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Tag: Excise duty tax

FG can train area boys to be tax officers - Oyedele
Policy and Regulations

Tinubu launches tax reforms committee, names Oyedele chairman

President Bola Tinubu approved the formation of a Presidential Committee on Fiscal Policy and Tax Reforms on Friday. According to The Punch, the Fiscal Policy Partner and Africa Tax Leader at PriceWaterhouseCoopers, Mr. Taiwo Oyedele, was named committee chairman. The news comes just 24 hours after the President signed four Executive Orders delaying the 5% excise tax […]

Minister of Communications and Digital Economy, Isa Pantami
Business

Pantami urges firms to disregard telecom tax

The Minister of Communications and Digital Economy, Isa Pantami, has urged stakeholders in the telecom industry to disregard any attempt to impose a five per cent excise duty on telecom services. The Punch reported that Pantami emphasised the sector’s exemption from excise duty tax with approval from the President, Major-General Muhammadu Buhari (retd). According to […]

Economy

Experts laud suspension of proposed excise duties hike

Tax, fiscal policy, and economics experts have hailed the Federal Government for suspending the proposed increases in excise duty rates on tobacco, alcoholic and non-alcoholic beverages. According to The Nation, the increases were to be part of the 2023 Fiscal Policy Measures and Tariff Amendments. Renowned expert in tax and fiscal policy and the Head […]