The Alliance for Economic Research and Ethics Ltd/GTE has expressed strong opposition to the International Monetary Fund's (IMF) proposal for the implementation of new taxes on telecommunications services and fuel products. The group argues that these tax measures could exacerbate inflationary pressures, further aggravating the ongoing cost-of-living crisis that affects millions of Nigerians. They emphasized the need for careful consideration of the potential economic repercussions of such policies, as outlined in the IMF's recommendations.
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