Amidst public outcry and criticisms, the federal government of Nigeria has suspended the proposed excise duty on telecommunication services.
The disclosure was made by the Minister of Communications and Digital Economy, Isa Pantami.
Speaking during the inaugural meeting of the Presidential Committee on Excise Duty for the Digital Economy Sector in Abuja on Monday, September 5, the minister said the telecommunications sector is already overburdened by excessive and multiple taxation.
Recall that 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.
However, Pantami has maintained that he is against the implementation of this tax, which would increase the cost of telecommunication services for Nigerians.
Post Views: 573
