MTN Remits N879bn Taxes Amid Revenue, Profit Growth - Business - Nairaland
Nairaland Forum › Nairaland General › Business › MTN Remits N879bn Taxes Amid Revenue, Profit Growth (4216 Views)
| MTN Remits N879bn Taxes Amid Revenue, Profit Growth by dre11(op): 8:43am On May 28 |
By Jide Ajiahttps://punchng.com/mtn-remits-n879bn-taxes-amid-revenue-profit-growth/?utm_source=rss.punchng.com&utm_medium=web
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| Re: MTN Remits N879bn Taxes Amid Revenue, Profit Growth by Image123(m): 9:29am On May 28 |
Follow who know road, you hear? |
| Re: MTN Remits N879bn Taxes Amid Revenue, Profit Growth by Checkwell: 9:30am On May 28 |
No ne small thing. They are really cashing out in Nigeria but don't want Nigerians to cash out in South Africa. No be juju be that? |
| Re: MTN Remits N879bn Taxes Amid Revenue, Profit Growth by SmartPolician: 9:31am On May 28 |
N878.7bn Imagine what one company pays in taxes; almost a trillion naira. Those who own telcos are some of the richest in the world. That's why someone like Mo Ibrahim can be organising fellowships and be giving out $100k as though it's N100k |
| Re: MTN Remits N879bn Taxes Amid Revenue, Profit Growth by proxillin(m): 9:31am On May 28 |
after squeechchhiiing the neck of nigerians on expensive tarrif, they are remitting the blood of nigerians as tax. and what do they do with the tax? they borrowed additional 62trillion to pay bandits their boys to arm them with more sophisticated weapon so vigilantes and civilians won't dare near them. apc protects bandits more than the tax payers. |
| Re: MTN Remits N879bn Taxes Amid Revenue, Profit Growth by nick50(m): 9:31am On May 28 |
Money that emilokan and his useless cabinet will gulp within seconds |
| Re: MTN Remits N879bn Taxes Amid Revenue, Profit Growth by ogascomax: 9:34am On May 28 |
We are the ones been taxed. We no longer enjoy the formal call rates and data. This government are reaping more from the economy without anything good we are enjoying from them with all the bad roads everywhere. |
| Re: MTN Remits N879bn Taxes Amid Revenue, Profit Growth by anonimi: 9:36am On May 28*. Modified: 9:57am On May 28 |
Image123:The road to more debt despite increasing revenue without improving government services and socioeconomic wellbeing of Nigrians? The tax master plan used to cripple Lagosians into waterless existence for 27 years of lootocracy ![]() https://www.youtube.com/watch?v=Bn29b0SkCWU |
| Re: MTN Remits N879bn Taxes Amid Revenue, Profit Growth by Gotocourt: 9:36am On May 28 |
nick50:Aso Villa Bandit and his governors ![]() |
| Re: MTN Remits N879bn Taxes Amid Revenue, Profit Growth by Image123(m): 9:37am On May 28*. Modified: 11:31am On May 28 |
anonimi:i would be worried if the majority listened to political jobbers like you. Thankfully, we don't. He'd be 3 years as President tomorrow. Ongoing 440+ roads project including the audacious Lagos Calabar coastal highway. 10k dialysis fee for kidney diseased patients Fuel scarcity is a thing of the past No more ASUU strike PBAT's government has neutralized more terrorists leaders than any Nigerian president No state in Nigeria is owing salary LG financial autonomy Tax reform to prevent businesses from paying multiple taxes Foreign reserves increased massively. Stability of exchange rate; manufacturers can take better decision on imports and production CNG conversion installment plan TVET program to pay youths monthly while they learn a skill. Socioeconomic well being na water. |
| Re: MTN Remits N879bn Taxes Amid Revenue, Profit Growth by Guestmale: 9:38am On May 28 |
After oil and gas the next money spinning machine in the world is telecom. |
| Re: MTN Remits N879bn Taxes Amid Revenue, Profit Growth by anonimi: 9:39am On May 28 |
Gotocourt:Na so oh........................governors who are bribed to join APC and ensure his return to office next year, before securing a 3rd term agenda for life president just as he has done in Lagos for 27 years. How did we get here? How do we get out of this quagmire ![]()
NaijaRoyalty: |
| Re: MTN Remits N879bn Taxes Amid Revenue, Profit Growth by bigdammyj: 9:40am On May 28 |
Noted. More characters needed. |
| Re: MTN Remits N879bn Taxes Amid Revenue, Profit Growth by DomPerignon: 9:42am On May 28 |
Checkwell:Is MTN selling drugs in Nigeria ? |
| Re: MTN Remits N879bn Taxes Amid Revenue, Profit Growth by ZombieTERROR: 9:48am On May 28 |
