The Federal Inland Revenue Service (FIRS) on Wednesday, closed down NICON Luxury Hotel owned by of billionaire business man Jimoh Ibrahim over failure to remit unpaid taxes. Jimoh Ibrahim is the chairman and chief executive officer ofGlobal Fleet Group, a diversified conglomerate based in Nigeria, with business interests and subsidiaries in neighboring West African countries.Those also affected are;


* Globacom Limited, in Lagos for failure to remit N24.3billion in Value Added Tax (VAT)
* Erin Petroleum Nigeria Limited, formerly known as Camac Petroleum Limited, for failure to remit N107.3 million and $10.6 million respectively.

The closure of the companies followed their refusal to abide by a six-week notice given to them by the FIRS.