Connect with us

News

Court Shuts Michael Okpara University Over Tax Default

Published

on

Michael Okpara University of Agriculture, Umudike in Abia, was on Tuesday sealed, following an order of an Umuahia High Court for the institution’s inability to remit tax deductions from members of staff of the university.

The order, which was signed by Justice Kelvin Wosu, was obtained by the state Board of Internal Revenue (BIR) over the non-remittance of N120,751,998 tax by the management of the institution.

News Agency of Nigeria (NAN) learnt that a court bailiff, accompanied by BIR officials and security operatives, sealed up the university gate in the early hours of the day.

The development disrupted academic activities in the institution as both students and workers could not gain access into the campus from the main gate.

The Public Relations Officer of the university, Mrs Adanma Odefa, confirmed the incident to NAN in a telephone interview.

Odefa, however, said that the university management met with the BIR officials and “they have sorted out the issue and the place has been unsealed.”

The court order read in part “that the university has been owing the BIR the sum of N120,751,998 which became due to the board and the institution has refused to remit within the time limited by the demand notice.”

In a related development, the court also sealed a popular event centre, called Wonder Land, located on the outskirts of Umuahia metropolis.

The facility, which is owned by Sen. Chris Adighije, was also sealed for alleged tax default to the tune of more than N7 million. (NAN)

GrassRoots.ng is on a critical mission; to objectively and honestly represent the voice of ‘grassrooters’ in International, Federal, State and Local Government fora; heralding the achievements of political and other leaders and investors alike, without discrimination. This daily, digital news publication platform serves as the leading source of up-to-date information on how people and events reflect on the global community. The pragmatic articles reflect on the life of the community people, covering news/current affairs, business, technology, culture and fashion, entertainment, sports, State, National and International issues that directly impact the locals.

Continue Reading

Trending