US Edition2 Chinese Companies owing over ₦15bn on VAT — Reps
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Two Chinese Companies Owing Over ₦12bn in VAT
The House of Representatives Committee on Finance has summoned two Chinese companies for owing over ₦12 billion in Value Added Tax (VAT), a revelation made during a public hearing on July 11, 2025, in Abuja. The companies, identified as China Civil Engineering Construction Corporation (CCECC) and Sinohydro Corporation, have been accused of failing to remit taxes accrued from major infrastructure projects across Nigeria, including the Lagos-Ibada…
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