Politics / Re: Festus Keyamo Trending After His Portfolio As State Minister Was Announced by LaudableXX: 10:13pm On Aug 22, 2019 |
Niceman4u: Incurable zombie! I am sure u failed English language multiple times in WAEC. Seems u did not understand wat the guy u quoted put up there or maybe u don't read newspapers? Lemme summarize it here to u: The prosecutor and the suspect are going to work together for the common good of sharing national cake. Oh lawd.....you guys just want to finish us with laughter! 1 Like
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Politics / Re: Festus Keyamo Trending After His Portfolio As State Minister Was Announced by LaudableXX: 10:09pm On Aug 22, 2019 |
dexmond: I think the issue here is not about success, but about the immorality of a financial crime prosecutor working together/under the alleged criminal he was prosecuting. Gbam! You talk am well.... ![cheesy](https://www.nairaland.com/faces/cheesy.png) |
Politics / Re: EFCC Raids Ambode’s Residence by LaudableXX: 10:03pm On Aug 22, 2019 |
seunmsg: The law is simply in operation. If he stole funds belonging to the good people of Lagos state, every kobo should be recovered from him. There should be no sacred cow in the fight against corruption. Which law? ![](/faces/huh.png) The same law that is blind when it comes to Kanu, Akpabio and other corrupt ex-governors but is wide awake, when it comes to Ambode? Here is another angle to the EFCC search on Ambode's residence. Some of the former governor’s loyalists accused the EFCC operatives of attempting to plant foreign currencies at his Epe home to incriminate him.
A statement signed by three lawyers said the anti-graft operatives had attempted to search Mr Ambode’s Epe home without supervision.
“We resisted as young lawyers and stated expressly that the principle of search is that the owner of the premises or his representatives must be present to observe the search,” read the statement jointly issued Fatai Adebanjo, Busari Olanrewaju, and Samson Okuneye.
“They succumbed to our superior argument and allowed us and the people who has the key to the ex-governor’s house into the apartment with them. Before they entered, we searched all the officials of the EFCC who intended to go in to effect the search.
“There was a blue bag which they were holding with them, we requested to see the content of the bag before they could take it in.
They got angry and said we cannot see the content. Having said that, we strongly resisted them to take it in since they cant allow us to see it, which they later agreed.
“We later got to know that the bag contained foreign currency which they brought to plant in the house of the ex-governor to incriminate him.
“It is important to inform the public that before the entered the house, we all submitted our phones to them as they requested, that the only person required to go in with phone is one of them who will record the whole process.”
The statement said no incriminating material was found in Mr Ambode’s home.
The EFCC said claims that its operatives attempted to incriminate Mr Ambode were untrue.
“The commission therefore frowns at the attempt to manipulate the video of the search, to create the wrong impression that officers of the agency molested residents at the Epe home of the governor.
“It is also not true that the search was an attempt to plant foreign currencies in the home of the former governor.” https://www.google.com/amp/s/www.premiumtimesng.com/news/headlines/347725-controversy-trails-efccs-search-of-ambodes-house.html/amp/ |
Politics / Re: DPR Seals Gas Plant, Arrests 3 Suspects In Ogun by LaudableXX: 9:50pm On Aug 22, 2019 |
AutoReportNG: [img]https://1.bp..com/-BWiIv7S_noo/XV6rFnRvGvI/AAAAAAAAe4I/zijAmmlF9lQoVqbtkHnzZ78IYAkHWuqyACLcBGAs/s1600/DPR-official-seals-illegal-filling-station.jpg[/img]
The Department of Petroleum Resources (DPR) on Thursday, sealed a gas plant located at Gas line road in Magboro, Ogun, for allegedly operating illegally.
Mrs Muinat Bello-Zagi, the Operations Controller, Abeokuta Field Office, DPR,who led the team also apprehended three suspects with the help of the men of the Nigeria Security and Civil Defence Corps (NSCDC).
Bello-Zagi vowed that the owner of the plant and others running illegal gas plants in any part of the state would be arrested and prosecuted.
“If you look behind me, you’ll see a padlock.
