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Tinubu Suspends 5% Telecoms Tax, Defers Finance Act To September 1

Posted by Thandiubani on Thu 06th Jul, 2023 - tori.ng

Dele Alake, special adviser on special duties, communications and strategy to the president, disclosed this on Thursday.

President Bola Tinubu has suspended 5% excise tax on telecommunication services.

He also ordered the suspension of excise duties on locally manufactured products.

This was contained in the four executive orders signed into law today.

Dele Alake, special adviser on special duties, communications and strategy to the president, disclosed this on Thursday to state house correspondents.

More to follow…

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