consumption tax

consumption tax

Experts commend government for suspending proposed increases in excise duty rates

Daniel Obi Dec 26, 2022

Foremost experts in Tax, Fiscal Policy, and Economics have commended the Federal Government on its recent indication to suspend the...

consumption tax

Job loss, sector crises looms if FG implements excise tax policy for manufacturers - CPPE

Gbemi Faminu Mar 17, 2022

Nigerians could suffer an increased rate of job loss which will cause a spike in unemployment if the federal government...

consumption tax

How FG’s tax on carbonated drinks will affect manufacturers, consumers & economy

Gbemi Faminu Jan 10, 2022

The year 2021 despite its challenges, will seem like a walk in the park for manufacturers who are starting the...

consumption tax

Smaller hotels, restaurants hardest hit as states introduce consumption tax

Obinna Emelike Oct 11, 2019

Lagos is the latest, behind Kano and Ogun States, to impose a consumption tax on hotels, restaurants and event centres....

consumption tax

Ogun devises e-channel mechanism for collection of consumption tax

BusinessDay Apr 17, 2018

As part of measures to further prevent financial leakages in the collection of consumption, Ogun State Internal Revenue Service (OGIRS)...