Business
MTN Nigeria, FIRS Face Probe Over N2.6trn Tax Evasion

MTN Nigeria is under investigation by the House of Representatives Committee on Public Accounts following a N2.6 trillion tax waiver granted it by the Federal Ministry of Trade and Industry.
During its investigative hearing on Tuesday, the committee, led by Oluwole Oke, stated that the documents used to back the waiver was allegedly forged, which could have an implication on Nigeria’s economy.
It was also asserted that the certificates, which stand as evidence of the waiver, following valuation of MTN dealings by the Federal Inland Revenue Service (FIRS), were not issued by the Service.
The investigation had commenced following audit queries issued by the Auditor General of the Federation on tax evasion.
During the hearing, General Manager, MTN group, Yemisi Adeleye, said the Trade Ministry and FIRS used various documents to support the N2.6 trillion tax waiver.
While she provided documents to defend the capital allowance, the House committee disagreed with her submission, stressing that it would probe the role of abuse of power in the tax waiver by the Trade Ministry and FIRS.
The officials of the Federal Ministry of Trade and Industry, as well as the FIRS, have been summoned to face the Committee on Public Accounts, and provide details of the waiver process.
Business
Kenyan Runners Dominate Berlin Marathons
Kenya made it a clean sweep at the Berlin Marathon with Sabastian Sawe winning the men’s race and Rosemary Wanjiru triumphing in the women’s.
Sawe finished in two hours, two minutes and 16 seconds to make it three wins in his first three marathons.
The 30-year-old, who was victorious at this year’s London Marathon, set a sizzling pace as he left the field behind and ran much of the race surrounded only by his pacesetters.
Japan’s Akasaki Akira came second after a powerful latter half of the race, finishing almost four minutes behind Sawe, while Ethiopia’s Chimdessa Debele followed in third.
“I did my best and I am happy for this performance,” said Sawe.
“I am so happy for this year. I felt well but you cannot change the weather. Next year will be better.”
Sawe had Kelvin Kiptum’s 2023 world record of 2:00:35 in his sights when he reached halfway in 1:00:12, but faded towards the end.
In the women’s race, Wanjiru sped away from the lead pack after 25 kilometers before finishing in 2:21:05.
Ethiopia’s Dera Dida followed three seconds behind Wanjiru, with Azmera Gebru, also of Ethiopia, coming third in 2:21:29.
Wanjiru’s time was 12 minutes slower than compatriot Ruth Chepng’etich’s world record of 2:09:56, which she set in Chicago in 2024.
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