FG announces suspension of proposed 5% excise duty on telecom services

MINA Blog- The Federal Government on Monday announced the suspension of its planned implementation of 5% excise duty on telecommunications services. This was made known by the Minister of Communications and Digital Economy, Isa Pantami, during the inaugural meeting of the Presidential Committee on Excise Duty for the Digital Economy Sector in Abuja.

The Minister who had earlier rejected the proposed tax noted that the telecommunications sector is already overburdened by excessive and multiple taxations.

The Federal Government through the Budget Office of the Federation had earlier revealed that it would begin the implementation of its proposed excise duties on telecommunication services and beverages in 2023.


However, Pantami faulted the timing and process of imposing the tax on the industry, arguing that part of the responsibility of responsive government is not to increase the problems of the citizens.

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