Despite huge criticisms from stakeholders and consumers, the Federal Government has said there is no going back on the proposed five percent tax hike on telephone calls and data.
When the hike is implemented, Nigerians will pay 12.5 percent tax on calls and data. 7.5 percent being Value Added Tax currently being charged.
In a statement Mr. Tanko Yususa, media aide to Mrs. Zainab Ahmed, Minister of Finance, Budget and National Planning, said five percent excise duty on calls and data is a revenue driver for the government.
Daily trust reports that Yunusa said the minister gave the government’s position at a stakeholders’ meeting organised by the Nigerian Communications Commission (NCC).
Mrs. Ahmed, who was represented by the Assistant Director, Tax Policy, Federal Ministry of Finance, Budget and National Planning, Musa Umar, noted, “The five percent excise duty has been in the Finance Act 2020, but has never been implemented.