5% Excise Duty: Telecom Firms Reject Proposed Reintroduction   The Association of Telecommunications Companies of Nigeria, ATCON, has rejected plans by the Federal Government to reintroduce a five percent excise duty on the telecommunications sector, warning that the move could significantly burden the industry. On July 6,...

N’assembly Proposes 5% Excise Duty on Telecoms, Others The national assembly has proposed a five percent excise duty on telecommunications services, gaming, betting, and lottery activities. On July 6, 2023, President Bola Tinubu signed four executive orders, including the suspension of the 5 percent excise tax...

Buhari Approves Rates for Alcoholic Beverages, Tobacco President Muhammadu Buhari has approved an amendment to the excise duty rates for alcoholic beverages and tobacco with effect from Monday, 4th June 2018. The President has also granted a grace period of 90 days (three months) to all...