MTN Protests Kogi State Shutdown of its Facilities

Must Read

List of Guaranty Trust Bank Sort Codes & Branches (with addresses) in Nigeria

The sort code is a number which usually identifies both the bank and the branch where an account is...

Spectranet and Nokia to provide 100+ Mbps ultra broadband services with FTTH to home and business users in Nigeria

Nokia GPON solution helps Spectranet better serve its customers by adding FTTH services to its current portfolio of...

Midea Showrooms And Stores In Nigeria

If you’ve been wondering where Midea showroom and stores are in Nigeria below is a list of Showrooms and...
- Advertisement -
- Advertisement -

MTN Nigeria has expressed grave concern over the arbitrary shutdown of its base transmitting facilities by the Kogi State Internal Revenue Service (KGIRS), over allegations that it has not met its tax obligations to the government.

The state government is demanding for immediate payment of Social Service Contribution levy, Employee Development levies an annual rent for Right-of-Way on fibre optics cable.

Speaking on the matter, MTN’s Corporate Relations Executive, Tobechukwu Okigbo, the Taxes and Levies Act which introduces the Social Service Contribution and Economic Development levies mandates the Joint Tax Board to recommend chargeable fees which will be subject to the Minister of Finance’s approval.

Read:  Solvatten - Solar-Powered Jerry Cans For Potable Drinking Water In Kenya & Other African Countries

“To the best of our knowledge, the Minister of Finance’s recommendation as provided in the Act is yet to be issued, and as such, it is unclear if the imposition of the fee by the Kogi State Government is on a solid legal footing. As a responsible corporate citizen, we accord the highest priority to our sub-national tax commitments. We wish to state that we have met in full all our tax obligations to the Kogi State government and are not in arrears,” he said.

Going further, he said, “On request, we have furnished the KGIRS on multiple occasions with documentary evidence proving our full compliance with extant state laws on the matter. At this stage, the demands of the KGIRS, if honoured, amounts to multiple taxations and the arbitrary shut down of our base transceiver stations and harassment of our partners will stand in the way of a reasonable resolution.”

Read:  Win $25,000 Young tech entrepreneur Competitions, (HB LAB) sponsored Heritage Bank
Read:  Rivers and Imo States features In The Fight Against Substance Abuse

MTN said it regrets the disruption of services to its customers in Kogi and some neighbouring states and remains fully committed to working with the Kogi state government and the relevant regulatory authorities in reaching a timely and lasting solution.

- Advertisement -

Subscribe to BrandSpur Ng

Subscribe for latest updates. Signup to best of brands and business news, informed analysis and opinions among others that can propel you, your business or brand to greater heights.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Latest News

Challenges Facing Financial Inclusion In Nigeria

Financial inclusion is a term used to describe a population’s reasonable access to affordable financial services. Financial services in this...

The State of Financial Services in Sub-Saharan Africa: How Youth in Six African Nations Spend, Save, And Invest – Report

Since the reformation of financial sectors throughout Africa in the 1990s, there has been a focus on economic development in sub-Saharan Africa through the...

Coca-Cola HBC AG Q3 2019 Trading Update – Solid Quarter Despite Adverse Weather Conditions

Coca-Cola HBC AG, a leading bottler of the brands of The Coca-Cola Company, today announces its 2019 Q3 trading update. Third-quarter highlights Solid performance in a...

Income And Wealth Not The Driver For Prosperity In High-Growth Markets, Finds New Global Study

Three-quarters of people with a below-average income for their country report feeling prosperous; Six in ten people across high-growth markets say access to financial...

More Articles Like This