Connect with us

News

Oyo State Government and IBEDC Lock Horns Over Unpaid Debt

IBEDC

The Oyo state government has sealed off offices of the Ibadan Electricity Distribution Company after the IBEDC disconnected the state secretariat power supply for unpaid bills.

The IBEDC has condemned the government’s action describing it as an unfair show of power and arm-twisting tactics instead of paying the outstanding bill totaling $450 million owed to the disco.

On the contrary, the Oyo State government has said in a statement that its action to seal off some of the IBEDC offices was not a form of retaliation but was due to the IBEDC’s refusal to pay tax revenue to the tune of $400 million owed to the state over the past two years.

The Chief Operating Officer of the IBEDC, John Ayodele said that the company had made several failed attempts to get the government to settle its debt which is spread across a period of three years. In his statement addressing the situation, Ayodele said;

“The management of Ibadan Electricity Distribution Company (IBEDC) hereby informs its esteemed customers of the retaliatory and illegal action of Oyo State Government over the issue of its huge indebtedness.

“This issue of revenue bills and personal income arising now is quite suspicious. Oyo State Government is owing IBEDC a whopping consumption outstanding of N450 million for over a period of three years.”

“No business in this country can run successfully with such a huge outstanding. The power we distribute to customers must be accounted for and paid for. We have no choice but to disconnect the Oyo State secretariat. So, it is worrisome to see that the government has sealed off our offices with this underhand and arm-twisting tactics instead of paying the debt owed.”

“This was not done in good faith and it would have a damaging effect on the business and service delivery to our customers.”

Oyo State Responds To The IBEDC’s Claim

The Oyo state government issued a response to the IBEDC’s claims through a statement signed by the Commissioner for Information, Culture, and Tourism, Dr. Wasiu Olatubosun.

Without admitting whether or not the state was indeed owing a debt to the IBEDC, the Commissioner said that a high court order was obtained to seal IBEDC’s offices due to its refusal to pay bills issued by the board of internal revenue services.

“It is important for everyone to remember that it is the duty of all, individuals and businesses, to pay taxes and levies,”  Olatubosum said. “Without these payments, the government cannot provide basic necessities and perform necessary functions. Therefore, IBEDC like any other business interest, should do the needful and meet its revenue obligations. This is the stand of the government and we seek the understanding of the people not to be misled by those who trade in falsehood.”

Read Also: ABSU Bans Students From Driving Personal Cars To Campus

The state IRS Chairman, Mr. Femi Awakan in another statement said that the state had applied for the warrant in order to enforce payment of its tax. “It is to be noted that the IBEDC has a statutory obligation to deduct and remit revenue bills to the government of Oyo State through the Board of Internal Revenue,” Awakan said.

“It is also to be noted that the distribution company failed to remit personal income tax of its employees within the period under review and that the Board of Internal Revenue several times served requisite demand notices calling attention to the company’s tax liabilities/obligations.”

The management of the IBEDC has called on the governor, Seyi Makinde to step into the situation in order to ease power challenges already being faced by residents and businesses across the state.

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Celebs

Ayra Starr’s Much Anticipated Album To Drop in 2026

Ayra Starr has sparked a whirlwind of anticipation across the global music landscape. Following her meteoric rise, the Mavin Records superstar and Roc Nation signee has stirred excitement among fans by hinting at her forthcoming project.

Featured in Spotify’s “Our Frequency” zine issue 033, the ‘Celestial Being’ shared insights into her personal and professional aspirations, including a tease that her next album could land in 2026. This disclosure emerged within Spotify’s platform dedicated to celebrating Black artists and their creative narratives, with the recent edition spotlighting Starr’s journey of growth and artistic evolution.

Spotify’s “Our Frequency” initiative offers artists a space to reveal intimate details about their lives and craft. In the Spotify feature, Ayra Starr reflected on her formative years and how diverse environments shaped her distinctive sound and personality.

The 23-year-old drew interesting parallels between cultures, noting that, “Growing up in Benin and Nigeria, it was two different vibes.” She likened the energy of Nigeria’s commercial hub to a global city: “Lagos is almost like New York.”

