UK newspaper detail how Oando made its whopping quarterly N3.1 billion profit by dodging taxes

This week, Oando Plc, the so-called “highly successful” oil trading company owned by Governor Bola Tinubu's cousin, Wale Tinubu, declared a massive quarterly profit of N3.1billion, an “achievement” that was advertised in Nigerian newspapers. This would be a significant achievement for any company, except that the success of Oando hinges on a clever policy of dodging taxes.
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Added May 15, 2010
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