ICT
Court adjourns case between MTN and FG over $2Bn tax dispute
The lawsuit between MTN Group, South African telecommunications giant and the government of Nigeria was on Wednesday adjourned until October 19.
The case involved a $2 billion tax dispute.
Abubakar Malami, attorney general of Nigeria, on behalf of the President Muhammadu Buhari government had demanded MTN to pay the $2 billion last September.
The telecommunication company, however, claimed that the requested tax money was without merit, accusing the attorney general of exceeding his powers in making the request.
The adjournment of the case was moved by lawyers representing the Nigerian government.
MTN through Funso Aina, senior manager, External Relations “We are confident in the Nigerian court system and the rule of law and look forward to presenting our case at the earliest possible opportunity.
MTN Nigeria maintains its stand that we are in full compliance with all extant tax and regulatory obligations. We reiterate our commitment to obeying all Nigerian laws, rules and regulations that govern and guide our business practices.” he added
-
Features1 week agoHow ADC leadership crisis put Atiku’s 2027 ambition at risk
-
Energy1 week agoNNPC plans 5–10% stock market listing, targets 2027 for IPO preparations
-
Business5 days agoDisCos urge Minister to end blame game, apologise to Nigerians over blackouts
-
Latest1 week ago2027: No Court rulings can keep me off the ballot, Atiku insists
-
Health6 days agoStudy links Pfizer COVID-19 vaccine to higher death rates than Moderna shot
-
Latest1 week agoHow internal party disputes could shape the 2027 elections
-
Business7 days agoPower supply to improve in 72 hours as FG moves to restore generation – Tegbe
-
Business4 days agoFuel price: Our eyes on you, FCCPC tells oil marketers