Now Reading
OAU SEALED OVER TAX DEBT

OAU SEALED OVER TAX DEBT

OAU

Today, officials of the Osun State Internal Revenue Service stormed the prestigious  Obafemi Awolowo University, Ile-Ife and sealed the main gate and the administrative block over a tax debt of N1.8 billion.

Reports gathered shows that the officials of the revenue agency, together with heavily armed security operatives, stormed the university and sealed the institution after getting an order of the court to do so.

Meanwhile, the school management has reacted to the development, saying it would soon resolve the issue with the state government.

According to reports gathered from Channels Television “The Public Relations Officer of the University, Mr. Abiodun Olanrewaju, said that the debt was inherited from the past administration of the institution.

See Also

“I must add this that the present university administration since 2017 has been paying consistently but the backlog of debt inherited from the past administration is what is causing this little problem.

“everything will be resolved by the grace of God. The school management is assuring the public that it will soon be resolved,” Olanrewaju said.

© 2020 TW Magazine. All Rights Reserved.
Made By Acumen Digital