House of Reps Public Hearing Day 2 – Dangote Industries Limited

  • PIAB
    • concerns about the third-party access – will not encourage investment
    • price control provisions are worrisome
    • specific protection to be given to facilities in the midstream sector
    • entities operating in the Free Trade Zone not covered by these provisions
  • PIFB
    • attempt to reduce allowable expenditure – provisions of the PIFB should be aligned with CITA
    • companies should be able to appeal Federal High Court decisions
    • re-considerĀ the basis for penalising failure to self assess
    • withholding tax penalties should be aligned with CITA
    • harmonise potential conflicts in definitions of midstream and downstream


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