Governor Seyi Makinde of Oyo state on Friday vowed that his administration will recover every Kobo of the state’s money in the hands of contractors who failed to deliver on projects.

The governor gave the assurance during an inspection tour of the newly renovated Jericho Nursing Home, Jericho, Ibadan.

He said that he will never allow any fund belonging to Oyo State to be frittered away, adding that he will go after contractors who failed to deliver on assigned projects.

A statement by the Chief Press Secretary to the governor, Mr. Taiwo Adisa, quoted the governor as saying that his administration will ensure the people of the state get the desired value for their money.

Makinde stated that the previous contractor handling the project did not complete the work, a development, which, he said, was “unacceptable by this administration.”

He said: “Every kobo of Oyo State money that people have taken without delivering value to the people, they will give it back to us.”

The governor, however maintained that he is satisfied with the level of on-going renovation work at the hospital by the present administration.

“Well, for the ones that we did, yes I am satisfied. But the previous contractor, we can all see, did not finish the work. We went round to look at the transformer but it is not yet energised and it is just really unacceptable. People may think we are not going to go after them but I can give you the assurance that we will”, he added.

The governor explained that the purpose of the inspection was to examine the renovation work at the hospital and to see some of the challenges being faced by the staff of the hospital.

“Basically, I am here to see the renovation work that has gone on in here and also listen to them about the challenges they are having. As you probably must have known, health is one of the major pillars of this administration.

“So, we have to keep working to ensure that the health care in Oyo State is well delivered,” Makinde stated.

The post Makinde vows to recover Oyo’s money from contractors who failed to deliver first appeared on MegaIcon Magazine.

The post Makinde vows to recover Oyo’s money from contractors who failed to deliver appeared first on MegaIcon Magazine.

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.