Oil Companies and The N1.3tn Tax Debt

Oil Companies and The N1.3tn Tax Debt

The disclosure by the Nigeria Extractive Industries Transparency Initiative (NEITI) that oil producing companies operating in the country owe the Federal Government a hefty N1.3 trillion in taxes is scandalous.This is high-level economic sabotage. Chairman of NEITI and human rights activist, Mr. Ledum Mitee, revealed the startling tax default at a recent stakeholders forum on […]