PRESIDENCY: FG NOT CONSIDERING NEW TAXES ON TELECOM SERVICES, PETROLEUM PRODUCTS. (PHOTO).
Presidency: FG not considering new taxes on telecom services, petroleum products The federal government says it is not considering the introduction of new taxes on telecommunications services or petroleum products. The clarification comes after the International Monetary Fund (IMF) advised Nigeria to extend value-added tax (VAT) to fuel products and to introduce excise duties on telecommunications services to raise government revenue and fund development and social spending.