The Oyo State Board of Internal Revenue has explained that it sealed offices of the Ibadan Electricity Distribution Company over a tax default in excess of N400m.
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In a statement by the revenue board on Wednesday, its Chairman, Femi Awakan, said that the state government duly obtained a distraining order of the Oyo State High Court before sealing some of the offices of the distribution company.
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Some of the offices affected by Wednesday’s action include the company’s headquarters in Ring Road, Ibadan and its offices at Mobil, off Ring Road, Dugbe, Ojoo/Iwo Road office as well as Monatan, all in Ibadan.
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