Nigerians to pay 5% tax on telephone call, text msgs, data, says FG

The Federal Government has disclosed that telecommunications subscribers would pay five per cent tax on calls, SMS and data services. Meanwhile, stakeholders in the industry have expressed dissatisfaction over government’s resolve to implement five per cent excise duty on all telecommunications services in Nigeria. Speaking in Abuja yesterday at the Stakeholders Consultative Forum on Implementation of Excise Duty, the Executive Secretary, Association of Telecommunications Companies of Nigeria (ATCON), Ajibola Olude, said taking cognizance of the hardship in Nigeria at a time like this, the government should rescind its decision to implement the five per cent excise duty on telecommunications operators.

By |July 29th, 2022|Categories: News|Tags: , , , |0 Comments
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