• Privacy Policy
  • Terms
  • About us
  • Contact Us
  • Staff Email
Thursday, September 3, 2026
  • Login
TheMattersPress
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us
No Result
View All Result
TheMattersPress
No Result
View All Result
Home Economy/Technology

Ondo state seals 3 companies over tax evasion

Tax

The Matters Press by The Matters Press
June 28, 2022
Reading Time: 1 min read
0
FIRS deploys tech platform for tax collection

The Ondo State Internal Revenue Service (ODIRS) on Tuesday sealed three companies in Ore, Odigbo Local Government Area of the state over unpaid taxes.

RELATED POSTS

Finance bill 2027, a wake-up call to free trade zone stakeholders

ATIKU’S FUEL SUBSIDY RESTORATION CAMPAIGN PROMISE FAILS LITMUS TEST OF PRACTICABILITY AND SUSTAINABILITY

Atiku proposal will reduce distributable revenue, constrict cash flow to sub-nationals – IMPI

Speaking after sealing the companies, Mr Adebayo Ogunsuyi, Head of Legal Department of the ODIRS, said it was the statutory duty of individuals and companies to pay tax to government.

Ogunsuyi said the agency was acting on the State High Court order of May 18, 2022 by the Chief Judge, Justice Wlliams Akintoroye, that empowered it to seal the erring companies.

The affected companies are Woda Mountain Investment Ltd (A Quarry company), Ajiwogbo Sawmill and Optimal Energy filling station.

Ogunsuyi noted that Woda Quarry Company, which one of the largest quarry companies in the country, owed the state government N217 million, and had refused to pay till date despite efforts by the revenue agency.

He added that the companies were served demand notice twice by the ODIRS which were not honoured, leading to the order of the court that the defaulting companies should be sealed.

He disclosed that the enforcement exercise would be carried out statewide.

“The law states that one can be enforced based on a court order for non-payment of tax.

“And that the affected defaulters will have to visit the ODIRS office to settle their tax liability and thereafter, proceed to court to lift the court order.

“ODIRS is deploying an aggressive approach to ensure that all taxes are collected to help the state carry out its developmental projects for the benefit of the people,” he said.

Tags: Tax
ShareTweetPin
The Matters Press

The Matters Press

Related Posts

Japan’s Sumitomo opens third plant in Phnom Penh’s SEZ
Economy/Technology

Finance bill 2027, a wake-up call to free trade zone stakeholders

August 30, 2026
NLC’s insistence on eating the seed and expecting a harvest is a metaphor for an absurdity
Economy/Technology

ATIKU’S FUEL SUBSIDY RESTORATION CAMPAIGN PROMISE FAILS LITMUS TEST OF PRACTICABILITY AND SUSTAINABILITY

August 28, 2026
Southeast, Southwest worry over Atiku’s six-year policy plan
Economy/Technology

Atiku proposal will reduce distributable revenue, constrict cash flow to sub-nationals – IMPI

August 25, 2026
Salvaging basic education from ruins of Boko Haram war in Borno
Economy/Technology

Tinubu’s era most peaceful period in Nigeria’s tertiary education since 1999 – TMSG

August 17, 2026
Economic implications of Niger coup to Nigeria, ECOWAS
Economy/Technology

Military gets pay rise

August 5, 2026
Police nab 233 officers for graft
News

Nigeria marches toward state police

August 4, 2026
Next Post
Nigeria, WFP worry over food situation

High cost of transportation, extortion cause spike in food prices

Nigeria’s N225bn bonds oversubscribed

Invest in government securities to secure your finances

Recommended Stories

DMO raises N615bn Sukuk fund for roads

DMO advises Nigerians against raising alarm over national debt

January 6, 2023
Nigeria has not taken decision yet on fuel subsidy

World Bank gives Nigeria $800m to cushion impact of oil subsidy removal

April 6, 2023
Egypt’s economic strides excite AfDB

AfDB moves to insure farmers against effects of climate change

September 10, 2023

Popular Stories

  • Rising prices of goods cause protests in Morocco

    Rising prices of goods cause protests in Morocco

    0 shares
    Share 0 Tweet 0
  • NCC sets fresh operational fees, spectrum prices for telecom operators

    0 shares
    Share 0 Tweet 0
  • NLNG not responsible for gas supply shortfall, price hike

    0 shares
    Share 0 Tweet 0
  • Hoarding causes hike in prices of grains

    0 shares
    Share 0 Tweet 0
  • Prices of Petrol, diesel increase in November

    0 shares
    Share 0 Tweet 0
TheMattersPress

We bring you the best news update in Nigeria

LEARN MORE »

Recent Posts

  • Finance bill 2027, a wake-up call to free trade zone stakeholders
  • ATIKU’S FUEL SUBSIDY RESTORATION CAMPAIGN PROMISE FAILS LITMUS TEST OF PRACTICABILITY AND SUSTAINABILITY
  • Atiku proposal will reduce distributable revenue, constrict cash flow to sub-nationals – IMPI

Categories

  • Agriculture
  • Economy/Technology
  • Energy
  • Entertainment/sports
  • Features
  • Foreign
  • Multimedia
  • Natural Resources
  • News
  • Oil and Gas
  • Photo
  • Politics
  • Security
  • Thematterspress
  • Uncategorized
  • Video

© 2025 Domo Tech World - Powered by Thematterspress.

No Result
View All Result
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us

© 2025 Domo Tech World - Powered by Thematterspress.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Call Us