Oyo Govt Moves Against Defaulters Of Land Use Charges, Shuts 4 Banks, 6 Hotels, 7 Companies, 3 Filling Stations

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Gov Makinde of Oyo State


By; BAYO AKAMO, Ibadan

Oyo State Government’ on Thursday sealed off six hotels, four commercial banks, three filling stations and seven companies in the state  for defaulting from paying its land use charges.


This was made known in Ibadan  by Chairman of the state Board of Internal Revenue, Aremo John Adeleke during a chat with newsmen after the exercise.

Aremo Adeleke maintained that the sealing of the affected business premises was in line with the Oyo State Government”s Land Use Charge Revenue Demand Bill and that the State Enforcement Team swung into action after the ” hospitality and financial institutions failed  to pay the required tax, even after several reminder and discount offered by the Oyo State Government.


Specifically, Aremo Adeleke emphasized that all the sealed business premises were served bill for over 90 days and were expected to comply with the Land Use Charge obligation.
“Most of these businesses owed the State Government tons of millions, and the first phase of the exercise to seal was carried out across all local governments within the Ibadan metropolis and that the exercise was targeted at urging the State businesses to be alive to their responsibilities to enable government provide security, infrastructure and other essentials necessary to make businesses thrive”, he said. 
Aremo Adeleke added, “the focus of the drive is not to close down or ground any business but to give a push to businesses to assist government in creating a better business premise for them to thrive.”

Speaking further, he said Oyo state government has given, as palliative, an additional 10% discount to complement the initial 25% discount on all taxes to ensure that the businesses stay afloat in the face of economic realities posed by the COVID 19 scourge, the Chairman Oyo state Board of Internal Revenue stated  that the government was poised to generate all taxes from business owners without any inimical effect on their ventures to sustain economic growth in the State, adding that the enforcement would continue till the end of the year.
Tasking business owners in Oyo state to pay all taxes, levies and bills to government because there would not be economic growth when all tax payers are not thriving in their businesses, he stated that the state government has increased its internal revenue by over 26% and that the State was on a growth trajectory, which makes it easy for the Government to give business palliative of 35% discount on taxes to increase the capacity of businesses to pay.

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