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Nigerians to pay much more for phone calls, data as govt set to implement another tax

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Nigerians would be required to pay 12.5% tax on telecommunications services as a result of the federal government’s planned implementation of a 5% inclusive excise charge on the industry.

The statement was made on Thursday, July 28 during a stakeholders’ forum on the introduction of excise duty on telecommunications services in Nigeria by Zainab Ahmed, Minister of Finance, Budget, and National Planning.

Speaking at the event hosted by the Nigerian Communications Commission (NCC), Ahmed claimed that although the five percent excise charge was included in the Finance Act 2020, it had not yet been put into effect. Ahmed was represented by Assistant Chief Officer of the Ministry, Frank Oshanipin.

The Minister claimed that the delay in implementation was due to the government’s interaction with stakeholders.

She stated:

“Payments are to be made on monthly basis, on or before 21st of every month.

“The duty rate was not captured in the Act because it is the responsibility of the president to fix rate on excise duties and he has fixed five per cent for telecommunication services which include GSM.

“It is public knowledge that our revenue cannot run our financial obligations, so we are to shift our attention to non oil revenue.

“The responsibility of generating revenue to run government lies with us all.”

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