Close Menu
MarketForces AfricaMarketForces Africa
    What's Hot

    FG, PSML Sign $1.3bn deal to Revive Delta Steel Coy

    August 21, 2026

    Global Markets Indices Drop as Investors Rotate Positions

    August 21, 2026

    Iranian Oil Export Receipts Fall to Zero, Central Bank Says

    August 21, 2026
    Facebook X (Twitter) Instagram
    Trending
    • FG, PSML Sign $1.3bn deal to Revive Delta Steel Coy
    • Global Markets Indices Drop as Investors Rotate Positions
    • Iranian Oil Export Receipts Fall to Zero, Central Bank Says
    • Nigeria, PSML Sign $1.3bn Deal to Revive Delta Steel Company
    • Ethereum Extends Rally on US Treasury Buyback Bets, ETF Inflows
    • XRP Soars 19% on Regulatory Tailwinds, Ripple Partnership Update
    • Bitcoin Tops $75K over US Treasury Buybacks Euphoria
    • Overnight Rate Dips as T-Bill Inflow Boosts Market Liquidity
    • Home
    • About Us
    Facebook X (Twitter) Instagram LinkedIn WhatsApp TikTok Telegram
    MarketForces AfricaMarketForces Africa
    Subscribe
    Friday, August 21
    • Home
    • News
    • Analysis
    • Economy
    • Mobile Banking
    • Entrepreneurship
    MarketForces AfricaMarketForces Africa
    MarketForces Africa » MarketForces News » Agency Seals UBA Branches in Kaduna State Over Alleged N14.3m Unpaid Tax

    Agency Seals UBA Branches in Kaduna State Over Alleged N14.3m Unpaid Tax

    Marketforces AfricaBy Marketforces AfricaApril 24, 2024 News No Comments2 Mins Read
    Agency Seals UBA Branches in Kaduna State Over Alleged N14.3m Unpaid Tax
    Share
    Facebook Twitter LinkedIn Pinterest Email Tumblr Reddit Telegram WhatsApp Copy Link

    Agency Seals UBA Branches in Kaduna State Over Alleged N14.3m Unpaid Tax

    The Kaduna Internal Revenue Service (KADIRS) on Wednesday sealed the United Bank for Africa branches in the state metropolis over an alleged N14.3 million unpaid tax.

    Speaking to newsmen after the exercise, Hajiya Aysha Ahmad, the KADIRS Board Secretary/Legal Adviser, said the enforcement was to ensure tax compliance in the whole state concerning withholding taxes and money agents

    “We sent so many demand notices to them. We have asked them to pay the money but they refused, we are left with no other option but to enforce,” she said.

    Ahmad added that the service wants voluntary compliance with tax payment while lamenting that the defaulter had been recalcitrant.

    She, however, said when the defaulters pay, the service would unseal the premises.

    Speaking further, the board secretary said the enforcement was part of a process to achieve the N120 billion revenue target set by the Kaduna state government.

    “To achieve a target, there is always a starting point. Sealing UBA branches in the state for tax default is our start. We are also going after all other defaulters to get what is due to the state government.

    “We served them with demand notices. We have been communicating with their consultant and Headquarters. They even took us to court and the outcome was like a win-win situation at the tax appeal tribunal.

    “The court gave us directives to review our assessment which we did and they did not still comply. It is on the reviewed assessment we are enforcing this morning,”she said. Naira Devaluation Deepens Economic Crisis in Nigeria

    Ahmad called on the people of the state to ensure voluntary tax compliance, describing it as a civic responsibility.

    Banks Investors Nigeria
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Marketforces Africa
    • Website
    • Facebook
    • X (Twitter)
    • Instagram
    • LinkedIn

    MarketForces Africa, a Financial News Media Platform for Strategic Opinions about Economic Policies, Strategy & Corporate Analysis from today's Leading Professionals, Equity Analysts, Research Experts, Industrialists and, Entrepreneurs on the Risk and Opportunities Surrounding Industry Shaping Businesses and Ideas.

    Keep Reading

    FG, PSML Sign $1.3bn deal to Revive Delta Steel Coy

    Global Markets Indices Drop as Investors Rotate Positions

    Iranian Oil Export Receipts Fall to Zero, Central Bank Says

    Nigeria, PSML Sign $1.3bn Deal to Revive Delta Steel Company

    Ethereum Extends Rally on US Treasury Buyback Bets, ETF Inflows

    XRP Soars 19% on Regulatory Tailwinds, Ripple Partnership Update

    Add A Comment

    Comments are closed.

    Editors Picks

    FG, PSML Sign $1.3bn deal to Revive Delta Steel Coy

    August 21, 2026

    Global Markets Indices Drop as Investors Rotate Positions

    August 21, 2026

    Iranian Oil Export Receipts Fall to Zero, Central Bank Says

    August 21, 2026

    Nigeria, PSML Sign $1.3bn Deal to Revive Delta Steel Company

    August 21, 2026

    Ethereum Extends Rally on US Treasury Buyback Bets, ETF Inflows

    August 21, 2026
    Latest Posts

    FG, PSML Sign $1.3bn deal to Revive Delta Steel Coy

    August 21, 2026

    Global Markets Indices Drop as Investors Rotate Positions

    August 21, 2026

    Iranian Oil Export Receipts Fall to Zero, Central Bank Says

    August 21, 2026

    Nigeria, PSML Sign $1.3bn Deal to Revive Delta Steel Company

    August 21, 2026

    Ethereum Extends Rally on US Treasury Buyback Bets, ETF Inflows

    August 21, 2026

    Subscribe to News

    Get the latest sports news from Dmarketforces Africa about finance, business and tech.

    Advertisement
    Facebook X (Twitter) Pinterest Vimeo WhatsApp TikTok Instagram

    News

    • World
    • Politics
    • Economy
    • Business
    • Opinions
    • Fintech
    • Science & Technology

    Company

    • About us
    • Advertising
    • Classified Ads
    • Contact Info
    • Editorial Policy

    Services

    • Subscriptions
    • Research
    • Due Diligence
    • Newsletters
    • Sponsored News
    • Work With Us

    Subscribe to Updates

    Subscribe to updates from MarketForces Africa, an independent financial news service provider.

    © 2026 MarketForces Africa. All rights reserved.
    • Privacy Policy
    • Terms
    • Accessibility

    Type above and press Enter to search. Press Esc to cancel.