Friday, December 5, 2025
HomeNewsEdo Govt Seals Market Square Over N27m Tax Debt

Edo Govt Seals Market Square Over N27m Tax Debt

The Edo State Internal Revenue Service (EIRS) has sealed the premises of Market Square (Sunday Foods) over unpaid taxes amounting to ₦27,005,117.97.

In a statement on Friday, the EIRS Head of Corporate Communications, Courage Eboigbe, explained that the debt arose from an audit covering the period between 2018 and 2023. The liabilities include outstanding Pay-As-You-Earn (PAYE) and Withholding Tax.

According to the statement, the audit findings and subsequent tax assessment were duly communicated to Market Square, which did not object. This made the assessment final and enforceable.

Following the company’s refusal to settle the debt, the EIRS, armed with a court order, sealed the premises to recover the outstanding taxes on behalf of the Edo State Government.

“The EIRS is prepared to unseal the premises immediately upon confirmation of full payment,” Eboigbe stated.

He stressed that tax compliance is a civic duty that enables the government to provide critical infrastructure and public services.

Eboigbe also noted that compliance fosters a healthy business environment and strengthens corporate reputation. He commended all law-abiding taxpayers in the state while urging others to promptly fulfill their tax obligations.

 

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