The carbonated soft drinks sub-sector of the Manufacturers Association of Nigeria [MAN] have raised a discomforting alarm over the Federal Government’s proposed 20 per cent Ad-valorem Excise Tax on Non-Alcoholic Beverages which covers the widely consumed Carbonated Soft Drinks [CSD] segment. The sectoral group heads rising from a meeting on[Read More…]
Tag: threat to soft drinks Market I’m Nigeria
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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…]