Business
Lagos Shuts Multi Choice Over Unpaid Tax
The Lagos State Government last week shut down the Head Office of Multi Choice Nigeria, owners of DSTV satellite television, over unpaid tax of about N150 million.
Reports says that the office was shut down by officials of the Lagos State Internal Revenue Service, (LIRS) after the satellite pay-TV outfit failed to remit the money to the government.
Special Adviser to Governor Babatunde Fashola on Taxation and Revenue, Mr Bola Shodipo, who confirmed the closure said that the action was taken to make the firm fulfil its obligation to the government.
Shodipo, who frowned at the rampant indebtedness of companies in tax payment, said the practice was undermining the revenue generation drive of the state government.
He vowed that the state government would not relent in going after companies who failed to voluntarily honour the payment of their taxes.
The special assistant, however, said discussions were ongoing between the state government and officials of the embattled firm over the issue, saying that the government might consider early re-opening of the shut office as soon as the money was remitted.
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FG Fixes Uniform Prices for Housing Units Nationwide, Approves N12.5m For 3-bedroom Bungalow ……..Says Move To Enhance Affordability, Ensures Fairness
“The approved selling prices are as follows: One-bedroom semi-detached bungalow, N8.5 million; two-bedroom semi-detached bungalow: N11.5 million and three-bedroom semi-detached bungalow, N12.5 million,” the statement added.
Minister of Housing and Urban Development, Ahmed Dangiwa, stated that priority in the allocation of the housing units would be given to low and middle-income earners, civil servants at all levels of government, employees in the organised private sector with verifiable sources of income, and Nigerians in the Diaspora who wish to own homes in the country.
The Permanent Secretary in the ministry, Dr. Shuaib Belgore, explained that several payment options have been provided to make the houses affordable and flexible. These include outright (full) payment, mortgage, rent-to-own scheme, and installment payment plans.
The ministry further announced that the sale of the completed housing units across the northern and southern regions will soon commence.
“Applications can be made through the Renewed Hope Housing online portal at www.renewedhopehomes.fmhud.
The ministry, however, clarified that the approved prices apply strictly to the Renewed Hope Housing Estates which are funded through the ministry’s budgetary allocation, as against the Renewed Hope Cities in Karsana Abuja, Janguza Kano, Ibeju Lekki, Lagos which are being funded through a Public Private Partnership (PPP).
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