In stark contrast, the 2026 Grammy nominee described her experience in the Benin Republic: “Benin Republic has more like a beach vibe. Everywhere is, like, calm. Everybody is quiet, so I can’t put it into, like, a few words. It’s made me who I am.”

It was within this context of personal evolution that Ayra Starr dropped the major album news, offering insight into her 2026 goals: “In 2026, I’m looking forward to learning how to cook more known Nigerian food, and my album, Amen.”

This deliberate pacing suggests a strategic shift towards quality control following her management deal with Roc Nation in July 2025, which handles her global brand strategy and touring

Continue Reading

News

Atiku urges the Senate to amend electoral act to prevent 2027 election rigging

Atiku

Former Vice President Atiku Abubakar has called on the Nigerian Senate to urgently review and amend the Electoral Act 2022, warning that loopholes in the law contributed to alleged irregularities during the 2023 general elections.

In a statement posted on his Facebook page on Thursday, Atiku highlighted that the existing legal framework made it “nearly impossible for petitioners to advance their cases in the courts,” creating conditions that allowed for what he described as “brazen rigging” in 2023.

He stressed that correcting these flaws is essential to safeguard the credibility of the 2027 elections, urging lawmakers to ensure that any amendments are passed in time to govern future polls.

“At a time when the mistakes of the 2023 elections are still fresh, the legal instrument for the conduct of the 2027 and subsequent elections must be reviewed,” Atiku said.

He expressed concern that the Senate appears determined to delay or frustrate the passage of the amendments, citing a recent report by the Foundation for Investigative Journalism (FIJ) as an indictment of legislative inaction.

“The credibility of the 2027 general elections hinges on the urgency with which the Senate treats this crucial bill,” Atiku warned. “It is imperative that the Senate finalises the amendments and ensures the updated law governs the conduct of the 2027 elections. Anything short of this is a deliberate attempt to rig the election long before the ballots are cast.”

Below, the statement is reproduced in full:

“A major setback to the 2023 elections is the loopholes in the Electoral Act 2022 that paved the way for the brazen rigging of that election, and the near-impossibility of petitioners to advance their cases in the courts.

“It is imperative that if the mistakes of the 2023 election are to be corrected, the legal instrument for the conduct of the 2027 and subsequent elections needs to be reviewed.

But as things stand, it has become obvious that the Senate is determined to frustrate the passage of amendments to the 2022 Electoral Act.

“The recent report by FIJ serves as both an indictment of the Senate and a timely call for legislative responsibility.

“The credibility of the 2027 general elections hinges on the urgency with which the Senate treats this crucial bill.

“It is, therefore, imperative that the Senate finalises the amendments and ensures the updated law governs the conduct of the 2027 elections.

“Anything short of this is a deliberate attempt to rig the election long before the ballots are cast.

Continue Reading

News

CAF Vows To Take ‘stern action’ after chaotic AFCON final scenes

African football’s governing body CAF, said Monday “appropriate action” would be taken against “those found guilty” after chaotic scenes marred the final of the Africa Cup of Nations. CAF did not attribute blame to either Senegal or Morocco. On Sunday’s final, most of the Senegalese players walked off in protest when referee Jean-Jacques Ndala awarded hosts Morocco a penalty deep into time added on of normal time, with the match tied at 0-0.

A group of their fans fought with Moroccan security personnel at the other end of the stadium in Rabat. Once the players returned to the pitch, Senegal’s keeper Edouard Mendy saved the spot kick, and Senegal went on to win 1-0 in extra time.

“The Confederation Africaine de Football (CAF) condemns the unacceptable behaviour from some players and officials during the CAF Africa Cup of Nations Morocco 2025 Final between Morocco and Senegal in Rabat last night,” read their statement.

“CAF strongly condemns any inappropriate behaviour which occurs during matches, especially those targeting the refereeing team or match organizers.

“CAF is reviewing all footage and will refer the matter to competent bodies for appropriate action to be taken against those found guilty.”

The Senegal players eventually returned after former Liverpool star Sadio Mane, one of the few of his team to remain on the pitch, remonstrated with them to do so.

Morocco’s Brahim Diaz, who had originally won the penalty, then sent his spot kick into the arms of Senegal goalkeeper Edouard Mendy.

Senegal went on to win the final with a brilliant goal from Pape Gueye in extra time.

Continue Reading

Trending