Nigeria’s Federal Government has announced that the new tax regime for tobacco will be implemented from June 1, 2022. Fatima Hayatu, the Director of Technical Services, Federal Ministry of Finance, disclosed this at a meeting with the Civil Society Legislative Advocacy Centre (CISLAC). The Programme Manager on Democratic Governance, Okeke Anya led the organisation’s Tobacco […]
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The Federal Government says it has wrapped up plans to stop the use of tobacco in Nigeria, due to it’s increasing negative health effects. This was made known by the Minister of State for Health, Dr. Osagie Ehanire, while addressing the 8th Session of the Conference of the Parties (COP8), to the WHO Framework Convention […]
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Fellow Nigerians, recently approved excise duty for alcoholic beverages and tobacco will take effect on Monday, June 4, 2018. Recall that President Muhammadu Buhari had approved the amendment to the excise duty rates in March. The amendment came after Kemi Adeosun, minister of finance, wrote to the president seeking approval for the excise reviews that […]
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ECOWAS is set to increase excise duties on tobacco and other unhealthy products to increase revenue and reduce consumption of such products in the sub-region. The decision was part of the aims of the meeting of ECOWAS Financial Council of Ministers in Abuja on Friday. An excise duty is a type of tax charged on […]
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