The federal government says it is not considering the introduction of new taxes on telecommunications services or petroleum products.
The clarification comes after the International Monetary Fund (IMF) advised Nigeria to extend value-added tax (VAT) to fuel products and to introduce excise duties on telecommunications services to raise government revenue and fund development and social spending.
IMF, in its 2026 Article IV consultation report on Nigeria, said recent tax reforms may not be enough to sustain the government’s spending plans over the medium term.
In a statement on Wednesday, Maryann Duke, senior special assistant on communications and press secretary to the minister of finance and coordinating minister of the economy, said reports suggesting the plans or adoption of new taxes were inaccurate.
“The claims are inaccurate and do not reflect the position of the Government,” the statement reads.
“For the avoidance of doubt, the
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