“We had visited this facility twice and sealed it; we padlocked it but when we got here now, we noticed that he didn’t tamper with our padlock; rather, he created another entrance that was not there previously.
“That is why we are here again and we have sealed the place and going to prosecute him.
“We have said earlier that anyone caught operating illegally will be sanctioned and prosecuted and that is what we are going to do with this plant owner.’’
Meanwhile, the officials of the DPR met with the members of the Independent Petroleum Marketers Association of Nigeria (IPMAN) at the mosimi depot.
The DPR officials, led by Bello-Zagi, said that the meeting was aimed at affirming the relationship existing between the department and the petroleum marketers.
She urged the petroleum marketers to always adhere to the regulations guiding the sale of petroleum products in the country.
“IPMAN is one of our major stakeholders and we appreciate and respect them a lot. The purpose of the meeting today is to remind ourselves and remind them of some of our regulations.
“They have been complying but there is no perfect institution and there are some areas that need improvement and that is what we have discussed and they have promised to cooperate with us,” she said.
Responding, the Vice Chairman of IPMAN, Fatai Soewu, assured the DPR officials that the association would continue to appeal to its members to obey lay down rules and regulations.
Soewu, however, pleaded with the Federal Government to urgently address the issue of multiple- taxation which he said was affecting businesses of IPMAN members negatively..
He further urged the government to look into ways of having a unified taxation system.
Soewu also called on the the government to urgently repair the Ikorodu/Sagamu road leading the depot and ensure availability of petroleum products at the facility.
(NAN)
Source: https://www.autoreportng.com/2019/08/dpr-seals-gas-plant-arrests-3-suspects.html Ahn ah....is this a gas plant? Or a petrol station? Why are you using the headline to tell us big lies? ![shocked](https://www.nairaland.com/faces/shocked.gif) Haba!! |
Celebrities / Re: Bambam Wows In Magical Outfit by LaudableXX: 9:44pm On Aug 22, 2019 |
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Politics / Re: Ojukwu On His First Day As Governor Of The Eastern Region (Throwback Photos) by LaudableXX: 9:34pm On Aug 22, 2019 |
Deadlytruth: You have kept on repeating this stale line of "Ironsi never conducted any coup..." Who even told you this? A coup is any take over of power in such a manner which cricumvents the laid down constiutional provisions for that. Ironsi planned and executed a coup within a coup. What the constiution he swore to protect and preserve in all circumstances dictated for him to do at that moment was to simply swear in Alhaji Dipcharima as Balewa's replacement, also replace the slain premiers with their deputies, proceed to punish the coup plotters according to the military courtmatial laws of which he was the chief custodian, and returned to the barracks as a professional soldier who should show no interest in politics while still in office. But his greed for power and personal aggrandizement got the better part of him as he told the parliarmentarians to give him power and threatened them into unwilling submission by claiming that he would not be held responsible for whatever befell the country if political power was not surrendered to him. That itself was a coup. For a supposed chief security officer of the entire country to in advance deny responsibility for any security breach should he be denied power means he was up to a very dishonest game. And each time you claim Ironsi foiled the coup, you sound rather shallow and illogical for the following reason: Ifeajuna's coup was aimed at introducing military rule and subverting the independence constiution. Now Ironsi's action ended up producing exactly the same result. So how did that amount to foiling of the coup? An actual foiling of the coup should have resulted in preserving the democracy in place and returning power to the civilians without any alteration in the extant constiution. It is like Thief A robs you of your money and as he was on his way escaping with it, Thief B stops him and robs him too of the money and then ran away. Then you begin to commend Theif B for foiling Theif A's attempt to rob you despite he didn't return the money to you after robbing Thief A of it. Does that make sense? The members of parliament at that time expressed a view that was similar to your own. Kindly read the excerpt below: In his own words, Chief Richard Akinjide said the Ministers did not hand over to Ironsi. In 2000, he said ” under the law, that is, the interpretation Act, as acting President, Nwazor Orizu had all the powers of the President. The GOC said he wanted to see all the cabinet ministers. And so we assembled at the cabinet office. Well, I have read in many books saying that we handed over to the military.
