T he Kaduna State Internal Revenue Service (KADIRS) has sealed the premises of the Kaduna Electricity Distribution Company (KAEDC) over an unpaid tax liability of N600 million.
Zakari Muhammad, the head of corporate communications at KADIRS, stated on Friday that the sealing was executed following a court order. According to Muhammad, the action is in compliance with sections 104 (1) & (4) of the Personal Income Tax Act, 2011, and sections 37 (3) & (4) of the Kaduna State Tax Codification and Consolidation Law, 2020.
"The Kaduna State Internal Revenue Service, in the exercise of its vested powers pursuant to Section 104 (1) & (4) of Personal Income Tax Act, 2011, and Section 37 (3) & (4) of the Kaduna State Tax Codification and Consolidation Law, 2020, has sealed up the business premises of Kaduna Electric due to huge established tax liabilities," the statement reads. "The Service secured a court order for the immediate closure and taking over of the company’s property until all unpaid taxes are settled."
Earlier today, KAEDC disconnected the power supply to the government house and other government facilities in the state over a debt of N2.9 billion. The DisCo stated that the debt had accumulated over seven months, from January to July, along with historical arrears. KAEDC described the disconnection as a "last resort," noting that the disconnection notice was issued on July 21 and received by the governor’s office on July 22.
On January 9, the Nigerian Electricity Regulatory Commission (NERC) dissolved the board of directors of KAEDC. This dissolution followed the DisCo’s inability to pay a N110 billion debt owed to the Nigerian Electricity Supply Industry (NESI), according to an order signed by NERC chairman Sanusi Garba and his vice, Musiliu Oseni.
0 Comments