Shoprite and these other companies were closed in Ibadan over tax evasion
I’m sure you might have heard about the decision of the Oyo state government to seal some companies in Ibadan over non-payment of taxes. While you might be aware of the inclusion of Shoprite on the list, what you may be unaware of is the fact that several other big names are on the list and here are some that I’ve been able to gather.
- Shoprite Ring Road and Dugbe
- Bubble Plus Recreation Centre, Ring Road
- Unity Hospital Orogun
- Ojulowo Eye Clinic
- Victory Medical Centre
- Grath Nigeria limited, Jericho Idi-Ishin, Ibadan
- Dabil Global Ventures, Apata, Ibadan
- Funbel Diagnostic Centre, Challenge
- Eco Groove, Challenge
- Regional headquarters of First City Monument Bank (FCMB) and Zenith Bank
While many people may argue that the government’s action was harsh, it wasn’t! It even has legal backing.
Special Adviser to the Governor Board of Internal Revenue, Mr. Biyi Oloko, the move became necessary because many of the companies failed to pay government’s rates, taxes, development levy and renewal of business premises registration fees despite all the notices served on them, noting that, this contravenes the provision of Section 8 of the State business/professional premises law of 1996.
“This enforcement exercise has become imperative because the economy of the state needs a turnaround through internally generated revenue, private sector led investment and partnerships. The government is operating within the ambits of the law; both individual and corporate citizens must inculcate the culture of responsible citizenship by performing their statutory duties.
“Some firms as well as individuals were expecting us and they paid immediately we got there. Some organizations rushed to make their payment and we have reopened their firms/offices. Our action is backed by the law and we have to ensure that we do not err on the part of it,” he explained.