Home BUSINESS Osun government seals OAU’s Adm. Block over N1.8bn tax debt

Osun government seals OAU’s Adm. Block over N1.8bn tax debt

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The Osun State Internal Revenue Service  on Wednesday  sealed the Administrative Bock of  Obafemi Awolowo University (OAU), Ile-Ife,  over a N1.8 billion  tax debt.

The News Agency of Nigeria (NAN) reports that the officials of the service, who came with policemen and NSCDC personnel, put the gates of the block under  lock and key  after obtaining a court order.

The Public Relations Officer of the university, Mr Abiodun Olarewaju, told newsmen  that the state government  and the university had an agreement which the institution was complying with.

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Olarewaju said that the university, being a  federal institution, was committed to paying up the tax debt owed  the state.

The spokesman, who  appealed to the state government to give the university a respite, however, said  fresh students  just beginning their week of orientation were not affected as only the Administrative Block was sealed and not their departments.

According to Olarewaju,  the management of  OAU  is  law abiding  and will   ensure prompt payment of its tax  debt.

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