Tinubu suspends 5% tax on telecom services, import tax on vehicles, others

President Bola Tinubu has suspended the newly introduced Green Tax by way of Excise Tax on Single-Use Plastics, including plastic containers and bottles. The President has also signed an Executive Order suspending the “5% Excise Tax on telecommunication services as well as the Excise Duties escalation on locally manufactured products.” A statement released on Thursday … [Read more…]