The Oyo State Signage and Advertisement Agency, today, initiated a two-day enforcement drive in Ibadan, the state capital, to tackle the issue of unpaid debts from First-Party Clients.
The Director-General of OYSAA, Oludolapo Eso-Ajanaku, made this known while leading an enforcement team within the Ibadan metropolis.
Eso-Ajanaku explained that unpaid debts had negatively affected the agency’s operations and the Internally Generated Revenue of the state.
He said, “The enforcement drive aims at collecting outstanding payments, reinforcing financial responsibilities, and raising awareness among business owners about the importance of timely payment of dues for signages within the boundaries of the state.
“Despite prior leniency and constant encouragement offered by OYSAA, the continued lack of compliance has forced the agency to adopt a more rigorous enforcement policy. It is crucial to address financial non-compliance.
“The present administration in the state led by Governor Seyi Makinde has fostered a conducive business environment for business owners to operate and to improve economic stabilities in the state.”
He, however, applauded the businesses that have complied with their financial obligations, urging other clients to do the same to avoid disruptions to their business operations.
“The agency would no longer tolerate non-compliance, as it would continue to conduct similar enforcement drives periodically and encourage businesses to proactively engage with the agency to settle their debts to contribute to the economic well-being of the state”, he added
Punch/Oluwabusayo Oyinloye
