The United Nigerian Textiles Limited, UNTL has owed Kaduna State Government substantial revenue totaling N1.2 billion.
Following the failure of the company to offset the liabilities, the Kaduna State government has sealed the company.
Aisha Ahmed, the Executive Board Secretary of Kaduna State Internal Revenue Service, KADIRS stated this in Kaduna during an enforcement operation, said intelligence information revealed that the company planned to relocate from Kaduna, adding that the company must pay what it owes to the state before relocating.
Recall that United Nigerian Textiles Company, along with its subsidiaries Unitex Ltd and Supertex Ltd, was closed down indefinitely between 2003 and 2006 due to a scarcity of raw materials and the inability to continue production.
The closure of the companies led to the layoff of more than 80,000 workers, while hundreds of contractors and roadside petty traders within the company premises were also affected.
- Gov Fintiri Re-echoed Ban On Illegal Mining, Cutting Of Trees For Charcoal - February 8, 2025
- MDCAN Hails FG For Review of Retirement Age Of Doctor, Others - February 7, 2025
- Nigeria, US Partner To Safeguard Nok Artifacts With $90,000 - February 7, 2025