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Oyo State Government Targets Hospitality Tax Compliance

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Oyo State Government Targets Hospitality Tax Compliance

The Oyo State Government announced plans to integrate all hospitality businesses into the tax system to improve data collection, revenue generation, and security coordination. This initiative was revealed by the state Commissioner for Culture and Tourism Development, Wasiu Olatubosun, during the Tourism and Hospitality Conference at the Local Government Staff Training Hall in Agodi, Ibadan.

Olatubosun highlighted that many hospitality operators are not registered, and those that are often fail to remit dues, impacting state revenue. The initiative will unfold in three phases: identification, cooperation, and enforcement, with enforcement starting in October 2026.

Olorunpoto Rahman, the lawmaker for Oyo East/Oyo West, reiterated the commitment of the state House of Assembly to support the tourism sector. Olabode Ajetunmobi from ITC Advisory Services discussed proposed digital initiatives, including the Oyo Guest Identity Verification System and Oyo Booking Platform, aimed at enhancing the hospitality sector's organization and competitiveness.

Plus234Feed summary based on reporting from Punch Newspapers. Read the original report below.

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