Oyo Govt seals NIHORT, 10 other firms over tax default

Thursday, October 4, 2018 6:45 pm

Gov. Abiola Ajimobi of Oyo State

Gbenro Adesina/Ibadan

Oyo state government on Thursday sealed up the National Horticultural Research Institute, NIHORT, situated at Idi-Ishin Area of Ibadan for failing to remit the workers Pay As You Earn, PAYE, tax to the coffers of the state government.

Other establishments the exercise also affected are: Agril Nigeria Limited, Bevpak, Fleet, Heineman Edu Books, Mansard Insurance, Merck Pharmaceuticals, Pixels Digital System. Vintage Rock Nigeria Nigeria Limited, Virgo Services Nigeria Limited and Wakanow.com limited.

Chairman, Oyo State Board of Internal Revenue, OYBIR, Mr. Bicci Alli stated that the seal-off has become necessary because the affected organisations defaulted in the remittances of necessary tax to the state government since as early as 2003.

Pointing out that the concern of the government is to ensure that all taxes, dues and revenues acrruable to the coffers of the state government are duly paid, he said that the debt profiles of the affected companies to the state is to the tune of about N150 million.

The enforcement team is also on its way to seal of some other companies for defaulting in the payment of the land use charges.