We did not hand-over. Ironsi told us that” you either hand over as gentlemen or you hand-over by force”. Those were his words. Is that voluntary hand-over? So we did not hand over.
We wanted an Acting Prime Minister to be in place but Ironsi forced us, and I use the word advisedly, to hand over to him. He was controlling the soldiers.
The acting President, Nwafor Orizu, who did not cooperate with us, cooperated with the GOC. Dr. Orizu and the GOC prepared speeches which Nwafor Orizu broadcast handing over the government of the country to the army. I here state again categorically as a member of that cabinet, that we did not hand-over voluntarily. It was a coup”. https://www.google.com/amp/s/www.vanguardngr.com/2016/01/hand-over-or-took-over-power-2/amp/ 1 Like |
Politics / Re: Igbokwe Under Fire For Berating Motorbike Hailing Service, Gokada (pixs) by LaudableXX: 4:58pm On Aug 15, 2019 |
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Politics / Re: Igbokwe Under Fire For Berating Motorbike Hailing Service, Gokada (pixs) by LaudableXX: 4:57pm On Aug 15, 2019 |
AfonjaConehead: Baba, nobody is talking about safety here,the talk is about economic viability by the myopic Igbokwe...but it's clear that you all are having migraine cos Igbokwe,an "ipob" has been nominated for commissioner in Lagos state. Suddenly,you all have woken up and realised he is now an Igbo man... Buh when he was speaking against PDP and the SE,he was your darling..
![grin](https://www.nairaland.com/faces/grin.png)
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Phones / Re: My Infinix S3X Review: Yes, I Am Not A Fan Of The 'notch' by LaudableXX: 11:33pm On Sep 30, 2018 |
Iykesmooth: U just have bad luck. Please don't infect me with it
M gone Haba! Na on top your head, di bad luck dey perch. Guy study yourself very well and stop misyarning. ![undecided](https://www.nairaland.com/faces/undecided.png) |
Phones / Re: My Infinix S3X Review: Yes, I Am Not A Fan Of The 'notch' by LaudableXX: 11:32pm On Sep 30, 2018 |
nonny400: So because you didn't have a good experience, that means the rest of us should tow the same line with you?
I'm using an Infinix note 5 and it's been wonderful. I've used hot 5, note 4 pro, etc and I never had to repair them. So what's your problem exactly?
Make your opinion and move on. Guy, I have made my points and moved on, but it appears as if my points are causing you pain and discomfort, which is why you are now wailing. Sorry, o! Try not to kill yahself over Infinix, you hear? ![shocked](https://www.nairaland.com/faces/shocked.gif) |
Jobs/Vacancies / Re: Interview Etiquette 101: My Personal Experience As A Recruiter by LaudableXX: 11:27pm On Sep 27, 2018 |
OfficialAPCNig: Ok. Hopefully by the end of 2nd week of Feb, I would take delivery of my promotion letter and this would make me one of the youngest in the history of our company. I am less than 30 and I have only been with the company for less than 10 years.
January I am going to UK for the mandatory training. I was certified to practice in Nigeria few years ago and next year, I would be fully certified to practice in UK.
I didn't get there by being stupid or getting intimidated by what people think of my process. Humility is a virtue. You boast too much. ![undecided](https://www.nairaland.com/faces/undecided.png) 1 Like |
Phones / Re: My Infinix S3X Review: Yes, I Am Not A Fan Of The 'notch' by LaudableXX: 11:16pm On Sep 27, 2018 |
Iykesmooth: Make your research before posting crap. I have an Infinix hot note pro that I have been using for 4 years now. Yet it's still functioning very well and I haven't had a reason to change it.
