Daewoo Engineering and Construction Nigeria Limited has confirmed that all issues regarding tax deductions at the NLNG Train 7 Project site have been fully clarified and resolved in collaboration with the Rivers State Internal Revenue Service.

Previously, DECN had requested a 14-day period to address the tax matters that had prompted protests by welders and fitters on the project.

In response, the Chairman of Bonny Local Government Area, Abinye Blessing Pepple, convened a stakeholders’ meeting and set up a 14-member investigation committee to review and resolve the tax-related issues at the site.

In a statement signed by the Community Affairs and Security Manager of DECN Limited, Mr. Bernard Ewubare, the company explained that the official review conducted by RIRS confirmed there are no outstanding tax liabilities, discrepancies, or irregularities.

“All Tax Identification Numbers (TINs) and Tax Clearance Certificates (TCCs) issued to DECN personnel are authentic, valid, and duly issued by the RSIRS.

“DECN’s tax deductions, remittances, and filings have been accurately and transparently executed in full compliance with Nigerian tax laws,” Ewubare said.

To promote ongoing transparency and prevent future misunderstandings, Ewubare stated that DECN conducted a brief simulation showing employees how to independently verify their tax information using the RIRS online platform.

“This practical step further reinforced confidence among workers and stakeholders regarding the company’s compliance and accountability,” he said.

The company expressed its appreciation to the RIRS, the Bonny Local Government Council, the Welders and Fitters Association, the media, and all other stakeholders for their cooperation and support throughout the process.

DECN further reaffirmed that the tax issue has been fully resolved, underscoring the company’s commitment to transparency, due process, and sound corporate governance.

“DECN remains dedicated to maintaining a compliant, trustworthy, and productive working environment as it continues the successful delivery of the NLNG Train 7 Project,” he stated.