Seplat did not benefit from improper tax waivers – CEO

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Austin Avuru, CEO, Seplat Petroleum Development Company Plc
Seplat Petroleum Development Company Plc has responded to recent press coverage suggesting that the Company benefitted from improper tax waivers in relation to its grant of pioneer tax incentive by the government of Nigeria, noting that, whilst it is Seplat’s policy to not ordinarily comment on press statements or business dealings with the government, on this occasion it is deemed necessary to clarify Seplat’s position on this matter.
In a statement signed by Austin Avuru, Chief Executive Officer, stated that: “In 2013, Seplat applied for pioneer status incentive through the Nigerian Investment Promotion Council …Read More

Source:: PM Newspaper