HomeBusinessFG rules out new taxes on telecom services, petroleum products

FG rules out new taxes on telecom services, petroleum products

The Federal Government has dismissed reports suggesting that it is planning to introduce new taxes on telecommunications services and petroleum products, saying no such policy is currently under consideration.

The clarification followed public concerns and interpretations of recent discussions around Nigeria’s tax reforms and recommendations contained in the International Monetary Fund (IMF) Article IV Consultation Report.

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 Federal Government is not considering the introduction of any new taxes on telecommunications services or petroleum products.”

Related News

According to the presidency, existing measures affecting fuel and telecom services remain unchanged.

This post was originally published on this site.

RELATED ARTICLES
- Advertisment -spot_img

Most Popular

- Advertisment -spot_img
- Advertisment -spot_img