Tax Defaulting:  Oyo Internal Revenue Seals Bank, Hotels, 13 Other Firms

GovernorAbiola Ajimobi of Oyo State

By; BAYO AKAMO, Ibadan

Oyo State Board of Internal Revenue on Wednesday sealed off 15 companies as it kicked off its week-long compliance and enforcement drive.

Speaking with newsmen at the end of the first day of a week-long exercise, the Board Chairman, Mr Bicci  Alli hinted  that  it was now time for the people of  Oyo State to develop the culture of compliance of paying taxes, both to the state and federal authorities.

Mr Alli stressed that the corporate entities affected by the inter-ministerial emergency exercise have been duly informed before the exercise was carried on Wednesday morning, saying, “basically, what we are doing is not different from what we are supposed to do. That is, just that we make sure we are ensuring that people do what they are supposed to do and that what is due to Oyo state is accrue to it.”

Emphasizing that the Oyo state Board of Internal Revenue will not act above the law, the Chairman said the agency had sensitised the affected entities a lot before the enforcement exercise which will be a continuous exercise

“We have done a lot in writing, sensitising them, talking to them and exchanged a lot of correspondences before today.
However, where they fail to do the right thing, we enforce. We are very serious about compliance. People should be ready to pay. It does not really matter how much they pay, not about the money but once they have the assessment. Our people should learn to do the right thing. They should develop the culture.” he said.

Mr Alli added, ” though we need to generate more revenue, it is not the amount per say but the culture of compliance that we want our people to cultivate”,

The Oyo state Board of Internal Revenue Chairman maintained that
the efforts of ” the board is to ensure that corporate organisations and business interest operating within the state comply strictly with the tax laws governing their operations.”

Some of the corporate firms sealed off include banks, a telecommunication outfit, hotels, events centres and some merchant outfits in Ibadan metropolis for failure to pay outstanding professional/business registration/renewal fees.

New Nigerian learnt that the enforcement efforts carried out by the board, is in pursuant to the provision of section 8(1-2) Oyo State Professional/Business Premises Law 1996 (as amended) for varying years being owed.


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