More than 800,000 companies in Nigeria, including government contractors, have never paid any taxes, Finance Minister Kemi Adeosun has revealed.
In a statement, she also said that only 14 million Nigerians, out of an economically active base of 70 million, paid taxes.
Nigeria’s Justice Minister Abubakar Malami, has said that the country recently recovered $85 million of stolen assets from the UK. He claimed the money is linked to the Malabu scandal, a major case of alleged bribery involving oil giants Shell and ENI.
The Malabu scandal is one of the biggest corruption cases to hit Nigeria’s oil industry. Investigators in Nigeria and in Italy claim that $1.1bn – which was paid to the government by international oil companies in 2006 – never made it into the national coffers.
At least 13 people have been killed in three suicide bomb attacks in Nigeria's northeastern city of Maiduguri with 16 others sustaining serious injuries.
Nigerian President Muhammadu Buhari has condemned the killings taking place in the county’s Plateau state after news of the death of over 20 people in renewed reprisal attacks.
Nigerian pop star Davido was questioned twice by police over the suspicious death of his friend after two other members of his entourage died later in the same week.
