President Bola Ahmed Tinubu directs the Removal of a 5% telecom tax on voice and data services, effective immediately. Thank you, Mr. President, for your citizenry-driven actions.
The Federal Government has scrapped the 5% excise duty earlier imposed on telecommunications services, a policy reversal that is expected to ease cost pressures for millions of Nigerian subscribers.
The Executive Vice Chairman of the Nigerian Communications Commission (NCC), Aminu Maida, confirmed the development, stating that President Bola Tinubu ordered the removal of the levy during discussions on the Finance Act.
“President Tinubu directed the removal of the 5% excise duty on telecommunications services,” Maida said. The government noted that the development is expected to bring relief to over 171 million active telecom users across the country, many of whom have faced a 50% tariff increase implemented earlier this year.
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