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Bola Tinubu Signs 4 Executive Orders, Suspends 5% Excise Tax on Telecoms, Others

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Amazin Zion

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Mar 1, 2023
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President Bola Tinubu called for the immediate suspension of the 5% telecoms excise tax with that of the Import Tax Adjustment charge on certain cars on Thursday.

This happened as the President signed four (4) executive directives into law to curtail the country's unfair taxing policy. Dele Alake, Special Adviser to the President on Special Duties, Communication, and Strategy, issued the policy order on Thursday during an interactive session with State House Correspondents.

The President's Executive Orders contain a revision in the date of implementation of the Finance Act, 2023. The President postponed the implementation of the Act's modifications from May 23, 2023, to September 1, 2023.

Read more: https://www.investingport.com/bola-...ers-suspends-5-excise-tax-on-telecoms-others/