
Nigerian Govt Suspends Planned 5% Tax On Phone Calls, Data
The Federal Government of Nigeria has bowed to pressure and suspended the introduction of five percent excise tax in the digital economy sector, a tax which was earlier proposed by the Minister of Finance.
The Minister of Communications and Digital Economy, Isa Pantami disclosed this in Abuja during the inauguration of a committee that will review the policy.
Pantami explained how he personally rejected the policy and took it upon himself to advise President Muhammadu Buhari against it in view of the effects it would have on the digital economy.
…Read Also: Real Reason We Digitalised Cash Transfer Payments –