Sponsored
Business

Nigerian Breweries Vs Lottery Commission: The True Story

Sponsored
Sponsored

Last week, The National Lottery Regulatory Commission temporarily shut down operations in Abuja and Corporate Head office of Nigerian Breweries Plc in Iganmu, Lagos over payment of certain disputed fees which the Commission is claiming from the company for various consumer sales promotions.

But in a statement released Wednesday by the brewing giant, the company said no Court Order was presented to them by the officials of the Commission with regard to the shutting down of the company premises.

“Prior to the above actions, the Nigeria Employers’ Consultative Association (NECA) on behalf of its member companies (including Nigerian Breweries Plc) had instituted an action at the Federal High Court (FHC) in Suit No: FHC/ABJ/CS/306/12 against the Commission challenging the powers of the Commission to regulate consumer sales promotions in the country more so as they form part of the marketing and sales activities of the concerned companies.

“The matter is subsisting at the Court of Appeal in Suit No: CA/A/267/2016, the appeal having been brought at the instance of the Commission. A cross-appeal was subsequently instituted by NECA against the decision of the FHC.

“As a law abiding corporate citizen, Nigerian Breweries Plc has always ensured that all our consumer sales promotions are vetted and approved by the Advertising Practitioners Council of Nigeria (APCON) and the National Agency for Food and Drug Administration and Control (NAFDAC).

Since being established over 70 years ago, it was gathered that Nigerian Breweries Plc has remained one of the highest contributors to government revenue through taxes and levies paid to various levels of government.

In 2017, the Company contributed, by way of taxes and other levies, about N75billion to the treasury at both the Federal and State levels.

“Our Company has always ensured that it complies with all legitimate demands of government agencies which are in accordance with the rule of law and has never sought to or seek to deprive government of its legitimate revenue.

“Nigerian Breweries Plc is committed to winning with Nigeria and will continue to engage with all the appropriate stakeholders while seeking to protect and uphold its reputation as a good corporate citizen in the country.

Sponsored
Alinnor Arinze

Recent Posts

Amb. Emeni Ibe Congratulates Prof. Ngozi Nma Odu On NMA Outstanding Healthcare Leadership Award

The President General of the Orashi National Congress, ONC, Ambassador Comrade Emeni Ibe, JP, AP,…

1 hour ago

Seven-Month Sprint: How Vinod Obasa Put Agege on the Map

BY DAVE AGBOOLA In Lagos politics, where local government chairmen often take years to carve…

2 hours ago

Team Nigeria Takes Care of Business, With Weightlifting Gold Sweep and Sprint Surge on Day 4

AFOLABI SAHEED OLAWALE  Team Nigeria continued its outstanding campaign at the 2026 Commonwealth Games on…

4 hours ago

Information Minister, Idris, Hails NTA’s New World Class Studio, Upgrade of National Press Centre

The Honourable Minister of Information and National Orientation, Mohammed Idris, has expressed satisfaction with the…

4 hours ago

How Nigeria’s Banking Sector Can Maximise the Benefits of Recapitalisation

HENRY OBIEKA Nigeria's banking industry is entering one of the most significant transformation periods since…

6 hours ago

Africa Is Filled With Untapped Talents Waiting To Flourish –Awele Elumelu

Chairperson of Transcorp Hotels Plc, Avon Healthcare Limited and Heirs Insurance Brokers, Dr. Awele Elumelu,…

6 hours ago
Sponsored