The Federal Government has disclosed that telecommunications subscribers would pay a 5 percent tax on call, SMS, and data services. This is coming as the
The Federal Government has disclosed that telecommunications subscribers would pay a 5 percent tax on call, SMS, and data services.
Zainab represented by the Assistant Director, Tax and Policy, Mr Musa Umar appreciated NCC for providing the platform to increase Nigeria’s revenue generation. Earlier, in his remark, the Executive Vice Chairman/CEO NCC, Prof Umar Danbatta said the forum is necessitated for stakeholders to get better clarifications on the 5% exercise duty on telecom services implementation.
On his part, Comptroller General of the Nigerian Customs Service, Hameed Ali urged stakeholders to be patriotic toward implementing the policy. “It is a strange move, it appears a bit unusual. exercise duty is supposed to be apportioned to goods and products, but we are surprised this is on Services. On his part, the President of ATCON, Engr Ken Nnamani said, “the proposed exercise duty do not comply with principle of taxation, fairness, certainty, convenience and efficiency”.
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