Breaking: Buhari suspends 5% excise duty for telecoms sector

President Muhammadu Buhari has approved exemption of telecommunications sector from payment of 5% excise duty earlier approved by Federal government.

The Minister of Communications and Digital Economy, Prof. Is a Ali Pantami disclosed this on Tuesday while briefing newsmen in Abuja.

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He said the decision was reached by the Presidential Committee on Excise Duty which relied its report on multiple taxes being paid by the telecoms service providers in the industry.

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