Western Metal Products Company (WEMPCO) is a Chinese company
In 2020, WEMPCO Steel Mill Limited reportedly failed to remit Companies Income Tax, Value Added Tax and Withholding Tax to the government. The restriction was placed on the company’s account after it defaulted on tax payment for more than six years.
A major debt burden is weighing heavily on Western Metal Products Company Limited (WEMPCO) Group as it plans to sell its flagship five-star Oriental Hotel, situated in-between the Lekki and Victoria Island areas of Lagos