
BUSINESS
MTN Sue FG Over Tax
A Federal High Court in Lagos has adjourned till January 30 next year to hear a suit by MTN Nigeria Communication Ltd, against the Attorney-General of the Federation, over alleged N242 billion and 1.3 import duties and withholding tax assessments.
Justice Chukwujekwu Aneke fixed the date at the instance of the AGF, following his counsel’s application for more time to regularise his processes.
In the suit MTN is challenging the legality of the AGF’s assessment of its import duties, withholding tax and value added tax in the sums of N242 billion and $1.3 billion.