MTN Nigeria paid N757bn tax in 2021

MTN Nigeria Communications paid a total of N757bn direct and indirect tax to government agencies in 2021, it has been revealed.

This was disclosed during the National Tax Dialogue Event organised by the Federal Inland Revenue Service.

A statement titled, ‘MTN Named Best Tax Compliant Organisation in Nigeria: … recognised as one of the top 20 taxpayers by FIRS,’ signed by the company’s secretary, Uto Ukpanah, revealed that the company’s total tax contribution to all government agencies reached N757.6bn in 2021.

Specifically, MTN Nigeria paid a total of N618.7bn in direct and indirect taxes to the FIRS in the 2021 tax year, representing approximately 13.5 per cent of the total FIRS collection for the year.”

Also, the company was recognised as the most tax-compliant organisation and a part of the top 20 taxpayers in the nation during the event.

The Chief Financial Officer, MTN, Modupe Kadri, who received the awards on behalf of the company, said, “I am delighted at our performance and recognition at this year’s National Tax Dialogue event.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.