The Osun State Internal Revenue Service has shut down the Obafemi Awolowo University (OAU), Ile-Ife, over an alleged non-payment of tax to the tune of N1.8bn.
The team, led by one Mr Oladipo Babatunde, sealed the Senate Chamber and the administrative building before proceeding to seal the main gate, leaving the pedestrian gate unlocked.
The Public Relations Officer of the University, Mr Abiodun Olanrewaju, told Channels Television that the debt was inherited from the past administration of the institution.
“I must add this that the present university administration since 2017 has been paying consistently but the backlog of debt inherited from the past administration is what is causing this little problem.
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“everything will be resolved by the grace of God. The school management is assuring the public that it will soon be resolved,” Olanrewaju said.
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