Refusal to pay tax by oil companies hurting Bayelsa's revenue, says Diri | TheCable

  • 📰 thecableng
  • ⏱ Reading Time:
  • 10 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 80%

Business News News

Business Business Latest News,Business Business Headlines

Douye Diri, governor of Bayelsa, says the refusal of oil companies to pay tax is hurting the generation of substantial revenue for the state.

it is “unfair” that international oil companies extract oil in the state but their employees pay income tax to states where they have their headquarters.

“We have oil companies in Bayelsa who have refused to pay taxes, thereby hurting the state’s strength to generate enough revenue to cater for the needs of the people,” he said.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 2. in BUSİNESS

Business Business Latest News, Business Business Headlines