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Reps summons Trade Ministry Officials over alleged N2.6trilion Tax Evasion

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The House of Representatives’ Committee on Public Accounts has vowed to ensure accountability on the capital allowances granted to a Telecommunication Network in Nigeria by the Ministry of Industry, Trade, and Investment amounting to N2.6trillion.

Chairman, House Committee on Public Accounts, Oluwole Oke, at the resumption of the investigative hearing, noted that the report indicated that the documents relating to the N2.6trillion capital allowances were allegedly forged.

The Committee, therefore, summoned the Minister of Industry, Trade and Investment, Niyi Adebayo.

It, however, resolved that all the officials involved in the inspection from the Ministry be made to appear before it.

Written by: Helen Obih

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President Muhammadu Buhari on Tuesday received the President of the African Development Bank, Akinwumi Adesina at the State House in Abuja. According to reports, their talks centered on food security for Nigeria. The report revealed President Buhari applauded the $1.5 billion African Emergency Food plan developed by the AfDB, which is awaiting ratification by its Board

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