Nigeria: High Tax On Sweetened Beverages Will Boost Excise Revenue By 972 Percent – Report
March 13, 2024
[Leadership] If the federal government peg the Sugar-Sweetened Beverage (SSB) tax at a rate of N130 per litre, it would lead to a substantial increase of excise tax revenue to N729 billion, representing 972 per cent increment, a new report has disclosed.
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