University Of Agriculture Makurdi Sealed Over N2.3B Debt

University Of Agriculture Makurdi Sealed Over N2.3B Debt

The University Of Agriculture Makurdi has been sealed by the Benue State Internal State Revenue over unremitted Pay As You Earn (PAYE) to the tune of N2.3 billion.

BIRS Execitive Chairman, Mrs. Mimi Adzape-Orubibi who led an enforcement team to the University early hours of the day, sealed off the Vice Chancellor's office, the office of the Registrar as well as that of the Bursar.

Speaking with newsmen shortly after the exercise, Mrs. Adzape-Orubibi said BIRS had to take that step after the institution failed to honour several letters written to it to pay up the outstanding Personal Income Tax from 2007 to 2011.

She explained that the BIRS got a court order to distrain FUAM because it deducted but failed to remit PAYE tax in some cases and under deducted in other cases; adding that the institution would now have to pay about N3 billion inclusive of penalties and interest.

She added that the premises will remain sealed until the bill is settled.


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