Federal Government on Sunday said ‎the new excise duty for tobacco and alcoholic beverages that took effect on June 4, is not targeted at local manufacturers. Federal Ministry of Finance, apparently reacting to some section of the media reports that the new excise duty rates approved by President
```
Members Only

Login or create an account to continue

This article is available to registered BusinessDay readers. Please login if you already have an account, or create a new account to continue reading.

New to BusinessDay? Register now and start reading.

```

Nigeria's leading finance and market intelligence news report. Also home to expert opinion and commentary on politics, sports, lifestyle, and more

Join BusinessDay whatsapp Channel, to stay up to date

Open In Whatsapp