As early as 9am, no fewer than 20 different branches of the various banks had been shut with sealed notices placed at the property.

Some of the areas the enforcement team carried out their activities include, Dugbe, Mokola, Idi-Ape, Agodi Gate, Secretariat Road, Challenge, Jericho, Bodija, UI among others.

Some of the affected banks also include, Diamond, Stanbic IBTC, Skye, FCMB, Heritage.

Immediately the officials of the affected banks were seen running around to tidy up their papers to save losing the whole days business.

While some succeeded in making the necessary payment as fast as they could to resume operations, some others were seen still trying to reach out to superior authority for further directive.

A source within the government enforcement team said the affected banks defaulted in the payment of the annual environmental development levy.

The tax, which is paid to the coffers of the state government is said to be payment for the impact of the various business and corporate entities on the environment across the state.

The affected banks were also said to have been found guilty for various duration ranging from 2015 to 2018, despite series of official communications and reminders to the management at different times.

It would be recalled that the Oyo State Board of Internal Revenue (OYBIR), the coordinating agency for collecting all government revenues had last month issued a 14 day ultimate to all tax payers in the state to pay up all outstanding dues and levies to the coffers of government.

The Chairman of the Board, Mr Bicci Alli had warned in the paid advertorial that the agency would embark on massive enforcement to seal up all erring corporate organisations on the expiration of the ultimatum.

But a source hinted that about two weeks after the expiration of the 14 days, the OYBIR had also written series of reminder letters to the affected banks, to which no response was gotten until the enforcement.

Many people who were within the affected bank premises when the enforcement team sealed up were seen with shock on the faces and expressing disappointment that cooperate organizations like banks could default in tax payment.

Alli said, the enforcement team decided to focus on banks to serve as deterrent to other defaulting corporate organisations, adding that the exercise is continuous.

The post Tax default: Oyo govt seals banks in Ibadan first appeared on MegaIcon Magazine.

The post Tax default: Oyo govt seals banks in Ibadan appeared first on MegaIcon Magazine.

The highly successful Quick Service Restaurant, United African Company (UAC) brand, Mr Bigg’s on Thursday expanded its services to Challenge axis with a more promising experience for it’s highly loyal customers.

Owned by renowned astute businessman, Mr Femi Babalola, Mr Biggs restaurant, is simply exquisite with a state of the art finishing. The ambience speaks of quality and seemingly difficult to believe this is located on admiralty Challenge road, Ibadan. It’s set to be so affordable with a jaw dropping menu and excellent customer service that is of global standard.

The Managing Executive of UAC restaurants, Mrs Joan Ihekwaba noted at the opening that the outlet was to meet the food needs of the teeming population of the people of Challenge with its array of great meal offering ranging from local delicacies like Amala, Gbegiri and Ewedu that appeals to the indigenes of the town and a popular local dish to continental meals like rice meals of fried, Jollof, Chinese and coconut variants that appeals to the general consumer profile of the brand.

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Mrs Ihekwaba, also added that as a leader in innovation, Mr Bigg’s has set the pace again in responding to consumers need for a modern day restaurant that accommodates consumers’ needs in whatever sphere of life and the Challenge is in the middle of birthing of this new concept

According to her, “the birth of this iconic brand has opened up new possibilities for the teeming populations of Challenge and beyond to enjoy the vast array of meals rooted in the rich heritage of the Mr Bigg’s brand. Mr Bigg’s in challenge is built with the latest brand -build design, contemporary in all ramifications and adorned to suit the lifestyle and taste of the Mr Bigg’s consumer target – Youths and Young adults.

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” It is worthy to note that the new design is the new direction for Mr Bigg’s. This means that going forward, the market will be experiencing same look and feel as this across the various touch points where Mr Bigg’s will be built. The aesthetic of the furniture’s, and ambience setting from its drop-lights, shades of light, customer friendly signs, counter topography and meal arrangement all gives credence to the all – new and contemporary look of the restaurant vis- a- vis what is obtainable outside the country. Its a best in class restaurant look and feel”, she maintained.

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Remarking, the owner of the Mr. Bigg’s franchise in Challenge, Mr Femi Babalola averred that the strategic location of the outlet, corporate governance and the quality service to be offered by the outlet will set it apart from its major competitors. Babalola stressed that the experience he has acquired over the years, commitment and the level of investment in the restaurants will motivate him to ensure that quality service is sustained in the outlet.

Mr Femi Babalola, owner of Mr. Bigg’s franchise in Challenge, Ibadan

He, however maintained that the convenience of the outlet will continue to give Mr. Bigg’s Challenge an edge over its competitors in the area.

The event, had in attendance, Oyo state Commissioner for Information, Culture and Tourism, Mr Toye Arulogun, Prof. Kabiru Adeyemo, Vice Chancellor, Lead City University, Corporate Affairs Manager, Oodu Group of Company, Mr Victor Ayetoro and executives of UAC resturants amongst others

The post Mr. Bigg’s restaurant berths in Ibadan first appeared on MegaIcon Magazine.

The post Mr. Bigg’s restaurant berths in Ibadan appeared first on MegaIcon Magazine.