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Nairaland Forum / Nairaland / General / Health / The FG Has Introduced An Excise Duty Of N10/litre On Soft Drink. (288 Views)
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The FG Has Introduced An Excise Duty Of N10/litre On Soft Drink. by beejay4all(m): 4:03pm On Jan 05, 2022 |
The federal government has introduced an excise duty of N10/litre on all non-alcoholic, carbonated and sweetened beverages. Zainab Ahmed, minister of finance, budget and national planning made the announcement during a public presentation of the 2022 Appropriation Act in Abuja on Wednesday January 5. Ahmed said the excise duty was introduced in line with the Finance Act signed into law by President Muhammadu Buhari on December 31, 2021. She also added that this might discourage excessive consumption of sugar beverages which contributes to diabetes, obesity among others. The Minister said; “There’s now an excise duty of N10/ per litre imposed on all non-alcoholic and sweetened beverages. “And this is to discourage excessive consumption of sugar in beverages which contributes to a number of health conditions including diabetes and obesity. “But also used to raise excise duties and revenues for health-related and other critical expenditures. “This is in line also with the 2022 budget priorities.” |
Re: The FG Has Introduced An Excise Duty Of N10/litre On Soft Drink. by shawante(m): 4:06pm On Jan 05, 2022 |
These people in power have no human sympathy at all.. They don't care about the suffering of the masses. All they care is about enriching themselves. But las las we go survive |
Re: The FG Has Introduced An Excise Duty Of N10/litre On Soft Drink. by TundeWX: 4:07pm On Jan 05, 2022 |
A bunch of bollocks!!! Are dz guys doing all these on purpose to stir an uprising |
Re: The FG Has Introduced An Excise Duty Of N10/litre On Soft Drink. by illicit(m): 4:12pm On Jan 05, 2022 |
So, price of soft drink don increase be dat abi |
Re: The FG Has Introduced An Excise Duty Of N10/litre On Soft Drink. by mountmoriah(m): 4:13pm On Jan 05, 2022 |
illicit: |
Re: The FG Has Introduced An Excise Duty Of N10/litre On Soft Drink. by Nobody: 6:26pm On Jan 05, 2022 |
Nice one. |
Re: The FG Has Introduced An Excise Duty Of N10/litre On Soft Drink. by sirp9898(m): 8:27pm On Jan 05, 2022 |
We are making progress But wetin I go tell my children way make say i never build house sef |
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