By using this site, you agree to the Privacy Policy and Terms & Conditions.
Accept
Okay.ngOkay.ngOkay.ng
Font ResizerAa
  • News
    • Politics
  • Entertainment
  • Business & Economy
  • Sport
  • Tech
Reading: NLC Calls On MTN to Pay $10b Fine
Share
Font ResizerAa
Okay.ngOkay.ng
  • News
  • Entertainment
  • Business & Economy
  • Sport
  • Tech
Search
  • News
    • Politics
  • Entertainment
  • Business & Economy
  • Sport
  • Tech
Follow US
  • About Okay.ng
  • Advertising on Okay.ng
  • Contact Okay.ng
  • Careers
  • Meet the Team behind Okay.ng
  • Ownership and Funding of Okay.ng
  • Editorial Principles at Okay.ng
© OKN MEDIA PUBLISHING 2022 - All rights reserved
BusinessNews

NLC Calls On MTN to Pay $10b Fine

Farouk Mohammed
By Farouk Mohammed
Published: September 16, 2018
Share
4 Min Read
SHARE

The Nigeria Labour Congress (NLC) has called on communications giant, the MTN Nigeria, to comply with the directive of the Federal Government to pay over $10 billion as tax arrears and illegal repatriation.

Ayuba Wabba, NLC President, made the call in a statement on Sunday in Abuja.

Specifically, Wabba said the NLC will advice MTN to comply, without further delay, the directive of the Federal Government to pay $2 billion in tax arrears.

He said: “This is as well as the $8.13 billion illegally repatriated to South Africa over which four indigenous banks have been fined.

- Advertisement -

“We similarly urge the Federal Government to spare no effort in recovering this money as anything to the contrary will send wrong signals to other corporate organisations it had punished for lesser tax infractions.

“The need to enforce this order is all the more compelling when it is realised that workers pay taxes they can ill-afford, but religiously pay all the same.”

Wabba noted that since government’s tax reforms have been skewed in favour of corporate organisations, there was no reason for a default.

He added that every taxable person is expected to pay his or her tax as and when due.
Wabba said: “If companies default, with what is government expected to run the country or conduct its business?

- Advertisement -

“In our view, this incident does not only directly test the Thabo Mbeki Report on Illicit Financial Flows from Africa, it is also a major crime against the government and people of Nigeria.

“On our part, we are, however, not surprised by the unethical conduct of MTN.

“They are not only engaged in the exploitation of Nigerian workers and turning them into slaves, but have extended their frontiers to unwholesome economic exploitation and sabotage.

“The questions on every lips are: How many times has MTN done this? How many other companies are doing this?”

Wabba stated that through the Tax Justice Campaign, labour had relentlessly and assiduously drew the attention of the government and Nigerians to the humongous crime against the vulnerable people of Africa, especially Nigeria.

He noted that over 70 million people in Africa are said to be the poorest in the world.

He said: Government should use this opportunity to send an appropriate message to everyone, especially corporate organisations who often pay taxes in the breach.

“Coupled with this, government’s tax reforms will only make meaning if they are judiciously executed.

“We feel vindicated by the latest discovery, while offering an explanation for picketing MTN offices across the country in July this year, we highlighted labour laws, local content law and security breaches by MTN.

“We exposed other acts of impunity by MTN, in spite of the fact that 60 per cent of its global income comes from Nigeria.”

Wabba urged critical government agencies to closely look into the operations of the company, especially in light of the Thabo Mbeki Report.

Stay Updated on the Go with Our Latest News—Join Our WhatsApp Channel Now!
TAGGED:MTNNLC
Share This Article
Facebook Whatsapp Whatsapp Telegram Email Copy Link Print
ByFarouk Mohammed
Publisher
Follow:
Farouk Mohammed is a Head Editor at Okay Nigeria (Okay.ng). He has been publishing for 10 years and focused more on Local/World News on Okay.ng
Previous Article Fayose Slams EFCC for Putting His Name On Watch List
Next Article President Buhari Mourns Rev. Moses Iloh

Connect with Okay on Social

FacebookLike
XFollow
InstagramFollow
TelegramFollow
- Advertisement -
Ad imageAd image
- Advertisement -
- Advertisement -
Ad imageAd image

Recent Posts

FG Rolls Out Bold Family Unity Plans Amid Rising Urban Struggles
News
Trade Tensions and Tariffs Push Global Economy to Brink, UN Warns
International
Atiku Abubakar
Atiku Slams Post-Obasanjo Presidents Over Boko Haram, Credits Obasanjo for Early Victory
News
Rudeboy Drops New Single ‘Billos’
Entertainment
GTBank Entry Level Program 2025: All You Need to Know
Explainer
- Advertisement -
Ad imageAd image

You May Also Like

Politics

Delta Governor: Defection to APC Aimed at Advancing State, Not Weakening PDP

Oluwadara Akingbohungbe
Oluwadara Akingbohungbe
May 15, 2025
News

Tinubu to Attend Pope Leo XIV’s Inauguration in Rome

Muhammad A. Aliyu
Muhammad A. Aliyu
May 15, 2025
VeryDarkMan
News

Police Re-arraign VDM Over Cyberbullying Allegations Against Nollywood Actresses, Others

Oluwadara Akingbohungbe
Oluwadara Akingbohungbe
May 15, 2025
Okay.ngOkay.ng
Follow US
© OKN MEDIA PUBLISHING 2025 - All rights reserved
  • About Okay.ng
  • Advertising on Okay.ng
  • Contact Okay.ng
  • Careers
  • Meet the Team behind Okay.ng
  • Ownership and Funding of Okay.ng
  • Editorial Principles at Okay.ng
adbanner
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?