N1.1b Tax: Airtel Replies Lagos State

Managing Director/Chief Executive Officer, Airtel Nigeria, Segun Ogunsanya on Wednesday disclosed that the telecommunication company has paid a tax of N1.1 billion to the Lagos State Government.

Ogunsanya spoke when he led the management of the company on a courtesy visit to Governor Babajide Sanwo-Olu at the State House, Ikeja, Lagos to redeem its promise of donating 1,000 handsets, sim cards, airtime and undisclosed amount of money to the Lagos State Security Trust Fund (LSSTF).

He said the company had come to redeem its promise to donate to the Lagos State Security Trust Fund, as the company had been in the forefront of supporting the state government and the residents.

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Ogunsanya said available statistics revealed that the company had paid a payee tax of about N1.1 billion to the state government as of November this year, saying they had received letter of commendation from Lagos Inland Revenue Service as tax complaint firm.

Speaking, Sanwo-Olu called for deeper collaboration between the government and the private sector in order to revamp the education sector in the State.

He commended the telecommunication company for redeeming its promise to donate to the state’s security trust fund, saying the gesture would help to reposition and strengthen the security architecture of the state with high level of technology.

The governor said the state government was excited to know that the telecom company had adopted a school in the state and also refurbished so many other facilities as part of its Corporate Social Responsibility, saying the company could do more by adopting more schools in the three senatorial districts