I plan on getting the Infinix stylus next month because of how good my experience has been
In fact that's the phone am using to type this right now
Alot of people are like u who criticize these phones but haven't used them long enough to have a credible opinion Oga, speak for yourself. ![sad](https://www.nairaland.com/faces/sad.png) Which research do I want to do again? I bought Infinix Note 4, last year and used it for several months. Within the first 5 months of purchase, it started having charging port problems. ![angry](https://www.nairaland.com/faces/angry.png) I had to change the charging port. By the 7th month it developed another issue. I dumped the phone and bought another Infinix, only to be plagued with similar issues. This time, the 2nd one did not last as long as the 1st unit. Meanwhile, the Samsung Galaxy I have been using for 3 years as my primary phone, never gave me any problems, till date. So should I lie and say that Infinix phones are good, when it has only ever given me problems? ![shocked](https://www.nairaland.com/faces/shocked.gif) Even many of my friends have experienced similar disappointing issues with their own Infinix phones. Abeg, if you have nothing logical to contribute, take several seats down and get off my mentions biko! ![shocked](https://www.nairaland.com/faces/shocked.gif) |
Romance / Re: What Made You Lose Interest In Someone You Were Wooing? by LaudableXX: 2:48pm On Sep 07, 2018 |
tgmservice: The babe was so boring, imagine replying my whatsapp chat every 30 minutes.
Oboi i find my level. I like that kind of girl. ![cool](https://www.nairaland.com/faces/cool.png) It shows she is busy with other valuable projects or she has a full-time job, that is taking up her attention. You should go and find something useful to do, instead of assuming that the girl must always be at your beck and call, to respond to your messages every 5 seconds. ![undecided](https://www.nairaland.com/faces/undecided.png) 2 Likes |
Business / Re: FG Demands Fresh $2bn Tax Arrears From MTN by LaudableXX: 2:25pm On Sep 07, 2018 |
RevenGeMission: If you think your stupid writeups and comments suprise, baffle or hurt me , then your even younger than i pictured you to be , it's a shame really
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Business / Re: FG Demands Fresh $2bn Tax Arrears From MTN by LaudableXX: 2:24pm On Sep 07, 2018 |
mfm04622: Recent news claim govt acted on information from a whistle blower inside MTN. I really don't understand why Nigerians that should be happy that govt is ensuring companies pay correct taxes are advocating for MTN. Why are you more Catholic than the Pope? And in your mind you think govt should have acted thoughtlessly, without verifying if those claims were true, simply because some so-called, ill-informed whistle blower made a dubious claim? Chai! |
Autos / Re: Toks 07 Volkswagen Passat For Sale by LaudableXX: 1:06am On Sep 07, 2018 |
withyhu: In good shape...whatsapp: 08032631582. Will it be a crime, if you put the price? ![shocked](https://www.nairaland.com/faces/shocked.gif) 1 Like |
Celebrities / Re: Lara George And Husband, Gbenga George Celebrate 14th Wedding Anniversary by LaudableXX: 1:04am On Sep 07, 2018 |
omopoly007: Ijoba orun song was a Bae It still is. I love this lady's songs. ![cool](https://www.nairaland.com/faces/cool.png) |
Career / Re: Meet Dr. Osato Osemwengie: Biography Of Maker Of Drones For American Army by LaudableXX: 1:00am On Sep 07, 2018 |
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Career / Re: Meet Dr. Osato Osemwengie: Biography Of Maker Of Drones For American Army by LaudableXX: 12:52am On Sep 07, 2018 |
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Celebrities / Re: Uriel Oputa's Mother Beats Cancer (Photo) by LaudableXX: 12:40am On Sep 07, 2018 |
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Romance / Re: Why Are There Too Many Single Ladies These Days? by LaudableXX: 12:21am On Sep 07, 2018 |
mercyway: you need brain transplant, we are having discussions about issues with ladies & sensible people contributed. go & check the meaning of lamentation dindinrin
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Business / Re: FG Demands Fresh $2bn Tax Arrears From MTN by LaudableXX: 12:19am On Sep 07, 2018 |
RevenGeMission: Like i said earlier, no contributions, no counter argument ...
Go to sleep my boi , tomorrow is another day Oh, I added some info to my last post go and read it again, and try not to kill yourself.
