EconomyBusinessEducationGlobal WindowHealthHuman Rights IssuesJudiciaryNews

5%TAX:TELECOMS CONSUMERS HEAD FOR COURT

5%TAX:TELECOMS CONSUMERS HEAD FOR COURT

Telecommunication subscribers, under the aegis of the National Association of Telecoms Subscribers, have vowed to challenge the legitimacy of the proposed five per cent excise duty on telecoms services in court.
According to them, the excise duty on telecom services, which would translate to an extra five per cent consumption tax on calls, SMS, data, and other telecom services, was insensitive and would further impoverish consumers whose purchasing power had been weakened in recent times.

The President of the association, Adeolu Ogunbanjo, disclosed this to while commenting on the recent allegation by the Ministry of Finance, Budget and National Planning that the Minister of Communications and Digital Economy was well aware of the inclusion of the five per cent excise duty on telecoms services.
Speaking at the maiden edition of the Nigerian Telecommunications Indigenous Content Expo, Isa Pantami had said, “The Ministry of Communications and Digital Economy is not satisfied with any effort to introduce excise duty on telecommunication services.
Experts say the Buhari led administration in the last seven years has made life pretty difficult for Nigerians contrary to all the promises he made in 2015 during his electioneering.
Under his watch, the purchasing powes of naira and that of the people have dwindled compared to what it was under Goodluck Ebele Jonathan as President.

Related Articles

Leave a Reply

Your email address will not be published.

Back to top button