President Bola Tinubu has approved the scrapping of the controversial 5% excise duty, which applied to mobile voice and data services in the nation’s telecommunications services.
This development was disclosed by the Executive Vice-Chairman of the Nigerian Communications Commission (NCC), Aminu Maida, during a media briefing in Abuja on Tuesday.
He confirmed that the excise levy, which was initially suspended in 2023, has now been officially removed under revised national tax laws.