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Tax default: Oyo govt seals up NIHORT, 10 other firms in Ibadan

Oyo state government on Thursday sealed up the National Horticultural Research Institute, (NIHORT), located in Idi-Ishin area of the state over failure to make some tax remittances

No fewer than 10 other firms were also sealed up for failing to remit the workers Pay As You Earn (PAYE) tax to the coffers of the state government.

Some of the other affected companies include, Agril Nigeria Limited, Bevpak, Fleet, Heineman Edu Books, Mansard Insurance, Merck Pharmaceuticals and Pixels Digital System.

Others are, Vintage Rock Nigeria Nigeria Limited, Virgo Services Nigeria Limited, Wakanow.com limited among others.

Chairman, Oyo State Board of Internal Revenue, (OYBIR), Mr. Bicci Alli whose office is coordinating the effort explained that the organisations defaulted in the remittances from as early as 2003.

He said governments concern is to ensure that all taxes, dues and revenues acrruable to the coffers of the state government are duly paid.

Reports say the affected companies owe the state government up to N150 million.

Some other companies were also sealed for defaulting in the payment of the land use charges.

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