Nigerians to pay more on non-alcoholic, carbonated beverages

N10/litre Excise Duty would be imposed on all non-alcoholic, carbonated, and sweetened beverages

Beginning this year, Nigerians will be expected to pay tax on consumption of non-alcoholic, carbonated, and sweetened beverages as contained in the new 2021 Finance Bill currently before the National Assembly. This is part of the government’s policies to ramp up low revenues, which authorities

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