National Assembly Revives Push for 5% Excise Duty on Telecoms, Gaming, and Betting Services in Nigeria
Despite the previous exemption for the telecom sector from the 5% excise duty approved by former President Muhammadu Buhari, the National Assembly has revived efforts to implement it. They have proposed a 5% excise duty on telecommunications services, gaming, betting, and lottery activities throughout Nigeria. On July 6, 2023, President Bola Tinubu signed four executive […]