Hameed Ali, retd, had at the recent 2022–2024 Medium Term Expenditure Framework (MTEF) with lawmakers, requested that the Federal Government should lift tax waivers for companies producing soft drinks, which include, carbonated drinks, water, plastics, and tiles among others within the country.īut as the duty reintroduction excise gains momentum, Nigeria’s Organised Private Sector (OPS) has strongly condemned the proposal, describing it as ill timed.Įxperts said the collection of excise duty on the products would increase the cost of production, as final consumers will be made to bear additional burden with the excise duty. The Comptroller-General of the Nigeria Customs Service (NCS), Gen. Are you a Man 40 yrs and above? Do not miss the Vital Information, it goes off in 2 days! CLICH HERE to READ.
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