The FG is also set to sanction government-owned enterprises that fail to meet their revenue-generation targets.
In 2022, Nigerians will be paying more for beverages as the Federal Government announced a possible increase in the taxation on carbonated drinks.

The Minister of Finance, Budget and National Planning, Zainab Ahmed made this known during the Public Presentation and Breakdown of the Highlights of the 2022 Appropriation Bill in Abuja on Friday, October 8, 2021.

She said, “To further enhance independent revenue generation, the government aims to optimise the operational efficiencies and revenue generation focus of the government-owned enterprises.

“The introduction of new and further increases in existing pro-health taxes for example exercise duties on carbonated drinks- this is work in progress but it will happen in the 2021 Finance Act.”

The minister also said that the performance and remittances of government-owned enterprises would be enhanced through the effective implementation of the Performance Management Framework.

She added that government-owned enterprises that fail to meet the set target in achieving the government’s revenue generation drive would be sanctioned.



https://championnews.com.ng/nigerians-to-pay-more-for-drinks-in-2022-as-fg-plans-to-increase-tax-on-carbonated-drinks/

Tax tax tax, yet no impact or common good on the populace... Ndi ara. Quota system leaders..

Just don't tax zobo and kunu...tigernut drink is already super expensive

I wouldn't have complained If all these taxes were put to good use for the masses. But unfortunately it is to fund their extravagant lifestyles & excesses.

I am looking for my johnny ayakata
Do you see my johnny? Questions

Very sweet song worth singing next year

Thank God I now drink cucumber and orange mix with ginger everyday.

This government is looking for money by fire by force I'm not going to be one of the people that will be using my money as VAT to feed on greedy bastards