Court Orders Unilorin To Pay N970m Tax To Kwara

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).
In a judgement delivered on Friday at the Kwara State High Court,

Justice Bayo Yusuf, ordered that University of Ilorin being the Judgment debtor pay N100m on or before May 31, 2016 and N50m monthly until the N970m is liquidated accordingly.
The court declared that the application for stay of execution by the Applicant (University of Ilorin) on the judgment earlier given in favour of Claimant (KWIRS) is not valid and was subsequently dismissed by the Court.
The court 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.