Edo IRS seals Rongtai Group, eight others over N8.9bn unpaid tax liabilities
The Edo State Internal Revenue Service (EIRS) on Friday, October 29, 2026, sealed off the industrial premises of Rongtai Plastic Company Limited and eight other corporate entities operating in the Utesi Community of Ikpoba-Okha Local Government Area of Edo State, over unremitted tax liabilities totaling ₦8,982,000,000.00 (Eight Billion, Nine Hundred and Eighty-Two Million) Naira. The […]
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The Edo State Internal Revenue Service (EIRS) on Friday, October 29, 2026, sealed off the industrial premises of Rongtai Plastic Company Limited and eight other corporate entities operating in the Utesi Community of Ikpoba-Okha Local Government Area of Edo State, over unremitted tax liabilities totaling ₦8,982,000,000.00 (Eight Billion, Nine Hundred and Eighty-Two Million) Naira.
The affected companies, predominantly Chinese-owned firms operating within the area, include Rongtai Hardware Limited, Rongtai Energy Technology Company Limited, Rongtai Building Materials Company Limited and Rongtai Food Company Limited.
Others are Five Star Wire and Cable Company, Xin Guo Technology Nig. Ltd, Changrong Wood Nigeria Limited and Shunda Nigeria Enterprise.
Through a press statement made available to the Nigerian Observer Newspaper, the EIRS stated that the tax liabilities stemmed from the non-compliance of these organizations at fulfilling their mandatory tax obligations, specifically from their failure to register employees for Pay-As-You-Earn (PAYE) tax, failure to file Annual Employer’s Tax Returns, and failure to deduct and remit PAYE taxes.
Prior to the enforcement, formal notices detailing the established liabilities were individually communicated to all nine companies.
The EIRS stated that despite repeated reminders and demands for compliance, the named organizations failed to resolve their outstanding obligations, compelling the EIRS to exercise its legal power of distraint to seal off their operational sites via valid Court Orders.
The enforcement orders remain in effect, and the seals will be removed upon settlement of all outstanding tax liabilities by the defaulting companies.
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About this article
- Length
- 241 words · 1 min read
- Published
- October 30, 2026
- Byline
- BERNADETTE IDALU
- Source
- Nigerian Observer