RE: PMB's Corruption War And Many Probes - Leadership Newspapers
While we have read from media reports that the Honorable House of Representatives, we are contending through stipulated due process and judicial systems that the retroactive duties are not payable, and that Stallion has paid Naira 17. 15 Billion... All imports and duties were paid as per the Rice policy of the Federal Government of Nigeria, THERE IS NO QUESTION OF ANY EVASION OF DUTY WHATSOEVER. Stallion Group reiterates it commitment to be fully compliant with any final determination made by the Courts in this matter. Stallion is also fully committed to Nigeria’s quest for self-sufficiency in rice production and has since 2007, established fully integrated rice production facilities of 430,000 tonnes with ongoing projectsto expand to 1. 50 million tonnes. Stallion dismisses the following frivolous allegations made in the referred article including irresponsible words such as the group has a “bad business record”, “several breaches and underhand business activities”, “accused of bringing rice into... The Federal Government of Nigeria ranked stallion Nigeria’s second largest conglomerate in 2014. As key criteria for the. Source: leadership.ng