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Business / Re: FG Demands Fresh $2bn Tax Arrears From MTN by LaudableXX: 12:14am On Sep 07, 2018 |
RevenGeMission: I bet you just got out of a ban cos i haven't been seeing your stupid writeups, but i am certain you will be going back there soon because of your big mouth
Typical of every wailer i know on this forum, your contributions are usually insults and complains , nothing tangible , meaningful or rational in your posts , You can take that free tutorial and shove it up someone in your household's arse cos i do not need it and will not be needing it anytime soon
Bottom line remains MTN evaded tax , People like Messi, Ronaldo and hosts of other world players are being tried and jailed / fined for tax evasion
In a bold move MTN forcefully and secretly repatriated funds without paying Nigerian Government , that alone is an affront and MTN should be sued or shutdown
if you do not comprehend any of that , then it's time to start looking into your so called education You are pained, because I questioned the gibberish your friend was posting. Eeyah....try not to kill yahself. Anyway, like I said to someone else earlier, I am not interested in the emptiness of those who constantly have nothing to contribute, but think they would be taken seriously, by the number of insults they spew out. Go back and read the article. MTN was said to have evaded import duties. MTN did not secretly and forcefully repatriate funds, as it is not possible to do so, without appropriate clearance from banking authorities. Ask any banker who is familiar with banking operations. Any money repatriated was their legitimate earnings made from their operations in the Nigerian market. Please go and educate yourself, before anyone calls your intelligence into question again. ![undecided](https://www.nairaland.com/faces/undecided.png)
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Business / Re: FG Demands Fresh $2bn Tax Arrears From MTN by LaudableXX: 12:10am On Sep 07, 2018 |
Akainzo: Bros, cool down and read to actually understand business and not the telecomms equipment structures. Even though MTN is not the OEM for the telecomms equipment, it is actually MTN that imports them into the country. Siemens does not bring its equipment to keep on stores for buyers to come, the business that need them do the imports. The same operates in all other businesses. Toyota does not bring its cars to Nigeria, all Toyotas are IMPORTED by a particular business, either by an end user or a company in car retail business.
It is very much possible to import things into Nigeria and not pay the right import duties due to CORRUPTION. Even our own Senate President imported a car and didn't want to pay duties, how much more a company that has the resources to bribe customs personnel. So long as the crime has not gone beyond the statute of limitations, it can be prosecuted and recovered.
Fraud is uncovered daily across the world. If you follow football, Messi, Ronaldo and Mourinho have been charged with underpaying taxes as well. It is only when reconciliations are done that underpayments are discovered, and the discovery of one instance could lead to further digging that would uncover a culture of such underpayments. Oga, na God I take beg you...do NOT say what you do not know. ![shocked](https://www.nairaland.com/faces/shocked.gif) I worked for different telecom infrastructure companies in Nigeria for several years, and if there is one thing I know like the back of my hand, it is the logistics and supply chain structure of the telecoms industry. It is NOT actually MTN that imports any equipment into the country. It is the OEMs, their agents, franchisees or their local subsidiaries that do so. Siemens, Motorola, Ericsson and other OEMs etc, have factories abroad, that manufacture these telecoms equipment. What they do is to conduct presentations for different GSM companies on the range of products they have manufactured in their firms, abroad. Based on their project requirements, MTN, Airtel, Glo, 9Mobile etc, can issue an LPO or an order for the product or service they require. The OEMs like Siemens, Motorola, Ericsson etc, then import the items under their own names (i.e. as the consignee) and clear them by themselves. They are the ones who pay the import duties, taxes etc on the imported equipment, not MTN! After inspecting the equipment, and making sure it is in good condition, they then deliver it to MTN, Glo, Airtel or whoever requested it. ![undecided](https://www.nairaland.com/faces/undecided.png) The OEMs or their sub-contractors or agents are also the ones who install and commission the equipment. After a period