Categories: News

TELCOS KICK AS FG PLANS 12.5% CALL TAX

Nigerian telecommunication consumers under the aegis of the National Association of Telecoms Subscribers have said the move by the Federal Government to increase the total consumption tax on telecom services to 12.5 per cent is irresponsible and ill-timed.

According to the association, Nigerians are already suffering as a result of harsh economic conditions and another tax on telecom subscribers will further impoverish many especially as telecom services are essential to everyone.

The Federal Government had earlier announce plans to implement a five per cent excise duty tax on telecoms services at a stakeholders’ forum on the implementation of excise duty on telecommunications services in Nigeria.

The Minister of Finance Budget and National Planning, Zainab Ahmed, stated this at the forum which was organized by the Nigerian Communications Commission.

 

VOP Lagos

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