On New Tax on Calls, Data, Isa Pantami, the Minister of Communications and Digital Economy has resisted the Federal Government’s repeated attempts to impose new tax on call of 5% on telecommunication services.
He said if it is allowed, the overall tax that telecom users pay for telecom services would rise up to 12.5%.
The Nigeria Office for Developing the Indigenous Telecom Sector, an organization housed in the Nigerian Communications Commission, is hosting an exhibition in Lagos at the time he made this announcement.
He claimed that the telecom industry already made a significant contribution to the Nigerian economy and that raising taxes would be detrimental to its expansion.
He, however, encouraged the administration to take into account taxing other economic sectors that aren’t helping to advance the country.
Recently, the Federal Government announced that it will apply a 5% inclusive excise duty on telecommunications services in Nigeria.
Zainab Ahmed, the Minister of Finance, Budget, and National Planning, said this on Thursday in Abuja at a stakeholders’ roundtable on the application of the excise duty on telecommunications services in Nigeria.