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: excise
Finance ACT 2019: 20 Basic Food Items, Sanitary Pads Others Make List of VAT Exemption List
In a bid to ensure that the cost of living does not rise for Nigerians because of the changes in the Value-Added Tax, several basic food items, locally manufactured sanitary towels, pads and tuition relating to nursery, primary, secondary and tertiary education have been added to the exemption list of[Read More…]