probe
Mr Najomo expressed surprise over the circumstances surrounding the incident.

States
Lagos man in court for alleged N3 million Kuwait work visa fraud
The prosecutor said the offences contravene the provisions of sections 287, 314 and 411, of the Criminal Law of Lagos State, 2015.

NationWide
NBC expands FreeTV access to mobile devices
The National Broadcasting Commission says Nigerians can now access Free TV services on mobile devices through a dedicated application, alongside satellite decoders.





