The Federal Inland Revenue Service, FIRS, has unsealed the corporate head office of HFP Engineering Nigeria Limited in Lagos following a resolution of the tax-related issues that led to the sealing of the office on Wednesday, June 29.

The Lagos-based company released a statement saying that both organisations had a “fruitful meeting” in which all the issues were extensively deliberated upon and an amicable resolution reached, resulting in the immediate unsealing of the company premises and resumption of business activities.

The management of the company also restated its commitment to being a responsible corporate citizen and expressed its gratitude to all those who expressed concern during its unfortunate closure.

It would be recalled that tax authorities had on Wednesday shut the operational headquarters of HFP Engineering located in Victoria Garden City, VGC, Lagos, over unsettled tax liabilities of N536m.

The FIRS enforcement unit, led by Anita Erinne, also sealed Meditarian Nigeria Limited at 243, Kofo Abayomi Street, Victoria Island, which has a tax debt of over N4bn from 2008 to 2013.

Other companies affected by the tax enforcement exercise include Sirius Energy Resources, which allegedly owes N11m in taxes and Global Fleet, another tax defaulting company allegedly owned by Jimoh Ibrahim and operating from the premises of NICON Hotel in the VGC.

The hotel was however not sealed after Ibrahim explained that Global Fleet was currently being managed by the Asset Management Corporation of Nigeria.