NewsExpress banner Firstbank Verve banner Fidelity bank card banner Umm Sulaim's Thoughts Camano banner

Reps re-open investigation into Stallion Group tax evasion

By News Express on 06/08/2015

Gmail icon

Views: 2,641

The House of Representatives is set to re-open investigations into a 17 billion Naira tax evasion saga of the Stallion Group on Import duty under the National Rice Development Policy of 2014.

This is following the adoption of a motion brought to the House by Abdullahi Faruk on Wednesday.

Mr. Faruk said that the policy review made on rice importation last year made it possible for the company to import rice in excess of 385,061 metric tonnes while refusing to pay taxes to the Nigeria Customs Service till date.

The 7th Assembly, under the leadership of Mr. Aminu Tambuwal, had launched an investigation into Stallion Group’s tax invasion alongside two other companies but without result’

Mr. Faruk argued that allowing such practice to go unchecked would set a wrong precedence that would jeopardise the import sector and frustrate the revenue generation mandate of the customs service. (Channels TV)

•Photo shows Reps Speaker Yakubu Dogara.

Source News Express

Posted 06/08/2015 04:05:52 AM





You may also like...
Polls: Incite violence, get visa ban, forfeit assets,...

Union seeks FG’s intervention to stop Aregbesola from...

FG doesn’t play politics with security, welfare of...

Borrowing: Buhari administration will put Nigeria in a...

Presidential Race: Why we will return PDP to...

Amaechi explains how N105b, Mrs Jonathan fuel his...

We’ll rejoin CAN “within weeks” —Catholic Bishops clear...

Emefiele to Military, others: Patronise Cross River Garment...

Court sacks Senator-Elect, Nwaoboshi

Come home and invest, Mrs. Obiano urges Anambra...

Ikpeazu dedicates 51st birthday to children, unveils plan...

BREAKING NEWS: CBN takes over Skye Bank


Latest News Customs begins recruitment of officers, men Eight family members perish in gas explosion Constituency projects: How Senators, Reps steal billions — ICPC Boko Haram kills 19 herds Enugu set to pay N30,000 minimum wage Abuja-Kano road collapses amid project delay No RUGA in Ebonyi, South East, Umahi insists Why Abuja, Lagos are sinking in Quality of Living City Ranking Ohanaeze warns mischief makers, insists Nwodo’s tenure ends 2021 Budget 2020 faces fresh hurdle over N50 billion extra projects Nigeria has only 42,000 doctors, says NMA President Invasion of THE SUN premises a reminder of the military era — Uwazurike


Most Read NUDE PHOTO OF OMOTOLA JALADE-EKEINDE surfaces online (573,555 views) Nigerian female sex addict opens up, says ‘I like it with both men and women’ (457,318 views) Shameless Genevieve Nnaji exposes breasts in public (407,399 views) Finally named: The full list of friends of Nigerian female sex addict who prowled Facebook (341,994 views) OLUMBA OLUMBA OBU (the one who called himself God) IS DEAD (308,556 views) 10 cars more expensive than Jets (293,542 views) Igbo scholar disgraces Femi Fani-Kayode •Demolishes claims on Igbo/Yoruba history with facts and figures (261,707 views) Breaking News: POPULAR REVEREND CONVERTS TO ISLAM in Kaduna (Nigeria) (261,013 views) OBJ’s son reported dead in Lagos plane crash •Names of more victims emerge (242,446 views) My wasted years in Olumba Olumba Obu’s Evil Brotherhood (228,837 views) Lagos plane crash: Journalist releases victims’ names (204,514 views) THE FINAL DISGRACE: Igbo scholar unleashes more facts about Igbo/Yoruba history, finishes off Femi Fani-Kayode with second article (200,827 views)


CBN milk production

CBN banner advert

UBA Wise Savers Promo


Categories Advertorials (3) African Press Organisation (81) Art & Literature (112) Business & Economy (4,625) Business Verdict (89) Columnists (1,158) Complaints & Requests (98) Enterprise & Opportunities (221) Entertainment (719) Features (858) Global Business Monitor (499) ICT Monitor (73) International (4,330) Interview (220) Live Commentary (30) Love Matters (179) Maggie's Blog (520) News (55,339) Opinion (1,444) Pidgin (18) Politics (11,899) Religion (1,133) Sports (2,258) Stock Watch (41) AMA & Al Jazeera Global Update







APO Group Partner




GOCOP Accredited Member

GOCOP Accredited member



Africa Media Agency and Al Jazeera