Tinubu signs executive orders, suspends 5% excise tax on telecoms ⬇️
Tinubu’s spokesman, Dele Alake, made the announcement during a press briefing at the State House in Abuja on Thursday.
Alake noted that the development is to ensure adherence to the 90 days minimum advance notice for tax changes as contained in the 2017 National Tax Policy. Tinubu also ordered the suspension of the newly introduced Green Tax in the form of Excise Tax on Single-Use Plastics, including plastic containers and bottles, as well as the suspension of the Import Tax Adjustment levy on certain vehicles, according to the presidential spokesman.
He, however, reiterated President Tinubu’s commitment to reviewing complaints about multiple taxation, local and anti-business inhibitions.
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