In a major relief for telecom subscribers, the Federal Government of Nigeria has officially scrapped the 5% excise tax on voice and data services. This policy reversal is expected to reduce the cost of telecommunication services across the country, benefiting millions of mobile users and businesses alike.
The tax removal reflects the government’s commitment to boosting the digital economy and easing the financial burden on citizens. Industry stakeholders have long argued that the excise tax discouraged investment and slowed down the expansion of broadband services in Nigeria.
With this new development, telecom operators are expected to adjust their billing systems accordingly, ensuring customers immediately enjoy lower charges on calls, SMS, and data usage. Experts believe the removal of the tax will encourage greater internet penetration, foster digital innovation, and improve Nigeria’s competitiveness in the global tech landscape.
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This decision also aligns with the government’s broader reforms aimed at stimulating economic growth, increasing consumer purchasing power, and strengthening Nigeria’s telecommunications sector as a key driver of GDP.