Osun State government seals Segilola Resources premises over tax evasion and environmental degradation.

The Osun State Government in Nigeria has sealed the premises of Segilola Resources Operating Limited, a subsidiary of Thors Explorations Ltd, following a court order. The company is accused of tax evasion, failing to remit N3.2 billion ($7.2 million) in taxes since July 2022, and environmental degradation. The government claims the firm did not provide timely tax information and obstructed tax processes, prompting legal action.

6 months ago
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