BAT replies Senate over ‘missing’ N30trn

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Nigerian Senate

The British American Tobacco Nigeria has replied to the summon by the Senate Joint Committee on Customs, Excise and Tariff and Marine Transport on July 31, 2017. In a recent statement by the company’s Legal and external director, Freddy Messanvi,
the BATN said it has officially began communicating with the senate
Committee in order to comply with the invitation and regulations.

On
the 31st of July, 2017, we received a letter inviting us to appear
before the Senate Committee in relation to allegations of involvement in
the N30 trillion revenue believed to have been lost within the import
and export value chain.
“British
American Tobacco Nigeria (BATN), as a responsible company, has since
been officially communicating with the Senate committee in order to
comply with their invitation and regulations to ensure a resolution of
the issue through extensive engagements, verification and reconciliation
exercises.
“Over the years,
British American Tobacco Nigeria has always maintained a healthy
relationship with government agencies, including customs. In 2016,
Nigerian Customs service commended the British American Tobacco Nigeria
for its contributions to Nigeria’s treasury. 

“We
also have a history of ensuring 100% custom duty payments are disbursed
on time and in full to secure an incessant flow of required materials.
We also ensure we abide by Central Bank of Nigeria and Customs
guidelines in relation to import and export processes as required and
demanded by the law.
“We
appreciate the efforts of the government to block all revenue leaks and
as good corporate citizens we will continue to comply with the Nigerian
regulations. We also intend to work with the government, within the
confines of applicable laws, to create an environment where businesses
will thrive and harness amicable working relationships through
constructive discussions and engagements to ensure Nigeria remains
attractive for foreign direct investments in the long run.”
 
On Friday, August 4, 2017 the Committee had summoned the CEO of BATN alongside 29 other companies’ CEOs.

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