Oyo govt. shuts Obasanjo Farms, 12 others over levy default

The Oyo State Government on Tuesday shut down Obasanjo Farms and 12 others for defaulting in the payment of environmental levy.

The business premises were shut by a combined team coordinated by the Oyo State Board of Internal Revenue. Other companies shut were MRS Oil, Black Horse, Heinemann Educational Books, Lister Flour Mills, University Press Limited, Evans Brother and Brooking House.

the Chairman of Oyo State Board of Internal Revenue Bicci Alli, said the exercise was inevitable due to the failure of the affected firms to comply with the state’s tax laws after series of formal communication.

He stressed that the enforcement exercise would be continuous, warning all corporate organisations in the state to do the needful. Alli said that the affected companies were guilty of not paying environmental development levy to the state, adding that some of them had defaulted for two years.

recall that the team had on Monday shut 13 banks in the state for the same offence.

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