Home Nigeria’s govt suspends proposed telecoms tax

Nigeria’s govt suspends proposed telecoms tax

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

Nigeria’s government has suspended the proposed excise duty on telecommunication services.

Confiance News gathered from a report from the Witness.

According to the report, the suspension was announced by the Minister of Communications and Digital Economy, Isa Pantami, on Monday during the inaugural meeting of the Presidential Committee on Excise Duty for the Digital Economy Sector in Abuja.

The minister said the telecommunications sector is already overburdened by excessive and multiple taxation.

The Federal Government through the Budget Office of the Federation had earlier revealed that it would begin the implementation of its proposed excise duties on telecommunication services and beverages in 2023.

Share

Leave a comment

Leave a Reply

Your email address will not be published.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

Member

Don't Miss

‎Billions in Nigeria’s Reserves, But Where is the Growth?‎

‎By Blaise Udunze‎‎‎The moment the Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, recently announced that Nigeria’s foreign reserves had inched...

‎How low risks energy industry will attract investments to Nigeria- NLNG

By Chioma Obinagwam‎‎NLNG has reaffirmed that a well-structured, low-risk in the Nigeria’s energy sector is essential to unlocking investments, accelerating economic development and...

Related Articles

‎Billions in Nigeria’s Reserves, But Where is the Growth?‎

‎By Blaise Udunze‎‎‎The moment the Governor of the Central Bank of Nigeria...

‎How low risks energy industry will attract investments to Nigeria- NLNG

By Chioma Obinagwam‎‎NLNG has reaffirmed that a well-structured, low-risk in the Nigeria’s...

Nigeria’s 2026 DigitalSENSE Forum pushes for Digital Inclusion

By Chioma Obinagwam‎‎ITREALMS Media has officially announced the 2026 edition of the...

Platforms Africa’s Adeola Yusuf Underscores Strategic Communication For Nigeria, Africa’s Energy Future At NIES 2026‎‎

‎By Chioma Obinagwam‎‎The Nigeria International Energy Summit (NIES) has named Team Lead...