Nigeria’s attorney-general handed MTN the $2bn demand for backdated taxes in September, but it says the claim is without merit
A man passes an MTN board in Lagos, Nigeria. Picture: AFP PHOTO/PIUS UTOMI EKPEI
Lagos — MTN met a deadline to respond to a $2bn tax demand from Nigeria’s attorney-general, a Nigerian judge ruled on Tuesday, after state lawyers had said the company had failed to do so. Nigeria’s attorney-general handed MTN the $2bn demand for backdated taxes in September, but the company has said the claim is without merit and that the attorney-general had exceeded his powers in making the demand.
Lawyers representing MTN and Nigeria’s attorney-general traded legal arguments at a court in the commercial capital Lagos on Tuesday over whether or not MTN responded to the tax bill within the three-month period stipulated under Nigerian law.MTN is Africa’s biggest telecoms firm and Nigeria is its largest market, accounting for a third of its annual core profit. However, the West African country has proven to be problematic for the company in the past few years.
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