Mixed Reactions As Lagos Shuts Down 34 Companies

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Lagos State Government has taken action against 34 companies operating within the state for allegedly failing to remit their employees' personal income tax and other taxes, resulting in a total amount of N356.12 million in unremitted funds.

 The Director of Legal Services at the Lagos State Internal Revenue Service (LIRS), Seyi Alade, confirmed this during a state-wide tax law enforcement exercise. These companies, which also include those in the hospitality sector, were accused of deducting personal income taxes from their employees' salaries and charging consumption taxes on goods and services but unlawfully withholding these payments for their own use.


Here is the full list of the companies that have been shut down:


1. NTS Nigeria Ltd

2. Med-In Hospital & Pharma Services Ltd

3. Danvic Petroleum Int’l Ltd

4. Business Intelligence Technology

5. Avaya Nigeria Ltd

6. Gladstone Tech Ltd

7. Courier Plus Services Ltd

8. Kurioucity Ltd

9. Medilag Ventures Ltd

10. Future Oilfields

11. Seven Six and Ten Limited

12. Blitz Suites and Hotel

13. Offshoroomz Hotel

14. God’s Grace Hotel

15. De Orange Place Ltd

16. De Santos Hotel

17. Kentade Hotel Limited

18. Chamcee

19. Chelsea Suites

20. Falode Hotels

21. High Climax Hotel

22. Chez Moi Apartment

23. Excellence Hotel

24. Bereans Venture (Tantalizer Ebute Metta)

25. La Avril Hotel and Suites

26. De Orange Place Ltd

27. Milaco Guest House

28. New World Inn

29. Model Motels Ltd

30. Rely Maritime Ltd

31. 4 Seasons Hotel

32. Dream Land Hotel

33. North Restaurant and Lounge

34. Jade Palace Chinese Restaurant.


The shutdown of these companies is part of the government's efforts to ensure tax compliance and revenue generation.

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