KADUNA REVENUE SERVICE CRACKS DOWN ON BUSINESSES OVER UNPAID TAXES, SEALS LIBERTY RADIO/TV, MILLENNIUM HOTELS, OTHERS. (PHOTOS).

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 Kaduna Revenue Service Cracks Down On Businesses Over Unpaid Taxes, Seals Liberty Radio/TV, Millennium Hotels, Others In a bid to bolster revenue collections and ensure tax compliance, the Kaduna State Internal Revenue Service has taken decisive action against several businesses with significant tax arrears. The crackdown saw the sealing of various business premises across the state. Among the establishments affected are Liberty Radio/TV, Martaba Millennium Hotels, and others, which were found to have substantial unpaid taxes.  The sealed premises include Admiralty Naval Suites, Bijo Surgical & Scientific Limited, Zedvance Finance Limited, Big City Event Centre, Deluxe Suites, TXTLight Power Solution, Lek Dental & Maxillo Facial Hospital, Martaba Millennium Hotel, Azaka, and Enyo Filling Station. Each of these businesses was cited for its respective tax liabilities, ranging from thousands to millions of Naira. More photos below. 
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LAGOS RAKES IN N101.69BN,IN THE 1ST QUARTER OF 2016+PARTNERS JAPANESE AGENCY ON N300BN MARINA-IKOYI LEKKI MONORAIL PROJECT.

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               The Lagos State Government generated a total revenue of N102.69bn in the first quarter of 2016 out of which a surplus of N4.85bn was realized as against an expected N29.92bn deficit,the State's Commissioner for Economic Planning and Budget,Mr Akinyemi Ashade said today monday.Speaking at the ongoing Ministerial Press Briefing held at the Bagauda Kaltho Press Centre in Alausa,Ikeja to commemorate Governor Akinwunmi Ambode's first year in office,Ashade said the generated revenue was above that of 2015 which stood at N97.28bn in the first quarter,adding that in absolute terms,the revenue performance was N4.4bn more than comparative period of 2015.Ashade said the remarkable feat was achieved despite the diminishing statutory allocation from the federation account,adding that same was due to Governor Ambode's purposeful and visionary leadership.He expressed optimism that with the implementation of multiple revenue collection channels and broadening of the revenue base,the State Government would achieve tremendous progress in its revenue drive.Giving a detailed breakdown of the budget performance,the Commissioner said N76.06bn was the Internally Generated Revenue {IGR} of the State in the first quarter representing 72 percent of the estimate for the quarter and 75 percent of the total revenue,as against the N67.21 nb generated in the first quarter of 2015 representing 74 percent of the estimate and 69 percent of the total revenue in the corresponding period for last year.He said the Lagos Internal Revenue Service {LIRS} revenue for the first quarter of 2016 stood at N67.25bnn representing 90 percent estimate for the quarter and 88 percent of the total IGR and 66.12 percent of the total revenue,compared to N60.58bn {87 percent of the estimate for Q1 Y2015},representing 90 percent of total IGR and 62 percent of total revenue in 2015.More photos below.                                                                                               

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