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MTN Nigeria rejects CBN, AGF CCIs and taxes claims, heads to court

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MTN Nigeria Communications Limited (MTN Nigeria) continues to categorically and unequivocally deny all charges related to the Central Bank of Nigeria (CBN) and Attorney General of the Federation (AGF) investigations into the company’s CCIs and unpaid taxes respectively.

As previously disclosed the CBN has alleged improper dividend repatriations by MTN Nigeria and requested that $8.1 billion be returned “to the coffers of the CBN” whilst the AGF has alleged unpaid taxes on foreign payments and imports and that approximately $2.0 billion in relation to these taxes be paid to the Federal Government of Nigeria (and now directed that the payment of the $8.1 billion is dealt with through his office rather than as directed by the CBN).

MTN Nigeria has denied these allegations and claims. Furthermore four commercial banks were issued fines in respect of the administration of the CCI and irregular dividend repatriation and requested to return, in aggregate, the same $8.1 billion.

The telco said that in order to protect her Nigeria’s assets and shareholder rights within the confines of the law, they have applied today in the Federal High Court of Nigeria for injunctive relief restraining the CBN and the AGF from taking further action in respect of their orders, while they continue to engage with the relevant authorities on these matters.

Commenting on the developments, MTN Nigeria Corporate Relations Executive Tobe Okigbo said:

“The allegations being made involve issues that appear to be complex and so are easily misunderstood and misinterpreted. They are made even more confusing when the relevant authorities send conflicting messages and instructions and act in a way that appears un-coordinated and at cross purposes.

The simple reality is that MTN Nigeria has never repatriated dividends on the CCIs referenced by the CBN and that MTN is fully compliant with Nigerian tax law.

With situations like this, it is vital for both the government, regulators and the company to have absolute clarity on the nature of both the allegations being made and the processes that are being followed. In the absence of this clarity, our only option is to seek judicial intervention and to ask the courts to act as adjudicator. This has been done today.”

Okigbo said that MTN remains fully committed to Nigeria and remains resolute that the company has not committed any offences and will continue to defend its position vigorously.

“The company will continue engaging with the relevant authorities, and further information will be provided as and when available”, he said.

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President Tinubu Signs Into Law Bill Seeking To Reintroduce Nigeria’s Old National Anthem

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President Bola Tinubu has signed into law the bill seeking to reintroduce the old national anthem. Senate President Godswill Akpabio announced this at the joint sitting of the senate and house of representatives on Wednesday, May 29.

Akpabio said the president signed the bill into law on Wednesday morning.

The bill received accelerated hearing in both chambers of the National Assembly.

Lillian Jean Williams, a British expatriate who lived in Nigeria during its independence, penned the lyrics for “Nigeria, We Hail Thee,” while Frances Berda composed the music.
The anthem was however dropped in 1978 during Obasanjo’s military administration.

See the lyrics of the anthem below

Nigeria, we hail thee,

Our own dear native land,

Though tribe and tongue may differ,

In brotherhood, we stand,

Nigerians all, and proud to serve

Our sovereign Motherland.

Our flag shall be a symbol

That truth and justice reign,

In peace or battle honour’d,

And this we count as gain,

To hand on to our children

A banner without stain.

O God of all creation,

Grant this our one request,

Help us to build a nation

Where no man is oppressed,

And so with peace and plenty

Nigeria may be blessed.

We supposed the new generation has to go and start learning the old national anthem now.

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Jenifer Lopez And Ben Affleck Marriage Heading For The Rocks

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Ben Affleck believes he was “temporarily insane” when he married Jennifer Lopez and the star actor is reportedly pushing for a divorce after “coming to his senses”.

The pair tied the knot in August 2022, rekindling their romance 20 years after they called off their first engagement.

Less than 2 years later, Ben has allegedly labelled their relationship a “fever dream”.

Page Six reports the actor is keen to end their marriage, claiming the decision to wed was due to “temporary insanity”.

A source told the publication: “If there was a way to divorce on grounds of temporary insanity, he would.”

They added: “He feels like the last two years was just a fever dream, and he’s come to his senses now and understands there is just no way this is going to work.”

People also reported Ben and Jennifer have “very different approaches to fame” leading to clashes.

Although they recently attended Ben’s child Finn’s school production together, the couple are reportedly living separately despite buying a £47million ($60million) mansion together last year.

Divorce rumours were further fuelled when fans noticed that J.Lo liked an Instagram post about “broken relationships”.

Jenifer Lopez

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Teacher Arrested For Beating 8-Year-Old Pupil To Coma In Anambra

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A 30-year-old teacher at Landmark School Mgbakwu in Awka North Local Government Area of Anambra State, Faith Nwonye has been arrested for allegedly beating an 8-year-old pupil into a coma.

The state commissioner for Education, Ngozi Chuma-Udeh, who disclosed this while briefing journalists in her office on Monday, May 20, 2024, said that the school has been permanently shut down.

Chuma-Udeh said she had summoned the school’s proprietor and Nwonye to explain the incident that led to the brutal beating of the primary pupil.

“We received this unfortunate incident from an illegal school in Mgbakwu that a child was beaten to a coma over the weekend. On behalf of the State Government, we invited the proprietress of the illegal school as well as the teacher who purportedly beat the child,” she said.

“We’ve handed the matter to the police for further investigations, as we await Mr Governor’s directives. Meanwhile, the school is closed down indefinitely because it’s not supposed to exist in the first instance. Any parent who is enrolling his/her child in an illegal school is doing so at his/her own peril.

“To the proprietors of private schools, anyone running an unapproved school in Anambra is a criminal. It’s a criminal offence to run an illegal school in the state.

“Whether the school is legal or not, it’s criminal to beat a child. According to the doctor, the chances of survival of the child is 20%.”

The commissioner added that the teacher would be brought to book.

“As soon as the police are done, the teacher will face other institutions against child rights. She’s going to have the full wrath of the law brought upon her over her actions,” she said.

“Anambra state abhors violence to children, women, and any other person. It’s not part of this administration and Mr. Governor is against such.”

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