The Minister of Communications and Digital Economy, Isa
Pantami, has kicked against renewed attempts by the Federal Government to add a
five per cent excise duty to telecommunication services.
When implemented, this will bring the total tax telecom
consumers pay for telecom services to 12.5 per cent.
He disclosed this while speaking in Lagos at the ongoing
exhibition organised by the Nigeria Office for Developing the indigenous
Telecom Sector, an agency domiciled in the Nigerian Communications Commission.
According to him, the telecom sector already contributes a
lot to the Nigerian economy, and adding more taxes could impact negatively its
growth.
He urged the government to consider taxing other sectors of
the economy that are not contributing to national development.
More details shortly…
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