Skip to content
Thursday 9 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 4181 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

CBN warns against rejection of N100 note, reaffirms legal tender status

July 8, 20260
Business & Economy

Over 17 million Nigerians face acute hunger – UN raises alarm

July 8, 20260
Business & Economy

Delay of N1trillion FG stimulus leaves manufacturers stranded

July 7, 20260
Load more
Read also
Inside Akwa Ibom Today

inside the Hill top newspaper

February 9, 20250
Crime

195 Enugu vehicle owners face prosecution for number plate violation

July 9, 20260
Environment

Lagos council plans fine, jail for residents without waste bins

July 9, 20260
News

Stakeholders demand corporate governance in public sector

July 9, 20260
Info Tech

Google search shatters all-time record after Argentina’s win

July 9, 20260
Crime

House of Reps probes alleged abuse in repatriation of trafficked Nigerian girls from Mali

July 9, 20260
Politics

Presidency hits back at Peter Obi over 2027 safety claim, says allegations are lies

July 9, 20260
Load more

inside the Hill top newspaper

February 9, 2025

195 Enugu vehicle owners face prosecution for number plate violation

July 9, 2026

Lagos council plans fine, jail for residents without waste bins

July 9, 2026

Stakeholders demand corporate governance in public sector

July 9, 2026

Google search shatters all-time record after Argentina’s win

July 9, 2026

House of Reps probes alleged abuse in repatriation of trafficked Nigerian girls from Mali

July 9, 2026

inside the Hill top newspaper

0 Comments

195 Enugu vehicle owners face prosecution for number plate violation

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

2 die in lone crash on Lagos-Ibadan Expressway

January 9, 2026
3

Nigeria’s Top 10 Songs, with ITTY OKIM

September 7, 2024
4

Hunger protest: Peter Obi demands apology, 5 billion from Tinubu’s aide, threatens defamation lawsuit

July 23, 2024
5

Petrol subsidy removal shouldn’t have been contemplated – Analyst slams Tinubu

September 4, 2024
6

Three arrested for torturing varsity student to death

May 31, 2026
Popular
1

inside the Hill top newspaper

February 9, 2025
2

TikToker convicted for insulting Ugandan President

November 14, 2024
3

Court jails two fake EFCC staff

July 25, 2025
4

Gunmen shoot popular Lagos pastor dead, kidnap 3 in his car

December 4, 2024
5

Nigeria’s small businesses can’t survive a month without income — Moniepoint

October 10, 2025
6

ROMANCE GONE SOUR: I’ve found new love, my husband can have custody of our children

April 27, 2024

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

Telecoms tariff increase: Subscribers storm NCC today as Organised Labour mobilises for showdown

January 24, 2025

High taxes, bank charges top business constraints in September — Survey

October 16, 2025

Ondo transfers Akure Teaching Hospital to FG

September 12, 2025

JUST IN: Tinubu decorates Disu as acting IGP at Presidential Villa

February 25, 2026
Top posts

Categories

  • News4736
  • Politics4369
  • Crime4167
  • International2892
  • Sports2361
  • Business & Economy2204
  • Headlines2139
  • Education1319
  • Matilda Showbiz944
  • Health840
  • Entertainment774
  • Africa539
  • Religion471
  • Environment347
  • Special267
  • Info Tech234
  • Arts & Culture230
  • Hunger protests in Nigeria224
  • Inside Akwa Ibom Today191
  • Interview181
  • Opinion150
  • EyeCare with Dr Priscilia Imade124
  • World Cup 202654
  • 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