IMF tells FG to tax fuel, telecom services as revenue gap widens

Businessday | 15-06-2026 09:49am |

The International Monetary Fund has recommended that the federal government implement value-added tax on fuel products and introduce new charges on telecommunications services. This call comes as the government faces a widening revenue gap, necessitating measures to enhance fiscal sustainability. The IMF's suggestions aim to bolster the country's revenue generation efforts amid ongoing economic challenges.

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