Gbenro Adesina
The Oyo State Bureau of Internal Revenue on Wednesday sealed off offices of the Ibadan Electricity Distribution Company over (IBEDC) non-payment of accumulated tax of over Five Million Naira (N5,000,000.000).
This came after the IBEDC disconnected electricity supply to the Oyo State Secretariat saying the State Government is owing the company a sum of N450m over a period of three years.
According to the Chief Operating Officer, Engr. John Ayodele, as part of efforts to get the outstanding paid the company initiated several engagements through correspondences and physical meetings, but all these efforts yielded no result.
“No business in this country can run successfully with such a huge outstanding, the power we distribute to customers must be accounted for and paid for, we have no choice but to disconnect the Oyo State Secretariat, so it is worrisome to see that the government has sealed off our offices with this underhand and arm twisting tactics , instead of paying the debt owed. This was not done in good faith and it would have damaging effect on the business and service delivery to our customers”, he stated.
He appealed to the State Governor, Engr. Seyi Makinde to look into the matter in the interest of all concerned as this would further exacerbate the power challenges and pressure on residents and commercial activities within the state.
A press release from the company dated February 9, 2022 read:
