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Tax Evasion: House of Reps gives FIRS chairman 7 days Ultimatum to Appear before probe panel

Core Reporters by Core Reporters
November 29, 2022
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The following oil companies Agip Oil, Sahara Energy, New Cross and 7 other oil companies are expected to appear before the panel on Wednesday (today)

By Raphael Ekpang, Abuja

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Nigeria House of Representatives’ Probe Panel on alleged tax evasion by oil companies has  given the chairman of Federal Inland Revenue Service (FIRS), Muhammad Mamman Nami seven days Ultimatum to appear before it voluntarily or risk being compelled by the inspector general of police to do so.
However,  Hon. Abubakar Hassan Fulata, the Chairman, House of Representatives Ad hoc Committee investigating the Structure and Accountability of the Joint Venture (JV) Business and Production Sharing Contracts (PSCs) of the NNPC from 1990 to date on Tuesday directed the Clerk of House of Reps to serve him Subpoena.
This was sequel to the resolution of all the members in attendance that Nami must appear before them to clear the air over his alleged collaboration with oil companies to evade tax running to trillions of naira when the nation borrows money in order to fund budget. 
The committee directed the Clerk of the House of Representatives, Yahaya Danzaria to write a subpoena to the FIRS Chairman, Mohamed Nami to appear on Wednesday 7th December, 2022.
According to the lawmakers, “this is the last opportunity Nami has to voluntarily appear before the committee. If he fails to appear, on Wednesday 7th December,  the probe panel will then direct the Inspector General of Police to bring him by force.
Meanwhile, the Shell Petroleum Development Company of Nigeria and First E & P sent apologies to the panel over their inability to appear before the committee on Tuesday. They promised to appear in their next sitting next week.
 The two companies had last week appeared before the committee   but promised to appear today (Tuesday ) to furnish the committee with documents being requested for. Oil companies expected to appear before the probe panel on Wednesday (today) include, Agip (Nigerian Agip Oil Company);  Agip (Nigeria Agip Energy);  FAMFA; Pan Ocean; New Cross Exploration;  New Cross Petroleum; GEC Petroleum Development Company; Enageed Resources Ltd; Ten-Oil Petroleum Energy Ltd; Sahara Energy Resources Ltd and Millennium Oil and Gas Ltd.

Tags: AgipAlleged tax evasion House of reps gives FIRS chairman 7 days ultimatum to appear before probe panelHon Abubakar Hassan FulotaHouse of RepresentativesMohammad mamma Mani
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