The federal government has introduced an excise duty of N10 per litre on all non-alcoholic, carbonated and sweetened beverages. Zainab Ahmed, minister of finance, budget and national planning, said this during the public presentation of the 2022 Appropriation Act on Wednesday in Abuja. According to her, the new policy introduced[Read More…]
Tag: drinks
Rite Foods, The Right Way To Global Standard
Large, diversified, family-owned businesses are dominant players in the economies of most emerging markets and can be excellent business partners for Western companies. Moreover, Conglomerates in emerging markets aim to gravitate towards building, developing, or buying new capabilities, as well as strengthening core capabilities and retrofitting obsolete capabilities to help[Read More…]
Consumer TV
FG Revenue Rises 76% to N12.5tn, Fueled by Tax and Oil Gains — Budget Office
The Federal Government’s earnings have increased by 76 percent, rising from N7.1 trillion in 2022 to N12.5 trillion in 2023, due to higher taxes and oil revenues. This information was revealed in the recently released 2025-2027 Medium Term Expenditure Framework and Fiscal Strategy Paper from the Ministry of Budget and[Read More…]