Breaking News

OPS parleys over Reps’ tax returns probe


LAGOS – Leaders of Organised Private Sector, OPS, in the country, are to meet with the House of Representatives Committee on Finance  over an audit investigation on tax matters in 180 companies in the sector from 2006-2011.

OPS comprises Manufacturers’ Association of Nigeria, MAN; Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture, NACCIMA; and Nigerian Employers’ Consultative Association, NECA; Nigerian Association of Small and Medium Enterprises, NASME, and Nigeria Association of Small-Scale Industrialists, NASSI.

Vanguard learnt, yesyerday, that top-notchers of OPS would meet today on the issue to harmonise their positions and speak with one voice on the matter.

The OPS said its position would be made public. It will be recalled that the House Committee had in a statement, said it had appointed the firm of Olusola Adekanola  & Co as tax consultant to investigate the books of  private companies in the country.

Already, NECA, a member of OPS, has ordered its member companies to shut their gates to the said consultant, describing the move by the lawmakers as “illegal.”


Comments expressed here do not reflect the opinions of vanguard newspapers or any employee thereof.