Skip to content
Monday 20 July 2026
  • Home
  • Advertise with us
  • Contact
The Frontier
Click to read
The Frontier
  • News
  • Crime
  • Politics
  • Headlines
  • Education
  • Health
  • Business & Economy
  • Sports
  • More
    • International
    • Religion
    • Entertainment
    • Info Tech
    • Matilda Showbiz
      • Gists
      • Music
      • Gossips
      • Oga MAT
      • Romance
    • Arts & Culture
    • Environment
    • Opinion
    • Features
    • Epistles of Anthony Kila
    • EyeCare with Dr Priscilia Imade
The Frontier
  • News
  • Crime
  • Politics
  • Religion
  • Headlines
  • Education
  • International
  • Business & Economy
  • Entertainment
  • Sports
  • Arts & Culture
  • Environment
  • Health
  • Matilda Showbiz
    • Gists
    • Music
    • Gossips
    • Oga MAT
    • Romance
  • Opinion
  • Epistles of Anthony Kila
  • EyeCare with Dr Priscilia Imade
  • Info Tech
  • Interview
The Frontier
Click to read
Business & Economy
Business & Economy

Two Chinese companies owing over ₦15 billion in VAT — House of Representatives

The FrontierThe FrontierJuly 11, 2025 4231 Minutes read0

The House of Representatives Committee on Solid Minerals Development today decried the attitude of some foreign nationals to the solid minerals sector, particularly two Chinese companies who, it said, are owing the Federal Government over ₦15 billion Value Added Tax (VAT).

Jonathan Gaza, the committee’s chairman, stated this in Abuja during the Ministry of Solid Minerals Development ministerial retreat for top management and other staff of the ministry, reports Channels TV.

Though he did not disclose their names, Gaza explained that the discovery came to light during an investigation conducted by the green chamber.

He stated that when confronted by members of the House, the Chinese nationals said “they do not pay VAT to the Nigerian government”.

This, according to him, is appalling, considering the revenue loss and efforts of the present administration to revive the sector.

He, however, commended the present administration for ongoing efforts to revitalize the sector, particularly the revenue accrued in 2024 to the tune of ₦38 billion and over $800 million in Foreign Direct Investment.

On his part, the Minister of Solid Minerals Development, Dele Alake, said President Bola Tinubu has given him a go ahead to go after state governments interfering in mining activities in their various states

He lamented the huge challenge faced by the ministry due to state governments issue directives and regulating mining activities in their states

This action, according to the minister, contradicts the 1999 constitution of the federal government where mining activities belong to the exclusive legislative list and as such should solely be regulated and controlled by the federal government.

He stated that he has made several efforts to address this issue such as meeting with state governors but regardless there is still a high level of non compliance.

“Over the years we have witnessed sub-nationals issuing directives and regulating mining activities and even more alarming is the increased rate in recent times,” Alake said.

“This sends a wrong message to investors because state governments don’t have the right to stop mining activities or seal up mining sites.

“I have informed Mr President about this problem and he has given me a go ahead to go tough on state governments and ensure full compliance. So in the coming days, weeks you will hear more on this cause we will be going in tough.”

Tags
Chinese companiesHouse of RepresentativesowingVAT
FacebookTwitterWhatsAppLinkedInEmailLink
Previous post Why we’re yet to pay June salaries to workers – FG
next post Lagos-Calabar Coastal Highway is a scam – Former SGF, Babachir Lawal
Related posts
  • Related posts
  • More from author
Business & Economy

FG, Kaduna unveil roadmap to revive textile industry

July 18, 20260
Business & Economy

Tinubu signs Executive Order on virtual assets, moves to regulate digital economy

July 17, 20260
Business & Economy

Dollar to Naira exchange rate today

July 17, 20260
Load more
Read also
Inside Akwa Ibom Today

inside the Hill top newspaper

February 9, 20250
World Cup 2026

BREAKING: Spain crush Lionel Messi’s World Cup dream, beat Argentina to win World Cup

July 19, 20260
World Cup 2026

Burna Boy, Shakira, BTS, others wow fans at historic FIFA World Cup final halftime show

