President Bola Tinubu has permanently removed a 5% tax on telecommunications services, according to the head of Nigeria’s communications regulator.
Aminu Maida, who is the executive vice-chairman of the Nigerian Communications Commission (NCC), announced the news to journalists in Abuja on Tuesday. He explained that the tax, which had been temporarily stopped, has now been completely scrapped under new tax laws.
“The excise duty, it was the 5 percent or so, that is no longer there,” Maida told reporters.