FIRS Seals Jimoh Ibrahim’s NICON Luxury Hotel, NICON Insurance Over Unpaid Taxes


The Federal Inland Revenue Service, FIRS, enforcement team has sealed up two companies belonging to business mogul, Jimoh Ibrahim due to unpaid tax. The two companies, NICON Luxury Hotel and NICON Insurance were among others sealed in Lagos, Abuja, Owerri and Kaduna on Thursday.


FIRS Warrant of Distraint revealed that Ibrahim’s NICON Luxury Hotel located in Garki, Area 11, Abuja was sealed off for owing about N392, 623,765.00 in unpaid tax liabilities. The service claimed the amount was made up of unpaid/unremitted liabilities of the hotel in Company Income Tax, Education Tax, Withholding Tax and Value Added Tax between year 2009 to 2013.