FIRS Shuts GLO Offices Over Failure To Remit N24.3bn VAT

A major telecommunication company has been dealt an embarrassing blow after its workers were pursued out of their offices and building locked up.

glo office
The Federal Inland Revenue Service on Wednesday came hard on a major telecommunications company, Globacom Limited by shutting its offices in Lagos for failure to remit N24.3bn in Value Added Tax.

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FIRS also did not spare Erin Petroleum Nigeria Limited, formerly known as Camac Petroleum Limited, as its offices was also closed for not remitting N107.3m and $10.6m.

This comes after FIRS served the companies a six-week notice earlier given to them to pay up.

The embarrassing drama was led by FIRS, Director of Enforcement, Mr. Emeka Obiagwu who stormed the work stations to seal the offices.

The affected offices are Globacom Towers, located on Mike Adenuga Close; GloWorld, on Adeola Odeku Street; and another service station at 17, Saka Tinubu Street; all on Victoria Island, Lagos.

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5 Comments

  1. Globalcom should made payment plan to settle the VAT liability. Glo is in the habit of owing many companies. Thank God, this indebtedness is to government. Glo is owing a lot of suppliers.

  2. This is good,if you refused to pay VAT where do you want Government to get fund to finance projects. FIRS carry go not only Glo but others who fail to pay remits

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