Business Times

Nigeria slaps MTN with R30-billion tax bill

04 September 2018 - 14:01 By Tiisetso Motsoeneng
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An MTN starter kit pack on display on a table at a retail stand in Abuja, Nigeria. File Photo.
An MTN starter kit pack on display on a table at a retail stand in Abuja, Nigeria. File Photo.
Image: REUTERS/Afolabi Sotunde

Nigerian tax authorities have slapped MTN Group with a $2 billion (R30 billion) tax bill, the South African wireless phones operator said on Tuesday.

The announcement of the tax bill comes days after the west African country's central bank ordered MTN's Lagos-based unit hand over $8.1 billion that it said was illegal sent abroad.

-Reuters

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