The Federal Government has finalised plans to levy a five per cent Excise Duty on all telecommunications services, including calls, SMS and data services, a move obdervers say would further compound Nigerians economic woes.

Finance Minister Zainab Ahmed shared the worrying news at a stakeholders forum organised by the Nigerian Communications Commission, NCC in Abuja on Thursday. Ms Ahmed said the decision was motivated by the federal government’s desperation to augment declining income from oil and gas. Read more https://www.ayomidejai.com/2022/07/federal-govt-to-impose-another-5-tax-on.html