Home Nigeria’s Communications minister faults FG’s plans to impose 5% tax on call, text, data

Nigeria’s Communications minister faults FG’s plans to impose 5% tax on call, text, data

Share
Minister of Communications and Digital Economy, Isa Pantami. Photo credit: Isa Pantami on Twitter
Share

Nigeria’s Minister of Communications and Digital Economy, Isa Pantami, has kicked against plans by the federal government to impose five per cent excise duty on telecommunications services in the country.

The minister vowed to use every legal instrument available to fight the decision as, according to him, the decision didn’t go through wide consultation, adding that if the decision was allowed to stand, it would affect the sector negatively.

The minister, who spoke at the maiden edition of the Nigerian Telecommunications indigenous Content Expo, NTICE, in Lagos on Monday, said the sector, which was already attracting huge revenue, creating jobs and adding huge revenue to the GDP, should not be over burdened with such taxes.

He said: “The 5 per cent excise duty will over burden the industry. As a Minister I was neither consulted nor received a memo to that effect. Even the relevant lawmakers that were supposed to be consulted have also told me they were not.

”Things are not done that way. Besides criticising the tax, we will take every legal measure to ensure the tax does not stand.”

Share

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Articles
Robotic surgical system in use during Nigeria’s first tele-robotic surgery, with medical team operating, group photo of doctors, and Starlink logo on Nigerian flag
Technology 

Nigeria achieves first tele-robotic kidney surgery powered by Starlink‎

‎• Surgeon in Ogun State removes cancerous kidney tumour from patient in...

Nigeria’s $1 Trillion Dream and the Great Corporate Exodus

‎‎Nigeria’s economic story is increasingly beginning to resemble a tale of two...

Artificial Intelligence (AI) 

How to get cited by ChatGPT without Google rankings‎

‎• Confiance News has learned that Google indexing alone no longer determines...