Tax Remittance: MTN owes Nigeria, has payment plan with FIRS, says FG
The federal government says telecommunications giant, MTN, has a payment plan with the Federal Inland Revenue Service (FIRS) to pay the tax remittance of two billion dollars.
Zainab Ahmed, Minister of Finance, Budget and National Planning stated this during a visit of the Commandant of the National Institute for Security Studies (NISS), Ayodele Adeleke, on Friday in Abuja.
“MTN is owing the government, but there has been a payment plan undertaken with the Federal Inland Revenue Service (FIRS) they are following.
“They are in Nigeria and have investments all over the country and are following through with the payment commitment made with the FIRS,” Ms Ahmed said.
The Attorney-General of the Federation and the Minister of Justice, Abubakar Malami, on January 8, 2020, withdrew a two-billion-dollar tax demand against the telecoms company, after two years of allegation from the office of the Accountant General of the Federation (AGF) that the telecom company owed taxes from 2007 to 2017.
Evidence, however, showed that MTN had consistently paid its taxes to the Nigerian government. The company also announced it responded to the federal government’s call for public-private partnerships as part of its tax remittance in August.
The partnership included the rehabilitation of critical road infrastructure in Nigeria which involves the reconstruction of the Enugu-Onitsha Expressway.
More from Peoples Gazette
States
Zoo very important in Yobe: Conservationist
Mr Babagana said a zoo was important for wildlife conservation and aesthetic value for people to appreciate nature.
States
How repentant bandits helped secure release of kidnapped college students: Matawalle
The 18 students and staff of College of Agricultural and Animal Sciences, Bakura, abducted by bandits on August 16 were released on Friday.
States
Insecurity: Zamfara governor announces drastic measures to block bandits’ supply
Zamfara governor announced shutdown of weekly markets, ban of sale of petrol in jerry cans and unchecked movement of food and firewood across the state.
States
Three killed, many injured in fresh attacks on Southern Kaduna communities: Official
Governor Nasir El-Rufai has sent his condolence to families of the dead while wishing the injured quick recovery, Commissioner Samuel Aruwan said.
States
FG’s N5,000 cash transfer to help poor graduates out of poverty: Ogun Govt
The federal government began disbursement of N5,000 to poor and vulnerable people in Ogun on Friday under its Conditional Cash Transfer programme.
