Kwara State University Vice Chancellor, Professor Mohamed Mustafa Akanbi SAN, tried to work with Kwara Internal Revenue Service (KWIRS).
The legal filed this request in his office on Tuesday, May 18, 2021, when he received the KWIRS management team led by its chairman, Ms. Shade Omoniyi.
In the foreword, Prof. Akanbi praised the visiting team for honoring KWASU with productive hospitality, especially at a time when management was developing strategies to reduce the financial burden on the institution.
He also stressed the importance of two collaborative public organizations in the development of Kwara State, highlighting areas of collaboration which include: sponsorship of professorial chairs, endowment funds, research grants and project funding.
VC also found that KWASU through its business school in Ilorin can train KWIRS employees to improve their operational skills.
Responding to this, the Chairman of KWIRS admitted that he was enthusiastic about infrastructure projects and institutional developments and emphasized that KWASU is unique in the field of modern architectural projects.
Ms. Omoniyi said the visit was an opportunity ” to extend a hand of fellowship to the university community.”
However, the President emphasized that KWIRS ‘mandate is to educate taxpayers about the benefits of paying taxes quickly, as well as to checkmate the issue of low remittance, underdeduction and over deduction of tax.
He announced that KWIRS is committed to ensuring that all revenue on the KWIRS payment platform is generated at KWASU.
Ms. Omoniyi urged VC to help reduce KWIRS revenue by integrating individuals and businesses living on campus into the KWIRS payment platform. He urged indigenous students to be empowered to provide tax relief certificates to their parents during registration to prevent tax evasion.
He promised that KWIRS would into the demands of the university.
In his closing remarks, Prof. Akanbin assured the President of KWIRS that under his leadership KWASU would comply with the agency’s tax policies and guidelines, and therefore asked the agency to treat KWASU with with clemency in its tax policies as the institution is not subvention aided.
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