Tag: excise tax
Business Taxes & Duties

Expert hails Buhari for introducing tax on sugar carbonated beverages

Enugu, Jan 8, 2022 (NAN) A Development Economist, Dr Chiwuike Uba, has lauded President Muhammadu Buhari for introducing tax on sugar carbonated beverages to check the excessive consumption of such products in the country. Uba, who is the Chairman of Amaka Chiwuike-Uba Foundation (ACUF), gave the commendation on Saturday while giving an economist’s perspective of Read More…
Business Taxes & Duties Top Story

Manufacturers kick as FG imposes 10% excise tax to fight diabetes

Nigerians will be paying a lot more for their fizzy drinks. This is because there is a new policy on sugar control, and because the Federal Government is increasing its revenue base to include more non-oil products. Mrs Zainab Ahmed, the Nigerian Minister of Finance, Budget and National Planning, said the Federal Government has introduced Read More…