Court Orders UNILORIN to pay N900M Tax Arrears to KWIRS

An Ilorin High Court has ordered the
University of Ilorin to settle its outstanding
tax liability of N970m to the Kwara State
Internal Revenue Service (KWIIRS).
The presiding Judge, Hon. Justice Bayo
Yusuf, gave this ruling on Friday 13 May
2016 at the Kwara State High Court.
According to him, the application for stay of
execution by the Applicant (University of
Ilorin) on the judgment earlier given in
favor of Claimant (KWIRS) is not valid
and is now subsequently dismissed by the
Court.
Reading his ruling, Hon Justice Yusuf
ordered that University of Ilorin being the
Judgment debtor, pay N100m on or 31
May and N50m monthly until the N970m is
liquidated accordingly. He added that
interest accrued on the liabilities should be
paid as well.
This Judgment is seen as a major victory for
the Kwara State Internal Revenue Service
and the beginning of recovery of all
outstanding liabilities owed the Kwara State
Government.
Reacting to the judgement in a statement,
the Executive Chairman of KWIRS, Dr.
Muritala Awodun, expressed delight at the
judgement and stated that the Service,
through the Legal and Enforcement
department, and in collaboration with
the Judiciary and Law Enforcement
Agencies will ensure that all revenues due
to the state is recovered and paid into
government coffers.
He advised corporate bodies and individuals
with outstanding liabilities to comply
immediately to save them from
embarrassment.
It will be recalled that the Kwara State
Government recently reformed the state
system and tasked the new agency, KWIRS,
with a monthly target of N5b.