Skip to content
August 17, 2026
  • Home
  • About us
  • Contact us
  • Newsletter
  • Privacy Policy
Political Economist

Political Economist

A liberal News reporting Politics, Sports, Business, Commentaries

  • Home
  • National News
    • Metro News
      • metro
    • Society
    • Crime and Justice
  • Special Reports
    • Investigation
    • Features
    • Interviews
  • Opinion
    • Commentaries
    • Perspectives
  • Press Releases
  • International News
  • Business & Economy
  • Politics
Watch Online
  • Home
  • National News
  • Benue govt. seals Unity bank over alleged tax evasion
  • National News

Benue govt. seals Unity bank over alleged tax evasion

Admin October 17, 2017

Customers of Unity Bank Plc in Benue have continued to groan following the sealing of the bank’s premises by the state government  over alleged tax default since May.

The bank allegedly failed to remit N105 million Personal Income Tax/Assets to the Benue Board of Internal Revenue Services (BIRS).

The News Agency of Nigeria (NAN) reports that the bank was sealed along with three others on May 25.

NAN checks on Tuesday revealed that all the branches in the state were affected by the action.

The Board Executive Chairman, Mrs Mimi Orubibi, had told newsmen that the enforcement was in compliance with the Personal Income Tax Act, 2011 (amended) and  the Benue State Internal Revenue Administration Law 2015.

Orubibi had explained that the affected banks failed to comply with tax laws, court orders and failed to supply the board with all the necessary documents for auditing.

She said that the banks were all given “best of judgement” after failing to remit the monies at the expiration of seven days demand notices which were served on them on April 10.

The tax boss further disclosed that other banks in the state had complied with the board and reconciliation was ongoing.

However, customers were seen complaining to security guards at the bank’s gates following the continuous sealing of the premises.

They expressed frustration and disappointment as the situation had created hardships, especially in feeding their families for months, following their inability to access funds from the bank, including their salaries.

Mr James Audu, a customer, told NAN that the bank had failed to keep its social contract with customers.

Audu expressed disappointment at the behaviour of the bank management, adding that it had continued to keep quiet over the matter.

“I have never seem a situation like this in my life where a bank will close for good four months in a state, forcing its customers to suffer simply because it failed to remit tax. ”

Also, Mr Alson Yakubu, a worker, said the bank had disgraced the sector.

Yakubu explained that pensioners and civil servants in the state, who were patronising the bank, were groaning as they could not access their emolument even though they were paid.

At the bank, customers expressed general disappointment and threatened to close their accounts from the affected bank.

Several attempts by a NAN correspondent to get reaction from the branch manager of the bank and other officials proved abortive as non of them was around. (NAN)

The security guards on duty were also not helpful as they refused to give phone numbers of any official of the bank.NAN

  • Facebook
  • Share on X
  • LinkedIn
  • WhatsApp
  • Email
  • Copy Link

Post navigation

Previous Why I called for international conference on Northeast – Saraki
Next Google to launch advanced Gmail security features

Related Stories

NPF arrests, repatriates Chadian fugitive wanted for murder in N’Djamena  Ekiti abductors
  • National News

NPF arrests, repatriates Chadian fugitive wanted for murder in N’Djamena 

August 17, 2026
BBNaija: Kamsy loses out on N160m cash prize, evicted
  • National News

BBNaija: Kamsy loses out on N160m cash prize, evicted

August 17, 2026
Former Kaduna Gov. El-Rufai Sues ICPC, AGF for N10bn Over Denied Family Access in Custody ICPC
  • National News

Former Kaduna Gov. El-Rufai Sues ICPC, AGF for N10bn Over Denied Family Access in Custody

August 16, 2026
logo

Political Economist is a liberal news magazine with global affiliations.

At Political Economist, we promote free enterprise and act as a catalyst for the growth of knowledge economy. We are proudly pan-Nigeria yet richly spiced with African and global news. We offer a fair and balanced news reportage presented by our team of well-heeled professional journalists. <

About us

  • 5 Olutosin Ajayi Street, By CPM Church, Ajao Estate, Lagos State, Nigeria
  • +234 805 680 1124
  • info@politicaleconomistng.com

Follow

Subscribe to notifications

You may have missed

Teenager Arrested in Kebbi State for Abducting Newborn Baby to Deceive Husband Police
  • Crime and Justice

Teenager Arrested in Kebbi State for Abducting Newborn Baby to Deceive Husband

August 17, 2026
Groundbreaking ‘Sundiata Post Model’ Concludes, Proposing New Lexicon for 21st-Century Journalism
  • Commentaries

Groundbreaking ‘Sundiata Post Model’ Concludes, Proposing New Lexicon for 21st-Century Journalism

August 17, 2026
West Africa cocoa sector struggles to meet EU anti-deforestation rules, raising supply concerns
  • Business & Economy

West Africa cocoa sector struggles to meet EU anti-deforestation rules, raising supply concerns

August 17, 2026
NPF arrests, repatriates Chadian fugitive wanted for murder in N’Djamena  Ekiti abductors
  • National News

NPF arrests, repatriates Chadian fugitive wanted for murder in N’Djamena 

August 17, 2026
  • Home
  • About us
  • Contact us
  • Newsletter
  • Privacy Policy
Copyright © All rights reserved. | DarkNews by AF themes.