President Bola Tinubu has permanently abolished the 5% excise duty on telecommunications services, following two years of suspension. The move, announced by the NCC, marks a definitive Burden’s End for Nigerian consumers and businesses.
President Tinubu has permanently removed a 5% telecoms tax.The excise duty was applied to mobile voice and data services.
The announcement was made by the NCC’s Executive Vice-Chairman.The tax was initially suspended in July 2023.It was briefly proposed for reinstatement in October 2024. The tax faced opposition from...Continue..Reading..
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