Steep hike in sugar drink tax may derail sugar master plan, threaten jobs, experts warn

Tribuneonlineng | 25-08-2025 02:38pm |

Tribune OnlineSteep hike in sugar drink tax may derail sugar master plan, threaten jobs, experts warnCONCERNS are mounting over fresh calls for a steep hike in excise duty on Sugar Sweetened Beverages (SSBs), with financial experts warning that such a move could derail Nigeria’s National Sugar Master Plan (NSMP), trigger job losses, and further weaken the economy. Advocacy groups, including the Corporate Accountability and Public Participation Africa (CAPPA), recently urged

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