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Kaduna govt seals KAEDCO over N600m unpaid tax

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Ibrahim Ramalan
Ibrahim Ramalan
Ibrahim Ramalan is a graduate of Mass Communications from the Ahmadu Bello University (ABU) Zaria. With nearly a decade-long, active journalism practice, Mr Ramalan has been able to rise from a cub reporter to the exalted position of an editor; first as Arts Editor with the Blueprint Newspapers before resigning in 2019; second and presently as an Associate Editor of the Daily Nigerian online newspaper. He can be reached via ibroramalan@gmail.com, or www.facebook.com/ibrahim.ramalana, or @McRamalan on Twitter.
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The Kaduna State Internal Revenue Service, KADIRS, has sealed the Kaduna Electricity Distribution Company, KAEDCO, over a N600 million tax liability.

Speaking to newsmen after the exercise in the early hours of Friday, the Executive Chairman of KADIRS, Jerry Adams, said the operation was an execution of a Court order to restrain KAEDCO over the liability due to the state.

Mr Adams explained that the N600 million tax liability was from 2015 to 2022, where they did all the reconciliations with KAEDCO the firm agreeing to pay a substantial amount of the liability.

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The executive chairman, however, lamented, “Till this moment, since last year that the liability was established, KAEDCO has not met what it committed to do.

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“We are backed by the law to seal and take over their premises in order to ensure compliance, and that is what we executed this morning, “he said.

Mr Adams called on other businesses, individuals, corporate organisations and the public to always ensure voluntary comply in tax payments.
NAN

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