FG debunks claims of plans to introduce telecoms, fuel taxes (opens original article in a new tab)

The Nigerian Federal Government has denied reports of plans to introduce new taxes on telecommunications and fuel, stating that the claims are false and misleading. It clarified that IMF recommendations are not binding and that existing tax arrangements remain unchanged.

• Federal Government denies plans to introduce new telecoms and fuel taxes
• IMF recommendations are advisory and not binding
• Existing fuel tax rules and VAT waiver remain in place
• Telecoms excise duty introduced before 2023 has been repealed