The Obafemi Awolowo University (OAU) Ile-Ife, has been shut down over an alleged non-payment of tax to the tune of N1.8bn.
The institution was shut down by the Osun State Internal Revenue Service.
Mr Oladipo Babatunde, who led a team of IRS officials, arrived the campus at exactly 7:00am, and locked the main gate to the campus and other offices.
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The Public Relations Officer (PRO) of the school, Mr Abiodun Olanrewaju, confirmed the development, saying the University was already discussing with the State Government on how the issue could be resolved.
“We just discovered that tax officials have locked our main entrance gate and the administrative block.
“We are already speaking with Osun State government, and hope to resolve it soonest,” Olanrewaju said.