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IT/TELECOMNEWSLETTER

Globacom Office, Stations in Osun State Shut Down over N532 Million Unpaid Tax

The Osogbo head office and four base stations of Globacom Communication in Osun State were yesterday shut down by the state government over unpaid tax amounting to N532 million. The exercise was carried out by the State Internal Revenue Service (OSIRS) led by its chairman/CEO, Mr. Dayo Oyebanji during a visit to the office.

According to Oyebanji, the action was aimed at ensuring remittance of all the outstanding tax due to the state, adding that the revenue agency had already secured a warrant of distress from the Osun State High Court against Globacom Company to carry out the closure.

He revealed that the revenue agency had tried all possible efforts to resolve the matter amicably in the last two years but Globacom had refused to yield to the calls of the agency.

Oyebanji added that the State House of Assembly had intervened in the matter by inviting Globacom, whose representatives promised to remit the outstanding tax liabilities within two weeks but did not fulfil the promises.

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Comments (2)

  1. RT @BizWatchNigeria: Globacom Office, Stations in Osun State Shut Down over N532 Million Unpaid Tax – https://t.co/dn7HG8eb6F https://t.co/…

  2. RT @BizWatchNigeria: Globacom Office, Stations in Osun State Shut Down over N532 Million Unpaid Tax – https://t.co/dn7HG8eb6F https://t.co/…

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