Total faults A’ Ibom on N25b tax debt

Management of Total Exploration and Production Limited (TEPNG) has faulted the government of Akwa Ibom State over the alleged unremitted tax amounting to N25 billion spanning 2011 to 2016.

In a statement by the French oil giant in Nigeria, its External Relations Manager, Charles Ebereonwu, said: “The attention of Total E & P Nigeria Limited (TEPNG) has been drawn to stories in the media alleging that the company is indebted to the Akwa Ibom State Government to the tune of N25, 000,000,000:00 in unremitted Personal Income Tax for the period covering 2011 to 2016.

“TEPNG hereby objects to the alleged tax liability on the following grounds: The Company does not have the record of employees being resident in Akwa Ibom State nor does it maintain any office or operational base in the State.

 

 

Nation

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