of testing to make sure it meets their requirements, then the GSM companies like MTN, Glo, Airtel etc, would sign off on the waybills, delivery notes or completion certificate, to convey acceptance. It is only at this point, that the title of ownership of the equipment, gets transferred to the end user (e.g. MTN, Glo, Airtel). Hope that is clear. ![undecided](https://www.nairaland.com/faces/undecided.png) So using cars as an example, is a wrong form of illustration. It doesn't work like that in telecoms. In fact, in the past few years, there has been a lot of emphasis on leasing of equipment, and not outright purchases, anymore. And in such cases, the ownership of the equipment, rests with the leasing company, not the lessee. ![sad](https://www.nairaland.com/faces/sad.png) 1 Like |
Business / Re: FG Demands Fresh $2bn Tax Arrears From MTN by LaudableXX: 11:55pm On Sep 06, 2018 |
mfm04622: There is tax evation and there is tax avoidance. FG did not say MTN DID NOT pay tax, FG said MTN UNDERPAID taxes. Big difference. Sometimes, the end user is held liable for taxes on imported goods. For example, duty on vehicle. If duty is not paid on imported vehicles, govt will seize the vehicle from the present owner even when the owner was not the importer. It has escaped govt notice before, now they have observed it. Should govt allow MTN to cheat us? Nigerians should be happy govt is pursuing tax defaulters. Underpaid tax? In what way? ![](/faces/huh.png) Govt says one thing without proof, and you chaps recycle it without knowing the facts, or the way the industry works. The telecoms equipment were imported by different companies (not related to MTN), using their own company names, and not MTN's name. Such equipment was only sold to MTN after it had arrived in the country. ![sad](https://www.nairaland.com/faces/sad.png) And the names and identities of the consignees are well documented, and known to govt. Their offices are also open and still doing business. MTN did not import the equipment, or clear the goods. So on what basis are they holding MTN? And using cars as an example, is a totally wrong illustration which cannot apply to the telecom industry. Sp do not go down that route, unless you want people to laugh you to scorn. ![undecided](https://www.nairaland.com/faces/undecided.png) |
Business / Re: FG Demands Fresh $2bn Tax Arrears From MTN by LaudableXX: 11:47pm On Sep 06, 2018 |
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Business / Re: FG Demands Fresh $2bn Tax Arrears From MTN by LaudableXX: 11:46pm On Sep 06, 2018 |
alizma: your statement present you like someone who has not been to school to have known that if there is tax waiver for a company like mtn, there would definitely be document covering that Tax waiver on.... what? ![](/faces/huh.png) MTN is accused of evading import duties. Are you just clueless, or just pretending to be? RevenGeMission: Will you shutup ?? BTS, ROW , LNB BUC and whatever the hell you conjure up as excuse does not absolve mtn of wrong doing , we are talking about TAXA here , yes MTN laundered money if you don't know that again , please shut up
More importantly , MTN knew the condition in the country before investing in telecom in Nigeria , try and be sensible
thank you Each time you open your mouth, the emptiness in your brain becomes apparent. ![sad](https://www.nairaland.com/faces/sad.png) Anyway, I don't blame you. You were not taught rational analysis and deduction in school. You failed to learn anything, despite all the amount expended on your education. You claim MTN 'laundered' money. Do you even know what it means to 'launder' money? ![shocked](https://www.nairaland.com/faces/shocked.gif) What kind of gibberish are you spewing forth? Unfortunately, I am not in the mood to give you a free tutorial today. Look for educationally challenged clowns like yourself, to bandy words with. ![undecided](https://www.nairaland.com/faces/undecided.png)
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Business / Re: FG Demands Fresh $2bn Tax Arrears From MTN by LaudableXX: 11:40pm On Sep 06, 2018 |
Neoteny: Earliest sign of a frustrated, derelict life.
Clearly this jobless idiot is unhinged.
And unemployed.
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Business / Re: FG Demands Fresh $2bn Tax Arrears From MTN by LaudableXX: 2:18am On Sep 05, 2018 |
rman: You are the one of the reasonable fellow on this thread, if not this site.
Most Nigerians lack the capability to see the bigger picture.
What this govt is trying to do is take over that company. It is quite clear right from the first year.
It is no coincedence that they are being attacked by different govt agencies including NLC.
