The Federal Government Monday suspended its proposed excise duty on telecommunication services.
It said the action was necessary because the telecommunications sector is already overwhelmed by excessive and multiple taxation.
The Minister of Communications and Digital Economy, Isa Pantami announced these on Monday during the inaugural meeting of the Presidential Committee on Excise Duty for the Digital Economy Sector in Abuja.
He said he is against the implementation of the tax which will increase the cost of telecommunication services.
The Federal Government had through the Budget Office of the Federation revealed that it will commence the implementation of ts proposed excise duties on telecommunication services and beverages in 2023.
1352500cookie-checkFG Explains Suspension Of Planned Telecom Tax
