Nigeria Proposes Bill to Impose 5% Excise Duty on Telecom, Gaming & Betting Services

Tekedia | 22-10-2024 01:38pm |

The Nigerian government has taken steps towards increasing revenue collection by introducing a new bill that proposes a 5% excise duty on telecommunications, gaming, and betting services. The measure is part of a broader initiative aimed at overhauling Nigeria’s tax framework, as outlined in the proposed “Nigeria Tax Act.” The bill, obtained from the National [...]The post Nigeria Proposes Bill to Impose 5% Excise Duty on Telecom, Gaming & Betting Services appeared first on Tekedia.

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