July 19, 20260
World Cup 2026

D-DAY: Spain, Argentina set for World Cup final •KICK-OFF TIME

July 19, 20260
Crime

Soldiers, policemen foil terrorists attack on school, rescue 46 students •VIDEO

July 19, 20260
Headlines

JUST IN: Oyinkansola Badejo-Okusanya wins NBA presidential race, becomes second female president

July 19, 20260
Crime

After Oyo, Kogi operation: 529 kidnapped schoolchildren, worshipers, farmers, others remain in captivity

July 19, 20260
Load more

inside the Hill top newspaper

February 9, 2025

BREAKING: Spain crush Lionel Messi’s World Cup dream, beat Argentina to win World Cup

July 19, 2026

Burna Boy, Shakira, BTS, others wow fans at historic FIFA World Cup final halftime show

July 19, 2026

D-DAY: Spain, Argentina set for World Cup final •KICK-OFF TIME

July 19, 2026

Soldiers, policemen foil terrorists attack on school, rescue 46 students •VIDEO

July 19, 2026

JUST IN: Oyinkansola Badejo-Okusanya wins NBA presidential race, becomes second female president

July 19, 2026

inside the Hill top newspaper

0 Comments

BREAKING: Spain crush Lionel Messi’s World Cup dream, beat Argentina to win World Cup

0 Comments

5 burnt to death scooping fuel from fallen tanker

0 Comments

Naira slumps further as dollar scarcity bites harder

0 Comments

BREAKING: Appeal Court sacks Senate Minority Leader, orders election rerun

0 Comments

Again, Trump fined $10,000 for violating gag order

0 Comments

Follow us

FacebookLike our page
InstagramFollow us
YoutubeSubscribe to our channel
WhatsappContact us
Latest news
1

inside the Hill top newspaper

February 9, 2025
2

Biden faces crucial week in fight for his reelection bid

July 8, 2024
3

House of Reps urges FG to reverse blanket ban on degrees from Benin Republic, Togo

March 11, 2026
4

Europe leagues return: Boniface, Lookman, other African stars who dazzle •PHOTOS

September 16, 2024
5

US restores some medical research grants, says top Trump official

June 11, 2025
6

Ace comedian Deacon Famous gets engaged to Ghanaian lover

January 18, 2025
Popular
1

inside the Hill top newspaper

February 9, 2025
2

₦210 trillion financial discrepancies: Senate committee gives NNPCL 21 days to explain

July 30, 2025
3

BREAKING: Panic as Abuja-Kaduna train derails, coaches tumble, passengers scramble to safety

August 26, 2025
4

Impeached Lagos Speaker Obasa absent from plenary as Meranda, lawmakers display united front •VIDEO

January 27, 2025
5

Niger Delta group urges army to vacate Rivers community skills centre

March 19, 2026
6

Gov Fubara presents N800billion budget for 2024 fiscal year to Rivers Assembly

December 13, 2023

About The Frontier

The Frontier is Nigeria’s leading online newspaper. It is published by Okims Media Links Limited headed by Sunny Okim, a veteran journalist who is widely known as The Grandmaster, fondly called so by colleagues and friends for being Nigeria’s pioneer movie journalist.

Most viewed

inside the Hill top newspaper

February 9, 2025

General Murtala Muhammad: The legacy of Nigeria’s fearless reformer •VIDEO

June 25, 2025

Top 20 African billionaires 2024 •FULL LIST

January 23, 2024

13 travellers missing as pirates hijack passenger boat in Rivers

February 7, 2025

JUST IN: Good worth millions of Naira lost as fire razes popular market

February 26, 2026
Top posts

Categories

  • News4782
  • Politics4402
  • Crime4241
  • International2929
  • Sports2372
  • Business & Economy2216
  • Headlines2158
  • Education1330
  • Matilda Showbiz959
  • Health848
  • Entertainment777
  • Africa550
  • Religion471
  • Environment354
  • Special269
  • Info Tech236
  • Arts & Culture233
  • Hunger protests in Nigeria224
  • Inside Akwa Ibom Today194
  • Interview183
  • Opinion150
  • EyeCare with Dr Priscilia Imade125
  • World Cup 202683
  • Advert31
  • Epistles of Anthony Kila19
  • Trends19
  • Local News5

© 2026 The Frontier, Published by Okims Media Links Limited.

designed by winnet services

  • Home
  • Advertise with us
  • Contact