OAU reportedly sealed over N1.8bn debt

Osun tax agency seals OAU over N1.8bn debt

The main gate and also the administrative block of Obafemi Awolowo University are reportedly sealed by officers of the Osun State internal revenue Service over unpaid N1.8 billion debt.

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The Punch reports that the gate was sealed on Wed, May 2.

it absolutely was reported that the tax officers were accompanied by armed security men. an official from the university confirmed that the gate was sealed. He said: “Officials of the Osun State revenue agency sealed our main gate and the secretariat and also the other places this morning. They came together with armed policemen and civil defence operatives. “They closed the main gate and a few members of staff, commercial bus drivers and business operators, especially food vendors and others became agitated and this led to a heavy crisis. The gate was eventually opened but other places remained closed.” Prof. Eyitope Ogunbodede who is that the vice-chancellor of the institution confirmed the closure of the gate but claimed the university has not defaulted since 2017. He said: , “It is true they sealed the place. the reality is that there was a backlog of 2015 and 2016 and we have agreed to be paying N5m monthly. we paid N500m and agreed to be paying N5 m monthly. “But from Jan 2017, we have been paying our normal paye deductions every month which is thirty something million, we have been paying. So, we are reaching to negotiate with them again on that.

“The backlog was caused by under-deduction of paye. we have not reneged on any of our obligations since 2017. i’m assured that this issue will be resolved. The Governing Council of the university met with Governor Rauf Aregbesola in march on the same issue and he understood the reason and our pledge to pay it monthly.” meanwhile, the investigative panel got wind of by the Obafemi Awolowo University, Ile-Ife, to probe the alleged scandal involving The investigatory panel got wind of by the Obafemi Awolowo University, Ile-Ife, to probe the alleged scandal involving Monica Osagie and professor Richard Akindele, on Tuesday, April 24, prevented the victim from using any delegacy. one of the members denied entry to the venue was a representative of the National Human Rights Commission (NHRC). whereas the venue for the sitting was still kept secret, the panel insisted that Osagie’s lawyers wouldn’t be allowed entry, the Punch reports.