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Wednesday, January 17, 2018

Hotels, Clubs Face Sanction In Ibadan Over Tax

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Issa war! Just like Lagos, the Oyo State Government says it will also sanction any player  in the hospitality industry which  defaults in the payment of  taxes and levies.


The State Commissioner for Information, Culture and Tourism, Mr Toye Arulogun, issued the warning today in Ibadan on the sidelines of  a  sensitisation visit to some  operators  in the hospitality industry.

Arulogun, who also announced 10 days ultimatum for them to pay their  dues, said only 30 percent of the players in the industry had complied.

“Today in Oyo State, many high-flying hotels, night-clubs as well as  event and recreation centres  have sprung up with a 103 percent increment in their growth rate.


“The growth experienced is a result of the enabling environment created by the state government.

“We are out to sensitise businesses in Oyo State about the need to be up to date in the payment of taxes and other levies,’’ he said.

Arulogun concluded that the growth recorded in the industry ought to manifest in the revenue generation of government as well.

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