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Osun Govt. Demands N60Bn Tax Payment, Others From Gold Mining Company

Last updated: September 26, 2024 7:26 pm
1 year ago Adeola Aderibigbe
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1 Min Read
OSUN
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The Osun State Government has demanded that a United Kingdom owned Gold mining company, Thor Exploration Limited, United Kingdom and its subsidiary, Segilola Resources Operating Limited should pay over N60 billion in monetary value and redeemable shares of Osun State in the company.

The Special Adviser to the Governor on Mineral Resources, Prof. Lukman Jimoda who disclosed this at a Press Conference in Osogbo, said the State government has asked the company operating in Iperindo in the Atakumosa East Local Government Area to remit N3.2 billion tax liability of 4 years interim assessment due to the State since July this year.

Speaking further on the issue, the Special Adviser also alleged that in early 2023, Segilola Resources Operating Limited had insisted that the State government has no form of entitled shares, but after being presented with facts and figures, the Company then agreed that the sum of 5.1 million shares with Thor Exploration Limited of United Kingdom actually accrued to the State government.

Meanwhile, the Osun State government has said it will deploy all legal instruments to claim what belongs to the State and by extension the people.

(Editor: Ken Eseni)

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