By Dipo Olowookere
Not less than four markets in Ogun State have been shut down by the Ogun State government over their failure to remit developmental levies to the state government.
The affected markets are Ita-Osu market in Ijebu-Ode as well as Kuto, Omida and Panseke markets in Abeokuta, the state capital.
Chairman of the Ogun State Internal Revenue Service (OGIRS), Mr Adekunle Adeosun, explained that the markets were sealed after they failed to offset three years accumulated developmental levies.
He appealed to business owners and artisans, especially market women and men in the state to perform their civic responsibility diligently by paying their taxes and levies promptly to prevent their business places from being sealed off.
Mr Adeosun, who received market leaders, who were led by the Iyalojas of Lipede and Kuto markets, Mrs Tejumade Bakre and Mrs Isiwatu Adewuyi respectively in his office at Oke-Mosan last week, noted that the non-payment of tax by market women and men has persisted for three years, despite repeated warnings from the revenue board and the consequent court order to seal off stalls of defaulters.
The tax boss said further that the revenue board took the step to seal off stalls and shops of defaulters after all efforts failed, saying that the tax enforcement exercise would continue in other places and markets across the state, in order to ensure that taxes and levies meant for government are promptly paid.
more recommended stories
CBN Crashes Treasury Bills Rates to Single Digit
By Dipo Olowookere The Central Bank.
Border Closure to Push Inflation to 11.32%—Analysts
By Dipo Olowookere Analysts at Meristem.
Dividends from Oil Firms to Lose Tax Exemption Status
By Adedapo Adesanya Nigeria’s Minister of.
Lagos Assures Business Owners Easy Access to Funds
By Dipo Olowookere Those who intend.
Nigerian Stock Exchange Sustains Gains by 0.54%
By Dipo Olowookere The positive sentiment.
Naira Closes Mixed at Various Forex Market Segments Tuesday
By Adedapo Adesanya The first trading.
Treasury Bills Yields Close Mixed Across Tenors Tuesday
By Dipo Olowookere Yields of treasury.
Oil Gives up Early Gains to Close Lower Tuesday
By Adedapo Adesanya Oil prices shed.