Is the govt saying MTN cooporate governance and ethics is worst than GLOs? Don't mind them. ![angry](https://www.nairaland.com/faces/angry.png) Majority of those jumping up and down on this thread, do not know the first thing about telecoms firms, or the way they operate. When it comes to Mobile Switching Centres (MSC) for example, it is the big telco infrastructure companies like Motorola, Ericsson and Siemens that play in this field. They are the OEMs. MTN does not manufacture one single pole, modem, RF radio or antennae for its operations. These telco infrastructure firms bring in the equipment, sell it to MTN, Airtel, Glo and co, and then maintain it for a stipulated number of years. ![sad](https://www.nairaland.com/faces/sad.png) And they all have offices and warehouses in Lagos. So how can govt tell us that their Federal Ministry of Finance officials all over the federation, as well as tax authorities at federal and state level, including Nigerian Customs Services turned a blind eye to the fact that MTN was not paying taxes and import duties, for 10 whole years?!! Haba! Make dem dey lie, small-small nah! If what govt is saying is actually true, then every senior staff of the Ministry of Communications, as well as Ministry of Finance, including FIRS and Customs, from the level of director upwards, should be sacked with immediate effect! They have failed woefully in this regard! ![angry](https://www.nairaland.com/faces/angry.png) 2 Likes 1 Share |
Business / Re: FG Demands Fresh $2bn Tax Arrears From MTN by LaudableXX: 2:02am On Sep 05, 2018 |
RevenGeMission: If NCC knows that it's doing Nigerians shouldn't bear the brunt , this company has raked enough profit already and what the FG is demanding is a chicken change compared to what some stupid bankers helped MTN to launder
If NCC knows what it's doing MTN would be forced to provide quality service and no additional cost or pain to Nigerians , You do not know anything about how telcos operate, so kindly educate yourself. ![sad](https://www.nairaland.com/faces/sad.png) It is only in Nigeria, that telcos have to provide 2 generators at every Base Transceiver Site (BTS), because your power infrastructure is in shambles. It is only in Nigeria, that telcos have to pay state govts exorbitant amounts for right-of-way (ROW) to lay fibre-optic cables, in order to provide telecom services to the public. It is only in Nigeria, that BTS locations are vandalised routinely by miscreants, local govt agents and indigenous community members/youths, with their valuable equipment stolen, because they want to extort money from the telcos. Equipment ranging from air-conditioners in telecom shelters, to switches LNBs or BUCs as well as diesel gensets, are stolen daily from different BTS sites nationwide, and this has a negative impact on the telco's network. How can good services be provided, in the midst of so many constraints? ![shocked](https://www.nairaland.com/faces/shocked.gif) Yet, the telcos are doing their best to still provide such services despite all these challenges. Nothing was laundered by any bank. ![angry](https://www.nairaland.com/faces/angry.png) The money that MTN earned as revenue from its services was kept in the banks, and repatriated to their parent company or their home country. So the word 'launder' does not apply to MTN's operations, in this case. ![undecided](https://www.nairaland.com/faces/undecided.png) 3 Likes |
Business / Re: FG Demands Fresh $2bn Tax Arrears From MTN by LaudableXX: 1:50am On Sep 05, 2018 |
RevenGeMission: Excuse me , Soldier go soldier come , Barracks remain , eventually another Telco will spring up and invest in Nigeria maybe even provide quality 4G service all over the nation, the fear of the future shouldn't make us slaves of the present Which other telco will invest? ![shocked](https://www.nairaland.com/faces/shocked.gif) From which country? The same telcos that refused to buy up the old NITEL, until some Naija businessmen had to shop for funds to rescue it from oblivion, and then renamed it NTEL? Till today, where is NTEL and what is its' standing in the market? ![undecided](https://www.nairaland.com/faces/undecided.png) 1 Like |
Business / Re: FG Demands Fresh $2bn Tax Arrears From MTN by LaudableXX: 12:45am On Sep 05, 2018 |
Positiveminds: This is in connection with Withholding Tax. No, sir. Read the OP's post again. ![sad](https://www.nairaland.com/faces/sad.png) WHT was NOT mentioned. This is what they said: “The Attorney General notified MTN that his office made a high-level calculation that MTN Nigeria should have paid approximately $2bn in taxes relating to the importation of foreign equipment and payments to foreign suppliers over the last 10 years,” a statement signed by the Public Relations Manager, MTN Nigeria Limited, Funso Aina, stated on Tuesday. |