• About Us
  • Advertise
  • Contact Us
  • Privacy Policy
Sunday, July 27, 2025
No Result
View All Result
NewsNet Nigeria
  • Home
  • News
    • Local News
    • National
  • Politics
  • Economy
    • Oil and Gas
  • Crime
  • Education
  • Health
  • Entertainment
    • Lifestyle
  • Sports
  • MORE
    • Interview
    • Editorial
    • Opinion
    • Columns
    • Science & Tech
    • Videos
NewsNet Nigeria
No Result
View All Result
Home Economy

Delta govt seals Bellwood Hotel, Lapo Micro Finance Bank, others for defaulting in tax payment

by NewsNet Nigeria
2 years ago
in Economy
Delta govt seals Bellwood Hotel, Lapo Micro Finance Bank, others for defaulting in tax payment
Share on FacebookShare on TwitterShare on LinkedinShare on Whatsapp

Delta State Board of Internal Revenue Service has completed its enforcement exercise across the state with an assurance of the commitment of the Governor Sheriff Oborevwori-led administration to the overall development of the state.

Executive Director, Legal Services, of the State Revenue Service, Mrs Orezi Esievo, who stated this while on an enforcement exercise, where some business premises across the state were sealed for defaulting in tax payment, stressed the need for the people to imbibe the culture of tax compliance, for derivable benefits.

Executive Director, Legal Services, Mrs Orezi Esievo, who is in charge of compliance and enforcement, said the exercise became necessary following the refusal of some business owners to honour the various demand notices issued by the Revenue Service, which she described as a deliberate flouting of order.

ALSO READ  At 62: Prof. Nwugo Describes Oborevwori as a Wonder-Working Governor Ordained for This Generation

She expressed displeasure at the nonchalance of business operators to pay tax, an attitude she noted does not support good governance and the MORE agenda of the state governor.

According to her, the administration of Governor Sheriff Oborevwori has plans for an all-round development of the state urging the people to reciprocate by paying their taxes to actualise the plans.

She listed the benefits derivable from tax compliance to include the provision of sustainable finance and funding for governance, provision of public and social services, as well as infrastructure and economic development.

ALSO READ  Prof. Frank Nwugo Hails Okowa at 66, Describes Him as Mentor, Political Encyclopedia

Mrs Esievo, a lawyer, said the BIRS led by Honourable Solomon Igrakpata is committed to improving the Internally Generated Revenue (IGR) of the state noting that tax compliance serves as a gauge for measuring development and growth in all sectors of the economy.

The Executive Director, Operations, Dr. Frank Nwugo, noted with concern that many taxpayers in the state were defaulting with its attendant consequences, penalties, and sanctions.

He urged them to pay up to enable the government to discharge its responsibilities to the citizens.

ALSO READ  Prof. Frank Nwugo Hails Okowa at 66, Describes Him as Mentor, Political Encyclopedia

Dr. Nwugo said it behoves every individual, co-operate entity, and organization to pay their tax, as it gives them the moral and legal right to accountability, bringing about the redistribution of wealth and bridging the wide disparities in the living standards of the people.

Companies sealed in Asaba, Ogwash-Uku, Agbor and their environs include the Wise Penny Hotel, Twin City Hospital, Bellwood Hotel, Eco Bank Plc, Edith’s Supermarket, Lapo Micro Finance Bank, Madonna International School, Union Bank, Oando filling station, and Total filling station.

Previous Post

Gbagi plaza in Delta shut down over hike in store rent 

Next Post

Mr Ibu’s leg amputated – Family source

MORE NEWS

Agbateyiniro Redefines Local Governance with Road, Bridge, Education, Health Projects in Warri South
Economy

Agbateyiniro Redefines Local Governance with Road, Bridge, Education, Health Projects in Warri South

July 26, 2025
Oyibode Showcases Achievements in Udu as NUJ Launches One-Year Stewardship Assessment of Delta Council Chairmen
Economy

Oyibode Showcases Achievements in Udu as NUJ Launches One-Year Stewardship Assessment of Delta Council Chairmen

July 26, 2025
You cannot remain overseas and still be on the payroll – Oborevwori to Delta civil servants
Economy

Delta Govt to Construct Flyovers at Agbor, Ughelli in N230bn Infrastructure Drive

July 23, 2025
Delta State IRS Records Over N104 Billion in 2025 Half-Year IGR, Eyes Surpassing Annual Target
Economy

Delta State IRS Records Over N104 Billion in 2025 Half-Year IGR, Eyes Surpassing Annual Target

July 21, 2025
Next Post
Mr Ibu’s leg amputated – Family source

Mr Ibu’s leg amputated – Family source

Leave Comment

RECENT STORIES

Fresh Tragedy Hits AAUA as Another Student is Murdered by Boyfriend, Sparks Protest

Fresh Tragedy Hits AAUA as Another Student is Murdered by Boyfriend, Sparks Protest

July 26, 2025
Agbateyiniro Redefines Local Governance with Road, Bridge, Education, Health Projects in Warri South

Agbateyiniro Redefines Local Governance with Road, Bridge, Education, Health Projects in Warri South

July 26, 2025
Oyibode Showcases Achievements in Udu as NUJ Launches One-Year Stewardship Assessment of Delta Council Chairmen

Oyibode Showcases Achievements in Udu as NUJ Launches One-Year Stewardship Assessment of Delta Council Chairmen

July 26, 2025
Okowa’s Top Aide, Hilary Ibegbulem, Mourns Father’s Passing

Okowa’s Top Aide, Hilary Ibegbulem, Mourns Father’s Passing

July 26, 2025
Sports University of Nigeria, Idumuje-Ugboko: “A National Vision Made Manifest,” Says Senator Ned Nwoko as 2025/2026 Admissions Begin

Sports University of Nigeria, Idumuje-Ugboko: “A National Vision Made Manifest,” Says Senator Ned Nwoko as 2025/2026 Admissions Begin

July 26, 2025

TRENDING STORIES

  • Solidarity Walk for Tinubu, Omo-Agege a Huge Success – Erhire Counters Oharisi’s Boycott Claims

    Solidarity Walk for Tinubu, Omo-Agege a Huge Success – Erhire Counters Oharisi’s Boycott Claims

    0 shares
    Share 0 Tweet 0
  • Omo-Agege Rejected in Ughelli North as One Million-Man March Flops — Oharisi

    0 shares
    Share 0 Tweet 0
  • Dafinone: Creation of Ethiope State Will Correct Historical Injustice, Empower Urhobo Nation

    0 shares
    Share 0 Tweet 0
  • Warri Urhobo APC Members Hold Unity Meeting, Adopt 8-Man Leadership Council

    0 shares
    Share 0 Tweet 0
  • Delta Assembly Passes Community Security Corps Bill to Bolster Local Security Architecture

    0 shares
    Share 0 Tweet 0
  • About Us
  • Advertise
  • Contact Us
  • Privacy Policy

NEWSNET NIGERIA Published By: Morex Consult Limited - Since 2020.

No Result
View All Result
  • Home
  • News
    • Local News
    • National
  • Politics
  • Economy
    • Oil and Gas
  • Crime
  • Education
  • Health
  • Entertainment
    • Lifestyle
  • Sports
  • MORE
    • Interview
    • Editorial
    • Opinion
    • Columns
    • Science & Tech
    • Videos

NEWSNET NIGERIA Published By: Morex Consult Limited - Since 2020.