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Tag: VAT

News

Telecom tax to go as Nigeria plans to reduce tax from 62 to below 10

The Nigerian government appears set to shelve the implementation of the 5% excise duty tax on mobile telephone services, fixed telephone, and Internet ...
By ITEdgeNewsOctober 11, 20230
News

Pantami faults 5% telecoms tax, blames security agencies not SIM card registration for rising crimes

The Minister of Communications and Digital Economy, Prof Isa Ali Ibrahim Pantami, has faulted what he described as a burdensome tax imposition of ...
By ITEdgeNewsAugust 2, 20220
Nigerian telecom industry
News

Nigerian government to earn over N200b annually from new telecommunications tax

The Nigerian government is expected to make over N200 billion annually as the new five per cent telecommunications tax goes into effect. Telecommunications ...
By ITEdgeNewsAugust 1, 20220
NCC
News

Up goes the price of talk and data as Nigerian government applies new 7.5% VAT

Nigerian telecoms subscribers are now paying more for calls and data services as government applies the new 7.5% VAT increased from 5%. This ...
By ITEdgeNewsFebruary 3, 20200
Muhammadu Buhari
News

Nigeria raises VAT to 7%, to tax online transactions from January 2020

Nigeria has increased the Value Added Tax (VAT) from 5% to 7% as government seeks money to fund capital projects. The country’s highest ...
By ITEdgeNewsSeptember 12, 20190
MTN
News

MTN problems on the rise as Nigeria demands $2bn tax arrears

Problems are political – Bloomberg Nigeria has asked MTN to pay $2 billion in tax arrears. The country’s attorney-general, Mr. Abubakar Malami, wrote ...
By ITEdgeNewsSeptember 5, 20180

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