Recall the FG in August last year, in a move to boost the country’s revenue generation, had announced it would begin the implementation of its proposed excise duties on telecommunication services and beverages in 2023.
The Finance Minister had stated that the move became necessary as the FG was not realising enough revenue from oil hence the indeed to look towards the non-oil sector for revenue generation.
Speaking on the matter, the Chairman of the Association of Licensed Telecoms Operators of Nigeria (ALTON), Gbenga Adebayo also rejected the new tax imposed on the sector saying it would be a burden which would be passed to subscribers.
