FG Removes Excise Duty For Telecoms Services

L-R: Jacqueline Olowolayemo, Senior Administrative Manager, Mafab Communications Ltd.; Prof Umar Danbatta, Executive Vice Chairman/Chief Executive Officer, Nigerian Communications Commission, Prof Isa Ali Ibrahim Pantami, Hon. Minister of Communications and Digital Economy; Dr. Vincent Olatunji, National Commissioner/Chief Executive Officer, Nigeria Data Protection Bureau and Anas Galadima, Senior Manager, Public Affairs, MTN Nigeria, during a press briefing by the Presidential Review Committee on Excise Duty in the Digital Economy Sector in Abuja on Tuesday (March 21, 2023).

The Federal Government has announced the removal of excise duty for telecom sub-sector of Nigeria’s digital economy Industry.

This was in line with the recommendations of the committee it constituted to review the applicability of the Excise Duty to the telecom sector which is considered already overburdened with taxation and sundry levies.