Close Menu
MarketForces AfricaMarketForces Africa
    What's Hot

    GTBank Increases Naira Debit Card Spend by 100% to $40k

    August 11, 2026

    Nigerian Naira Rallies as Foreign Investors Keep FX Supply Flowing

    August 11, 2026

    XRP Price Falls to $1 as Retail, Institutional Investors Sell

    August 11, 2026
    Facebook X (Twitter) Instagram
    Trending
    • GTBank Increases Naira Debit Card Spend by 100% to $40k
    • Nigerian Naira Rallies as Foreign Investors Keep FX Supply Flowing
    • XRP Price Falls to $1 as Retail, Institutional Investors Sell
    • NGX Market Cap Tops N160trn as Equities Investors Gain N1.91trn
    • Gabon’s Revised 2026 Budget Leaves Deficit High, Financing Uncertain -Fitch
    • Bitcoin Price Declines as Strategy Inc. Sold BTC to Purchase Stocks
    • Alibaba Tokenised bStocks Up, Buoyed by Investors’ Interest in RWAs
    • Robinhood Launches Crypto Trading for UK Investors
    • Home
    • About Us
    Facebook X (Twitter) Instagram LinkedIn WhatsApp TikTok Telegram
    MarketForces AfricaMarketForces Africa
    Subscribe
    Tuesday, August 11
    • Home
    • News
    • Analysis
    • Economy
    • Mobile Banking
    • Entrepreneurship
    MarketForces AfricaMarketForces Africa
    MarketForces Africa » MarketNews » KADIRS Collates Liabilities Owed by KAEDCO for Enforcement

    KADIRS Collates Liabilities Owed by KAEDCO for Enforcement

    Marketforces AfricaBy Marketforces AfricaAugust 5, 2024 MarketNews No Comments2 Mins Read
    KADIRS Collates Liabilities Owed by KAEDCO for Enforcement
    Share
    Facebook Twitter LinkedIn Pinterest Email Tumblr Reddit Telegram WhatsApp Copy Link

    KADIRS Collates Liabilities Owed by KAEDCO for Enforcement

    The Kaduna State Internal Revenue Service (KADIRS) has requested MDAs  to forward all outstanding non-tax liabilities such as levies, fees  and fines owed by the Kaduna Electricity Distribution Company (KAEDCO) for enforcement.

    The request was issued to the Kaduna State Geographic Information Service (KADGIS), Kaduna State Water Administration Corporation (KADSWAC), Kaduna State Water Regulatory Commission and Kaduna Environmental Protection Agency (KEPA).

    This is contained in a  statement signed by the Executive Chairman of KADIRS, Mr Jerry Adams, and made available to newsmen on Saturday in Kaduna.

    KADIRS, on Friday  sealed the KAEDCO’s Head Office in Kaduna over a N600 million  unpaid tax. Also, KAEDCO, after KADIRS’ exercise on the same day, disconnected the Kaduna State Government House over a N2.9 billion electricity debt.

    Adams explained that the sealing of KAEDCO’s head office was a consequence of just the N600 million  tax liability accruable to the state. He said other levies, fines and rates payable to the state were yet to be considered.

    Going forward, Adams however, said the service was open to further engagements with KAEDCO and all the relevant parties for an amicable resolution of the issues.

    He equally said, ”In the ongoing issues between KAEDCO and Kaduna State Government, Gov. Uba Sani is committed to attracting investors and improving the ease of doing business in the state.

    ”Investors are equally expected to carry out their civic responsibilities of paying taxes for the improvement of infrastructure, security and overall service delivery for the businesses to thrive.”

    Adams reminded the public of the provisions of section three, subsection two (b) and (c) of the Kaduna State Tax Codification and Consolidation Law.

    The executive chairman explained that the provisions mandated KADIRS to collect and enforce the payment of taxes, levies, fees and rates due to all the MDAs and local governments of the state.

    He restated KADIRS’s commitment to an equitable taxation, adding that they would not overburden the poor with taxes.

    Adams said, ”Rather, we will identify and carry out enforcement measures on tax evasive, non-compliant organisations and high net worth individuals without minding whose ox is gored.” Why I Removed Fuel Subsidy – Tinubu

    Banks CBN Central Bank of Nigeria Investors Naira NGX Nigeria Nigerian Stock Exchange
    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

    GTBank Increases Naira Debit Card Spend by 100% to $40k

    Nigerian Naira Rallies as Foreign Investors Keep FX Supply Flowing

    XRP Price Falls to $1 as Retail, Institutional Investors Sell

    NGX Market Cap Tops N160trn as Equities Investors Gain N1.91trn

    Gabon’s Revised 2026 Budget Leaves Deficit High, Financing Uncertain -Fitch

    Bitcoin Price Declines as Strategy Inc. Sold BTC to Purchase Stocks

    Add A Comment

    Comments are closed.

    Editors Picks

    GTBank Increases Naira Debit Card Spend by 100% to $40k

    August 11, 2026

    Nigerian Naira Rallies as Foreign Investors Keep FX Supply Flowing

    August 11, 2026

    XRP Price Falls to $1 as Retail, Institutional Investors Sell

    August 11, 2026

    NGX Market Cap Tops N160trn as Equities Investors Gain N1.91trn

    August 10, 2026

    Gabon’s Revised 2026 Budget Leaves Deficit High, Financing Uncertain -Fitch

    August 10, 2026
    Latest Posts

    GTBank Increases Naira Debit Card Spend by 100% to $40k

    August 11, 2026

    Nigerian Naira Rallies as Foreign Investors Keep FX Supply Flowing

    August 11, 2026

    XRP Price Falls to $1 as Retail, Institutional Investors Sell

    August 11, 2026

    NGX Market Cap Tops N160trn as Equities Investors Gain N1.91trn

    August 10, 2026

    Gabon’s Revised 2026 Budget Leaves Deficit High, Financing Uncertain -Fitch

    August 10, 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.