The federal government’s proposed excise tax on telecommunications services has been put on hold.
The minister of communications and the digital economy Isa Pantami announced this on Monday in Abuja at the first meeting of the Presidential Committee on Excise Duty on the Digital Economy Sector.
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According to the minister, there are already too many taxes on the telecoms industry.
He declared that he opposes the tax’s introduction since it will raise the price of telecommunications services.
The Federal Government said that it would start enforcing its proposed excise levies on communications services and alcoholic beverages in 2023 through the Budget Office of the Federation.
Source: Vanguard
