$2 billion tax remittance: MTN has payment plan with FG – Finance Minister

Nigeria’s Finance Minister, Mrs Zainab Ahmed has revealed that MTN Nigeria’s $2 billion tax repayment scheme currently includes a payment plan with the Federal Inland Revenue Service (FIRS)

The Minister of Finance, Budget and National Planning stated this in a meeting with the Commandant of the National Institute for Security Studies (NISS), Mr Ayodele Adeleke on Friday in Abuja.

This comes after MTN announced plans to fund infrastructure in Nigeria as a form of tax remittance this month.

Mrs Ahmed stated that MTN is owing the government but there has been a payment plan undertaken with the Federal Inland Revenue Service (FIRS)

“They are in Nigeria and have investments all over the country and are following through with the payment commitment made with the FIRS,” she said.

Credit: Nairametrics