Almost a trillion And still borrowing continues more money for The thief to loot and steal Nigeria is in trouble Times are really hard |
| Re: MTN Remits N879bn Taxes Amid Revenue, Profit Growth by 1vandragon: 9:51am On May 28 |
Good on paper... But the devil is in the details... In 2014, MTN paid N176bn or over $810m in taxes... In 2025, mtn is remitting N878bn or about $650m in taxes... Make of that what you will... |
| Re: MTN Remits N879bn Taxes Amid Revenue, Profit Growth by Rilwayne001: 9:52am On May 28 |
![]() nick50:Some of these comments are so funny ![]() |
| Re: MTN Remits N879bn Taxes Amid Revenue, Profit Growth by jetguy(m): 9:52am On May 28 |
Ehh, billion wetin..I wish they mistakenly forward ⏩ it into my account 😔 |
| Re: MTN Remits N879bn Taxes Amid Revenue, Profit Growth by helinues: 9:53am On May 28 |
Data precisely is expensive If you are not making money on internet, you need to reconsider the amount you spend on data |
| Re: MTN Remits N879bn Taxes Amid Revenue, Profit Growth by geoworldedu: 9:57am On May 28 |
Remitted into the hands of the scavengers. They will pocket the money for election campaigns. |
| Re: MTN Remits N879bn Taxes Amid Revenue, Profit Growth by koxyz: 9:58am On May 28 |
Who actually bear the burden of the tax? The government continues to be aggressive in their tax collection drive further driving millions into poverty. |
| Re: MTN Remits N879bn Taxes Amid Revenue, Profit Growth by Kukutente23: 9:59am On May 28 |
Just one company paid almost $1bn in taxes and some clowns will be saying Nigerians deserve to be taxed more So where's the money? Who among our thieving politicians can account for how the money was spent especially baba borrow borrow This is minus oil revenue o They are not paying subsidy They are paying workers peanuts They are not funding the budget They can't even secure schoolkids Yet they want to borrow more And some people are supporting them for second term? |
| Re: MTN Remits N879bn Taxes Amid Revenue, Profit Growth by Gboss247(m): 10:04am On May 28*. Modified: 12:46pm On May 28 |
Checkwell:Is MTN seling hard drugs in Nigeria? |
| Re: MTN Remits N879bn Taxes Amid Revenue, Profit Growth by SenecaTheYonger: 10:05am On May 28 |
That’s why they steal your data bundle so much. It’s so they can report ridiculous gains like this. It’s bad enough that it’s a xenophobic company that is doing this to Nigerians |
| Re: MTN Remits N879bn Taxes Amid Revenue, Profit Growth by lawani(m): 10:26am On May 28 |
It's easier to collect the money because it is a public company that must publish it's books |
| Re: MTN Remits N879bn Taxes Amid Revenue, Profit Growth by Antoeni(m): 10:26am On May 28 |
The Tax Burden is on End Consumer, No Wonder MTN Data Burns Faster Than Gas |
| Re: MTN Remits N879bn Taxes Amid Revenue, Profit Growth by Teymanhenry(f): 10:33am On May 28 |
Poor man no go see shi shi. Yet him go de shout APC. |
| Re: MTN Remits N879bn Taxes Amid Revenue, Profit Growth by Heffalump(m): 10:35am On May 28 |
MTN is still owing subscribers refund for poor quality service as directed by NCC. Are they trying to bury that one too? |
| Re: MTN Remits N879bn Taxes Amid Revenue, Profit Growth by kennethesan(m): 10:38am On May 28 |
This is just from one organization. Where do these monies sink into? No accountability. |
| Re: MTN Remits N879bn Taxes Amid Revenue, Profit Growth by Blackdisciple(m): 11:26am On May 28 |
Instead to use this money to upgrade our network communications, CCTVs in cities across Nigeria they will embezzle it |
| Re: MTN Remits N879bn Taxes Amid Revenue, Profit Growth by Princedapace(m): 12:01pm On May 28 |
proxillin:I keep saying this, Nigeria should scrap income tax. We have enough resources and giant corporate to pay the company tax. Income tax is a scam. These companies pay this tax from money they made from masses. U pay if U dial ussd code now. U pay for heavily for everything and it is becus they need to cover for tax. So, after paying all that, U still pay income tax 😂 Like how na. Plus the endless natural resources. Hope U all know that naija politicians are among the richest on earth. Na the money be this. Most of these money won't be used well because corruption does not have a heavy penalty. |
| Re: MTN Remits N879bn Taxes Amid Revenue, Profit Growth by Maitunbi: 12:48pm On May 28 |
It's a shame when the only revenue boosting strategy your president knows is increment of taxation. What a dunderhead of a president. |
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