
Nigeria’s consumers are facing a surge in tomato prices, with costs skyrocketing across the country. The sharp increase has left
read more Explainer: Why tomato prices are surging
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Nigeria’s consumers are facing a surge in tomato prices, with costs skyrocketing across the country. The sharp increase has left
read more Explainer: Why tomato prices are surging

Abia State Board of Internal Revenue, ABIRS, explained that the alleged failure of Globacom Limited to comply with tax remittance obligations as ordered by the High Court of Abia State led to the sealing of the company’s offices in Umuahia and Aba.
The action was disclosed in a press release signed by the Deputy Director of Information, Abia State Board of Internal Revenue, Emelle Akunna Loveth.
She stated that the enforcement followed a valid court order issued in Suit No. HU/225M/2025 between the Abia State Internal Revenue Service and Globacom Limited.
According to the statement, the High Court of Abia State, Umuahia Judicial Division, in its judgment delivered on January 14, 2026, directed Globacom Limited to remit the sum of N4,048,748,880.00, representing unremitted Right of Way Withholding Taxes and other tax liabilities covering the period between 2010 and 2022.
The court further ordered the telecommunications firm to pay an additional ten percent annual interest on the outstanding tax liabilities from the date the taxes became due until full payment is made.
The court also granted an order of distraint against Globacom’s goods, chattels, and premises within Abia State, empowering the revenue board and its agents to enforce recovery in line with the provisions of the Abia State Tax (Codification and Consolidation) Law, 2020.
ABIRS explained that the sealing of Globacom offices in Umuahia and Aba was a lawful enforcement action carried out in strict compliance with the subsisting court order.
Meanwhile, some customers of the telecommunications giant have called for an amicable resolution of the tax matter between the Abia State revenue agency and Globacom.

The latest GDP figures show the services sector remained the strongest driver of economic activity in the first quarter of 2026.
The post Nigeria’s GDP grows by 3.89% in Q1 2026 — NBS appeared first on Premium Times Nigeria.

Mr Fintiri recently defected to the APC from the opposition Peoples Democratic Party (PDP).
The post Adamawa gov visits APC national secretariat, praises Tinubu’s economic reforms appeared first on Premium Times Nigeria.
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