FG Pursues $750m W’Bank Loan, may Reintroduce Telecom Tax In pursuit of securing a new $750m loan from the World Bank, the Federal Government may reintroduce previously suspended telecom tax and other fiscal measures. This is according to the Stakeholder Engagement Plan for Nigeria – Accelerating...

50% Tax on Telecom Operators Deter Foreign Investment – NCC The Nigerian Communications Commission (NCC) has appealed to states and local government councils across the country to cut taxes imposed on telecom companies, asserting that excessive taxation will be counterproductive to the growth of the...

Fed Govt Dumps 5% Telecom Tax Waiver   The Federal Government is reportedly set to proceed with its implementation of a five per cent excise duty tax on mobile telephone services, fixed telephone, and Internet services. This is despite a recent communication by the Minister of Communications...

Akabueze: Why Insist On Punishing Citizens With Telecom Tax By Fom Gyem I watch with interest an Arise Television interview where the Director General Budget Office, Ben Akabueze disclosed that the suspension of the proposed excise duty on players in the digital economy would worsen...

As Angry Nigerians Attack DG Budget Office, Ben Akabueze, over Insistence on Five Percent Telecom Tax By Zeenat Sambo It all started like a joke on June 29, 2022 when the Federal Government announced that telecommunications subscribers would pay extra five percent tax on calls, SMS,...

Five Percent Telecom Tax: Desperate Revenue Drive or Deliberate Wickedness? By Vivian Abomann Taxation is one of best ways of generating revenue for countries all over world. Over the decades, Nigeria has been struggling to beef up her revenue from taxation but that has proven difficult...