1: make sure you are databinding on first time pageload only i.e.
2: set the DataText and DataField value of your DDL
if(!Page.IsPostBack)
{
ddlRequisition.DataSource = requisitionType.GetRequisitionTypes();
ddlRequisition.DataTextField = "YourNameField";
ddlRequisition.DataValueField = "YourIDField";
ddlRequisition.DataBind();
}