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Premier Lotto Office Shut Over N799m Tax Debt

Officials of the Federal Inland Revenue Service on Monday sealed the premises of Premier Lotto, better known as Baba Ijebu, over N798,660,671 tax debt.

The Premier Lotto office is located at 112 Funsho Williams Avenue, Surulere, Lagos.

Effort by Premier Lotto chairman, Adebutu Kessington, to prevail on officials of the Federal Inland Revenue Service, FIRS, who carried out the distraint order, failed.

The distraint order, signed by the FIRS chairman, Babatunde Fowler, said the recovery of the tax arrears was being done “in exercise of the power vested in it by Section 33 of the Federal Inland Revenue Service (Establishment Act) No 13 of 2007 and Section 44 (2) of the Constitution of the Federal Republic of Nigeria 1999.”

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